Baker Hughes
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Banks are finding more success with ESG-related bond sales than they are with fossil fuels. Renewable-energy firms may be able to combine the funding advantages of being a corporation with the tax advantages of being a partnership. Shell boosts solar in Brazil. And a new water-based, bio-based surfactant may be a game changer.
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Baker Hughes will build a modular fast-track natural gas liquids processing plant in southern Iraq to capture associated gas for power generation and to reduce flaring.
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Traditionally, wireline or logging-while-drilling formation-testing technology has been the most accepted means of reservoir fluid characterization. But when those fluids are contaminated by mud filtrate, acoustic data can be used for fluid characterization during downhole sampling to successfully track and quantify small changes in oil compressibility.
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Halliburton and Baker Hughes both forecast moderate growth in their latest quarterly earnings reports.
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While Schlumberger, Halliburton, and Baker Hughes focus their legacy technology and service portfolios on driving up efficiency, driving down cost, and making current sources of energy less carbon intensive, they diverge on their approaches to scaling up development and deployment of breakthrough clean energy technologies.
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For the entities formerly—and, sometimes, still—known as oilfield service companies, the energy transition presents new business challenges and opportunities. How are they managing?
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The digital project is designed to deliver data management and insight across Aramco’s entire drilling fleet, making it the largest deployment in Baker Hughes’ history.
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Halliburton and Baker Hughes see oilfield services sector heading in the right direction this year after a painful 2020.
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The Magnus oil field in the North Sea catalyzed a major leap for subsea control systems. The original development of the multiplexed electrohydraulic control system has developed into a multimillion-dollar subsea controls industry.
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In a test of the future of the hydrogen business, Baker Hughes is one of three companies starting a fund whose goal is to raise €1 billion to invest in a clean hydrogen infrastructure.