Baker Hughes News

 

Baker Hughes releases Integrity eXplorer

Jul 20, 2015

Image: Integrity eXplorer cement evaluation service/Baker Hughes Baker Hughes announced the commercial release of its Integrity eXplorer cement evaluation service: a change…

Halliburton, Baker Hughes merger gets DOJ extension

Jul 10, 2015

The Halliburton and Baker Hughes US$34.6 billion proposed merger is getting an extension of about 90-days after the two oil giants entered into a timing agreement with the Antitrust Division of the US Department of Justice (DOJ) for its review…

Baker Hughes inks Johan Sverdrup drilling gig

Jul 06, 2015

Baker Hughes has picked up the US$190 million (NOK1.5 billion) onshore contract for integrated drilling services on the massive Johan Sverdrup field offshore Norway. Baker Hughes joins Norway's Odfjell, which was awarded two contracts…

Aker, Baker Hughes unite on early phase studies

Jun 19, 2015

Aker Solutions and Baker Hughes are teaming up for their second alliance together for early-phase studies that will provide improvements to the overall economics and value of oil and gas field developments. Image from Aker…

Halliburton to sell divisions pre-merger

Apr 08, 2015

Houston-based Halliburton announced it will separately market for sale the company’s fixed cutter and roller cone drill bits, directional drilling and logging-while-drilling (LWD), measurement-while-drilling (MWD) businesses. The announcement…

Stockholders approve Halliburton/Baker Hughes deal

Mar 27, 2015

Overwhelming support from stockholders at both sides of Halliburton and Baker Hughes approved the US$34.6 billion merger today (27 March). Lessar. From Halliburton Facebook.   A total…

Halliburton, Baker Hughes reach merger agreement

Nov 17, 2014

Halliburton and rival Baker Hughes have agreed to merge in a deal worth US$34.6 billion in stock and cash. Significant synergy opportunities graph from Halliburton.   According to Halliburton…

Halliburton, Baker Hughes in merger talks

Nov 14, 2014

Baker Hughes and Halliburton are in ‘preliminary discussions’ in regards to a possible merger between the two oil services providers, Baker Hughes confirmed on 14 November.  “These discussions may or may not lead to any transaction. Baker…

Aker, Baker Hughes approved for subsea production alliance

Sep 04, 2014

Aker Solutions and Baker Hughes Inc. received necessary regulatory approvals for the Subsea Production Alliance announced in April 2014. The two companies agreed to form the alliance a few months ago develop technology for production solutions designed to boost output…

Baker Hughes finalizes Weatherford purchase

Sep 03, 2014

Baker Hughes Inc. completed the acquisition of Weatherford’s pipeline and specialty services business for US$250 million. The total consideration includes $241 million in cash and $9 million in retained working capital. The purchase…

Aker and Baker form alliance

Apr 22, 2014

Aker Solutions and Baker Hughes Incorporated have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates, and reduce costs for subsea fields. The non-incorporated alliance…

Baker Hughes Introduces Well Count for US

Jul 19, 2013

Baker Hughes Inc.  has introduced the Baker Hughes Well Count, a new index that provides key U.S. onshore well count data. The proprietary count will be available on a quarterly basis.  The Baker Hughes Well Count is a natural extension of the Baker Hughes Rig Count…

Baker Hughes completes well test off Japan

May 23, 2013

Baker Hughes participated in the first successful marine methane hydrate production test well offshore Japan on March 12, 2013. The test was conducted from a drill ship for the Japan Oil Gas and Metals National Corporation (JOGMEC) in the Nankai Trough…

Baker Hughes on hydrate test well

Apr 22, 2013

Baker Hughes announced that it participated in the first successful marine methane hydrate production test well offshore Japan on March 12, 2013.The test was conducted from a drill ship for the Japan Oil, Gas and Metals National Corporation (JOGMEC) in the Nankai Trough…

Stimulating work

Aug 01, 2011

Baker Hughes' latest fracturing and stimulation vessel, the Blue Tarpon, is designed for operations in the Lower Tertiary play of the Gulf of Mexico. Katie Jernigan takes a look at the newest addition to the Baker Hughes fleet. Chouest owns…

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