Wednesday 26 July 2017
 
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Baker Hughes

Saudi Aramco picks US firms to audit oil reserves

Saudi Arabia’s state oil company has hired two US companies - energy consulting services unit Gaffney, Cline & Associates, as well as Dallas-based reserves auditing group DeGolyer and MacNaughton - to assess its crude oil reserves, the

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GE, Baker Hughes form $32bn new oil services firm

GE and Baker Hughes today announced that the companies have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create a world-leading oilfield technology provider with a unique mix of service and equipment c

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GE, Baker Hughes form $32bn new oil services firm

GE and Baker Hughes today announced that the companies have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create a world-leading oilfield technology provider with a unique mix of service and equipment c

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GE, Baker Hughes near $30bn energy merger

General Electric (GE) is expected to announce today (Ocotber 31) a $30 billion deal to combine its oil-and-gas business with Baker Hughes, a

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GE, Baker Hughes near $30bn energy merger

General Electric (GE) is expected to announce today (Ocotber 31) a $30 billion deal to combine its oil-and-gas business with Baker Hughes, a

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Halliburton, Baker Hughes scrap $28bn merger

Oilfied services provider Halliburton and smaller rival Baker Hughes announced the termination of their $28 billion merger deal on Sunday after opposition from US and European antitrust regulators. The tie-up would have brought to

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Halliburton seeks EU nod for $35bn Baker Hughes deal

US oil services provider Halliburton Company has refiled a request for EU antitrust approval of its $35 billion bid for smaller rival Baker Hughes, four months after regulators rejected an earlier application because of insufficient data.

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Baker Hughes wins Norway drilling contract

Norway's oil and gas firm Statoil said on Monday it has awarded Baker Hughes a 1.5 billion Norwegian crown ($187.20 million) contract for integrated drilling services at Johan Sverdrup field. The contract is valid for six year

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Baker Hughes wins Norway drilling contract

Norway's oil and gas firm Statoil said on Monday it has awarded Baker Hughes a 1.5 billion Norwegian crown ($187.20 million) contract for integrated drilling services at Johan Sverdrup field. The contract is valid for six year

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Baker Hughes, Halliburton set for key merger

Shareholders on Friday voted to approve the mergers of rival oilfield services firms Baker Hughes and Halliburton, bringing the proposed deal that still lacks regulatory approvals a step closer to finalisation. Halliburton shareho

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