Baker Hughes Revenue Flat, Loss Shrinks

Baker Hughes has recognized ‘pre-merger’ net loss for the quarter ended June 30, 2017 of $179 million, ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (July 03 – July ...

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GE Oil & Gas and Baker Hughes Finalize Merger

GE has completed the previously announced combination of GE’s oil and gas business with Baker Hughes. Baker Hughes, ...

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U.S. DoJ Approves Baker Hughes – GE Merger

Baker Hughes and GE have reached an agreement with the Department of Justice that would allow the parties to ...

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New Leadership for the ‘New’ Baker Hughes

Baker Hughes and GE have announced the executive team that will lead Baker Hughes, a GE company upon closing of ...

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EU Approves Baker Hughes – GE Merger

The European Commission has cleared the acquisition of Baker Hughes by GE under EU merger control rules. The ...

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Baker Hughes Shows Off New Deepwater Fracturing Service

Baker Hughes has introduced the ‘DEEPFRAC’ deepwater multistage fracturing service, which can ...

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Baker Hughes Revenue Slips, But Loss Narrows

Baker Hughes has recognized net loss for the quarter ended March 31, 2017 mainly on restructuring charges, asset ...

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DOJ Seeks More Details on GE Oil & Gas - Baker Hughes Merger

GE and Baker Hughes have each received a request for additional information from the United States Department of ...

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Baker Hughes and Schlumberger Win Oseberg and Gullfaks Work

Statoil said it will contract Baker Hughes and Schlumberger for integrated drilling and well services on the Cat J ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (October 31 – ...

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GE Oil & Gas Joins Forces with Baker Hughes

GE and Baker Hughes have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create ...

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Baker Hughes Posts $911 Million Loss in Q2

Baker Hughes has recognized significantly wider quarterly net loss compared to the second quarter 2015 results as ...

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Halliburton Takes $3.2 Billion Loss in Q2

Oilfield services major Halliburton has seen red in the second quarter, ended June 30, 2016, as it recognized ...

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Baker Hughes Reorganizes, Shuffles Leadership

Houston-based oilfield services player, Baker Hughes, has announced changes to its organizational structure and ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (May 02 – May ...

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Halliburton and Baker Hughes Call Off Merger Deal

Halliburton and Baker Hughes have terminated the merger agreement they entered into in November 2014, effective ...

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Loss Grows for Baker Hughes

Baker Hughes has seen its quarterly net loss widen by some 66% compared to the first quarter 2015 results as its ...

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U.S. Looks to Shut Halliburton-Baker Hughes Merger

Halliburton and Baker Hughes Incorporated have said they intend to ‘vigorously contest the U.S. Department of ...

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Baker Hughes Posts Quarterly Loss

Baker Hughes reported revenue for the current quarter of $4 billion, down 33% compared to the second quarter of ...

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Aker, Baker Hughes in Early Field Design Pact

Aker Solutions and Baker Hughes agreed to cooperate on early-phase studies to help customers improve the overall ...

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