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Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK.As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications.
BJ Services in 2017 began operating as an independent joint venture after Baker Hughes sold a 53.3 percent stake in the hydraulic fracturing and cementing business to private equity firm CSL Capital Management and Goldman Sachs’ West Street Energy Partners for $325 million. [6] On 20 July 2020, BJ Services filed Chapter 11 bankruptcy. [7]
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry.In July 2017, this division was merged with Baker Hughes. [1]The division supplied equipment for the petroleum industry including drilling, subsea and offshore, onshore, LNG, distributed gas, oil pipeline and oil storage, oil refinery and petrochemical.
Baker Hughes (NYS: BHI) carries $7.5 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
With an EVA momentum of 1.7%, Baker Hughes' economic value added increased year over year, placing it in the 55th percentile of all companies in the Russell 3000. Two of the three other companies ...
In 2013, he was appointed president of GE's Oil and Gas division, [10] which he ran until the division was merged with Baker Hughes Inc in 2017, becoming Baker Hughes, a GE Company (NYSE:BHGE). [11] He became CEO of the newly formed company, and following GE's divestment from the company in 2019, has continued on as CEO of the independent Baker ...
Reuben Carlton "Carl" Baker, Sr. [1] (July 18, 1872 – September 29, 1957 [1]) was an American oil industry drilling pioneer.He established Baker Oil Tools in 1907 after developing a casing shoe that revolutionized cable tool drilling.
SAN JOSE, Calif. (AP) — Kwame Evans Jr. made 10 free throws on the way to a team-high 13 points and No. 10 Oregon beat Stanford 76-61 on Saturday night. Evans made just one basket from the field ...
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