News & Videos - BAKER HUGHES INC.

Baker Hughes, a GE company (NYSE: BHGE) announced today its successful name change to Baker Hughes Company. The Company will be known as Baker Hughes, and on Oct. 18, 2019, its Class A common stock will begin trading on the New York Stock Exchange under the symbol “BKR”. Baker Hughes is uniquely positioned as an energy technology company, with a diverse portfolio that spans the entire energy value chain. The Company’s new name and brand better reflect its current and intended principal...

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for September 2019 was 1,131, down 7 from the 1,138 counted in August 2019, and up 127 from the 1,004 counted in September 2018. The international offshore rig count for September 2019 was 242, down 2 from the 244 counted in August 2019, and up 38 from the 204 counted in September 2018. The average U.S. rig count for September 2019 was 878, down 48 from the 926 counted in August 2019, and down...

Baker Hughes, a GE company (NYSE: BHGE) will hold a webcast on Wednesday, October 30, 2019 to discuss the results for the third quarter ending September 30, 2019. The webcast is scheduled to begin at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). A press release announcing the results will be issued at 6:45 a.m. Eastern Time (5:45 a.m. Central Time). To access the webcast, listeners should visit the BHGE website at: investors.bhge.com . An archived version of the webcast will be available on...

Baker Hughes, a GE company (NYSE: BHGE) and Ocean Installer AS announced today that Vår Energi AS has awarded BHGE and Norwegian subsea contractor Ocean Installer a subsea contract for the engineering, procurement, construction and installation (EPCI) of subsea systems and associated services for the Balder X project on the Norwegian Continental Shelf (NCS). Under the contract, BHGE and Ocean Installer will engineer, procure, construct and install 16 new subsea production systems (SPS),...

Baker Hughes, a GE company (NYSE: BHGE or the “Company”) announced today the closing of a secondary offering (the “offering”) of 132.25 million shares of BHGE Class A common stock, par value $0.0001 per share (the “Class A common stock”) by General Electric Company (“GE”) and GE Oil & Gas US Holdings I, Inc., GE Holdings (US), Inc. and GE Oil & Gas US Holdings IV, Inc. (collectively, together with GE, the “selling stockholders”) at a price to the public of $21.50 per share....

Baker Hughes, a GE company (NYSE:BHGE) and C3.ai today announced the launch of BHC3 Reliability™, the first artificial intelligence (AI) software application developed by the BakerHughesC3.ai joint venture. Unveiled at BHGE’s annual digital conference, UNIFY2019 , the now generally available application uses deep learning predictive models, natural language processing, and machine vision to continuously aggregate data from plant-wide sensor networks, enterprise systems, maintenance notes,...

Baker Hughes, a GE company (NYSE: BHGE or the “Company”) announced today the pricing of a secondary offering (the “offering”) of 115 million shares of BHGE Class A common stock, par value $0.0001 per share (the “Class A common stock”) by General Electric Company (“GE”) and GE Oil & Gas US Holdings I, Inc., GE Holdings (US), Inc. and GE Oil & Gas US Holdings IV, Inc. (collectively, together with GE, the “selling stockholders”) at a price to the public of $21.50 per share. The...

Baker Hughes, a GE company (NYSE: BHGE or the “Company”) announced today that General Electric Company (“GE”) and GE Oil & Gas US Holdings I, Inc., GE Holdings (US), Inc. and GE Oil & Gas US Holdings IV, Inc. (collectively, together with GE, the “selling stockholders”) has commenced a secondary offering (the “offering”) of 105 million shares of BHGE Class A common stock, par value $0.0001 per share (the “Class A common stock”). The underwriters will have a 30-day option to...

Baker Hughes, a GE company (NYSE: BHGE) announced today that the Baker Hughes international rig count for August 2019 was 1,138, down 24 from the 1,162 counted in July 2019, and up 130 from the 1,008 counted in August 2018. The international offshore rig count for August 2019 was 244, down 11 from the 255 counted in July 2019, and up 32 from the 212 counted in August 2018. The average U.S. rig count for August 2019 was 926, down 29 from the 955 counted in July 2019, and down 124 from the 1,050...

McDermott and BHGE awarded contracts for Ichthys Gas Field Development - Awards follow the completion of a front-end engineering and design (FEED) competition and tender for the engineering, procurement, construction, installation (EPCI) scope by the companies - Scope includes subsea umbilicals, risers and flowlines (URF) and subsea production systems (SPS) solutions for an expansion of the existing subsea facilities - Offshore installation of the URF and SPS equipment will commence in 2020 and...

Venture Global LNG anuncia expansión a 60 millones de toneladas por año y amplía acuerdo de sistema de procesamiento de GNL con BHGE PR Newswire ARLINGTON, Virginia, 14 de marzo de 2019 ARLINGTON, Virginia , 14 de marzo de 2019 /PRNewswire/ -- Venture Global LNG, Inc. anuncia que ampliará el alcance de su negocio de desarrollo de GNL a 60 millones de toneladas por año (MTPA) de producción basada en la demanda de clientes. La compañía ha aumentado la magnitud de su acuerdo de suministro...

BP Awards Contracts to McDermott and BHGE for Greater Tortue Ahmeyim Natural Gas Project - BP awards BHGE and McDermott SURF and SPS equipment orders for Greater Tortue Ahmeyim (GTA) natural gas project - The companies are working together to realize efficiency, drive project synergies and enhance delivery times PR Newswire HOUSTON, March 11, 2019 HOUSTON , March 11, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) and Baker Hughes, a GE company (NYSE: BHGE) have announced today...

Baker Hughes, a GE company (NYSE: BHGE), announced it will supply turbomachinery equipment for the construction of the Golden Pass LNG export facility in Sabine Pass, Texas. The project is expected to produce around 16 million tons per year of LNG. BHGE will provide turbomachinery equipment for three LNG trains, including six gas turbines and 12 centrifugal compressors. This news comes as ExxonMobil and Qatar Petroleum announced a positive Final Investment Decision (FID) for the Golden Pass LNG...

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for January 2019 was 1,023, down 2 from the 1,025 counted in December 2018, and up 63 from the 960 counted in January 2018. The international offshore rig count for January 2019 was 241, up 7 from the 234 counted in December 2018, and up 45 from the 196 counted in January 2018. The average U.S. rig count for January 2019 was 1,065, down 13 from the 1,078 counted in December 2018, and up 128 from...

NEW YORK, Jan. 28, 2019 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Lattice Semiconductor Corporation (NASDAQ:LSCC), Baker Hughes, a GE company (NYSE:BHGE), Steel Dynamics, Inc. (NASDAQ:STLD), HollyFrontier Corporation (NYSE:HFC), Omnicom Group Inc. (NYSE:OMC), and Ultra Clean Holdings, Inc. (NASDAQ:UCTT), including updated fundamental summaries,...

Former GE Power Systems CEO Bob Nardelli and Forbes.com political contributor Rick Ungar on the outlook for General Electric....

Investmark Advisory Group Principal Michael Lee on General Electric's efforts to turn the company around....

NEW YORK, May 07, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Jaguar Animal Health, Inc. (NASDAQ:JAGX), Dollar Tree, Inc. (NASDAQ:DLTR), WPX Energy, Inc. (NYSE:WPX), Abaxis, Inc. (NASDAQ:ABAX), Lear Corporation (NYSE:LEA), and Baker Hughes Incorporated (NYSE:BHGE), including updated fundamental summaries, consolidated fiscal reporting, and...

NEW YORK, Nov. 06, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Mosaic Company (NYSE:MOS), Baker Hughes Incorporated (NYSE:BHGE), Acelrx Pharmaceuticals, Inc. (NASDAQ:ACRX), Ciena Corporation (NYSE:CIEN), Exelon Corporation (NYSE:EXC), and SM Energy Company (NYSE:SM) including updated fundamental summaries, consolidated fiscal reporting,...

CALGARY, Alberta, Sept. 07, 2017 (GLOBE NEWSWIRE) -- Drillform Technical Services Ltd. (“Drillform”) is pleased to announce that Tom Whalen was appointed to Drillform’s Board of Directors effective September 1, 2017. Tom was President & Managing Director of Baker Hughes Canada from December 2013 to May 2016. Previously, he was Vice President of Baker’s Canadian Pressure Pumping product line. Tom started his career in the petroleum industry in oil well servicing, managing a rig fleet that...