Baker Hughes has completed its Subsea Drilling Systems business (SDS) merger with Akastor ASA’s subsidiary MHWirth AS (MHWirth), forming a global offshore drilling equipment company called HMH.

Bently Nevada, a Baker Hughes business, has finalized a strategic framework alliance agreement with Saudi Basic Industries Corporation (SABIC) to supply asset performance management services.

Baker Hughes, LYTT announced that they will work together to implement the digital transformation of the oil and gas sector through applying distributed sensor networks within the wellbore. These networks will help provide experts with the data that they need to enhance productivity on the oil and gas fields. 

Baker Hughes company and C3 AI company announced that they have successfully deployed BHC3 Production Optimization enterprise AI application at MEG Energy, based energy company, to improve operational efficiency, productivity and to monitor risks visually across the company’s upstream production operations.

Baker Hughes announced that it has signed a memorandum of understanding (MoU) with Borg Co2 to collaborate on developing a carbon capture and storage project to serve as a hub for the decarbonization of industrial sites in the Viken region of Norway.

Baker Hughes company announced that it will collaborate with Air products company, a global leader in industrial gases and megaproject development on developing NEOM carbon-free hydrogen project in Saudi Arabia by providing advanced compression technology.

Minister of Petroleum and Mineral Resources, Tarek El Molla, has witneesed the signature of a memorandum of understanding (MoU) between companies Petrojet and Baker Hughes for maximizing their cooperation in the fields of projects design and implementation.

The number of Baker Hughes’s rotary drilling rigs operating in the US has increased on April 16, recording 439 rigs.

Baker Hughes Company announced that it has signed a memorandum of understanding (MoU) with Horisont Energi company for the Polaris carbon storage project off the northern coast of Norway.

Minister of Petroleum and Mineral Resources, Tarek El Molla, said that Egypt’s oil sector is  currently working on expanding its reliance on the digital technology in the upcoming petroleum projects and that the petroleum sector has unique chances for international partnerships in projects based on modern technology.