PAO Novatek, a subsidiary of Novatek, has signed a cooperation agreement with Nuovo Pignone, a part of Baker Hughes Company, aiming at reducing carbon dioxide CO2 emissions.

Saudi Aramco and Baker Hughes have formed a Novel 50/50 joint venture (JV) to develop a broad range of non-metallic products for multiple applications in the energy sector.

H.E. Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, asserted the importance of developing brownfields, referring to several revival strategies that were used in Egypt. The minister remarks came during Egypt Oil & Gas (EOG) Committee’s virtual roundtable titled ‘Increasing Investments in Egypt’s Brownfields Opportunities’ on Sunday, October 18.

Tameer Nasser Director and General Manager at Baker Hughes stated that the company plans to decrease its operational costs in Egypt in line with the government’s plan to attract new investments.

Baker Hughes’s revenues reached $5.4 billion during Q1 2020, recording a 3% year on year (YoY) decrease from Q1 2019.

Oman LNG inked an Engineering, Procurement and Construction (EPC) agreement with Baker Hughes, for the turbo-machinery scope of the debottlenecking project.

ADES announced that it has secured its first onshore deep drilling contracts under a lump sum turnkey project in Kuwait with Baker Hughes, a GE Company.

Saudi Aramco has signed several agreements at the Future Investment Initiative conference in Riyadh.

The facility will help serve a number of industries, such as oil and gas, construction, automotive, packaging, and renewable energy.

Baker Hughes General Electric (BHGE), the world's second-largest services company, has purchased a 5% interest in the Abu Dhabi National Oil Company’s (ANDOC) drilling unit.