Baker Hughes | Egypt Oil & Gas - Part 10

Baker Hughes, Air Products to Collaborate on Hydrogen Projects

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 Kingdom of Saudi A...

Petrojet, Baker Hughes Sign MoU to Maximize Cooperation

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

Baker Hughes’ US Oil Rig Count Increases in April

The number of Baker Hughes’s rotary drilling rigs operating in the United States  has increased on April 16, recording 439 rigs, with a seven-unit week-on-week jump Rigzone reported. The rig count reflects a seven-uni...

Baker Hughes, Horisont Energi Sign MoU for Carbon Storage Project

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

Egypt’s Oil Sector Expands Reliance on Digital Technology: El Molla

Minister of Petroleum and Mineral Resources, Tarek El Molla, said that Egypt’s oil sector vies to expand its reliance on digital technology in the upcoming petroleum projects and that the petroleum sector has unique c...

PAO Novatek, Nuovo Pignone Sign Agreement for CO2 Emission Reduction

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, Novatek’s statement announced. Accord...

Aramco, Baker Hughes New JV to Develop Non-Metallic Products

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

EOG Roundtable Highlights Brownfields Development Strategies 

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 duri...

Baker Hughes to Decrease Operational Costs in Egypt

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, according to the Cabin...

Baker Hughes’ Revenues Record $5.4 B in Q1 2020

Baker Hughes’s revenues reached $5.4 billion during Q1 2020, recording a 3% year-on-year (YoY) decrease from Q1 2019, according to a statement. The statement showed that orders went down by 3% YoY, estimated at $5.5 b...

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