Baker Hughes | Egypt Oil & Gas - Part 4

Baker Hughes, Petronas Enter Agreement to Support Asia’s Energy Expansion, Transition  

Baker Hughes and Petronas have signed a Memorandum of Understanding (MoU) to form a strategic partnership aimed at exploring business opportunities that could contribute to advancing Asia’s energy growth and transitio...

Baker Hughes, Cactus Sign Agreement for JV Providing Surface Pressure Control Solutions

Baker Hughes, a leading American energy technology company, announced that it entered an agreement with Cactus Inc., a U.S.-based manufacturer of pressure control equipment, to establish a joint venture (JV) that prov...

Baker Hughes Records 39.5% Emissions Intensity Reduction

Baker Hughes, an energy technology company, reported a 39.5% reduction in emissions intensity for its scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019 baseline, as outlined in its 2024 Corporate Susta...

EGPC, Baker Hughes to Partner Bolster Safety and Sustainability in Oil Sector

In a significant move to enhance safety and environmental stewardship within the Egyptian petroleum sector, the Egyptian General Petroleum Corporation (EGPC) has inked a memorandum of understanding (MoU) with global e...

Baker Hughes Revenues Amount to $6.4 B in Q1 2025

Baker Hughes announced its financial results for the Q1 2025 noting that it has achieved revenues worth $6.427 billion compared to $4.18 year-on-year (YoY). The company’s statement showed that it recorded orders of $6...

Petroleum Leaders Inspect Zohr Field’s Subsea Cable in Norway

The Vice Executive Managing Director For Production and Fields Development of Egyptian Natural Gas Holding Company (EGAS), Abdel Nasser Khafagy, Chairman of Belayim Petroleum Company (Petrobel), Khaled Mowafy, and rep...

Baker Hughes Awarded Contract to Supply Drilling Services to DPE

Baker Hughes announced that it won a multi-year contract from Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to provide integrated coiled-tubing drilling services for the com...

Baker Hughes Enters into Agreement with Petrobras to Supply SCC Solutions

Baker Hughes announced a joint technology development program with Petrobras to provide a definitive solution for stress corrosion cracking due to CO2(SCC-CO2) in flexible pipe systems. The pre-commercial agreement en...

Egypt, Global Energy Leaders Hold Talks on Field Development, Production, Investments at CERAWeek 2025

On the sidelines of CERAWeek 2025, Minister of Petroleum and Mineral Resources Karim Badawi held meetings with CEOs of international companies to discuss production and investments. In a meeting, Badawi discussed met ...

Baker Hughes, Frontier Infrastructure to Deploy Large Scale CCS Project, Power Solutions in US

Baker Hughes has partnered with Frontier Infrastructure, a Tailwater Capital portfolio company, to accelerate the deployment of the Sweetwater Carbon Storage Hub (SCS Hub) and power solutions in the US. The SCS hub, o...

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