Baker Hughes | Egypt Oil & Gas - Part 8

Petrojet, Baker Hughes Sign MoU to Maximize Cooperation

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 ...

Baker Hughes’ US Oil Rig Count Increases in April

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

Baker Hughes, Horisont Energi Sign MoU for Carbon Storage Project

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.

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 is  currently working on expanding its reliance on the digital technology in the upcoming petroleum projects and that the p ...

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.

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

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.

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 ...

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.

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.

Oman LNG, Baker Hughes Ink an EPC Agreement

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

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