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Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK.As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications.
On April 28, 2010, the company was bought by Baker Hughes in a $5.5 billion stock and cash deal. Greenhill & Co. advised on the transaction. [2] In December 2016, it was announced that Baker Hughes would be dividing off its North America Land Pressure Pumping division to form a new independent BJ Services Company. [3]
Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
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High oil price is likely to have aided Baker Hughes' (BKR) oilfield service business in Q2. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ...
Western Atlas was an oilfield services company formed in 1987 through the merger of Western Geophysical (owned by Litton Industries) and Dresser Atlas. [1] The resulting company was a joint venture of Litton and Dresser Industries until it was spun off as a publicly traded company in 1994.
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