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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.
Officials ordered evacuations in the area surrounding the Hughes Fire on Wednesday morning, located near Castaic Lake in Los Angeles County.
Dresser's packer was one of many available on the market, and it was another invention that saw a substantial expansion of the company. A flexible coupling, the Dresser Joint, that he built in 1885 to join pipes together in such a way that they would not leak natural gas. This coupling also used rubber for a tight fit, and it was so successful ...
The fire began following a leak in the propane deasphalting unit and spread quickly, in part because of the rapid collapse of a major pipe rack carrying flammable hydrocarbons. Some of the rack's support columns had not been fireproofed. [163] April 27, 2008 - A fire broke out at a tank battery in Ward County. [164]
An evacuation order has been lifted after a lithium-ion battery fire broke out at a power plant facility in Central California Thursday night, officials said Friday. “In an abundance of caution ...
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Baker Hughes (NYS: BHI) carries $7.5 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
BJ Services in 2017 began operating as an independent joint venture after Baker Hughes sold a 53.3 percent stake in the hydraulic fracturing and cementing business to private equity firm CSL Capital Management and Goldman Sachs’ West Street Energy Partners for $325 million. [6] On 20 July 2020, BJ Services filed Chapter 11 bankruptcy. [7]