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GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry.In July 2017, this division was merged with Baker Hughes. [1]The division supplied equipment for the petroleum industry including drilling, subsea and offshore, onshore, LNG, distributed gas, oil pipeline and oil storage, oil refinery and petrochemical.
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.
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GE Oil & Gas Focuses on Growth Regions, Customer Solutions, Technologies in Harsh Environments with New Deals, Product Launches New Joint Venture in Angola to Unlock Subsea Potential New ...
GE Signs Record Contract of Nearly US$1.1 Billion with Petrobras World's Biggest Contract in Subsea Wellhead Production Pact Strengthens Partnership Between the Two Companies Boosts Development of ...
On the surface, General Electric's announcement that it will buy Lufkin Industries just appears to be a manufacturing giant picking up an oilfield services manufacturing specialist. If you dig ...
Also in 2007, GE Oil & Gas acquired Vetco Gray for $1.9 billion, [73] [74] followed by the acquisition of Hydril Pressure & Control in 2008 for $1.1 billion. [75] [76] GE Plastics was sold in 2008 to SABIC (Saudi Arabia Basic Industries Corporation). In May 2008, GE announced it was exploring options for divesting the bulk of its consumer and ...
GE Power Systems was a division of General Electric operating as supplier of power generation technology, energy services and energy management and also included oil and gas, distributed power and energy rental related solutions. [2]