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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.
Petrolite Corporation was an American manufacturer of chemicals. Founded in 1930 from the merger of the Tret-O-lite Company with the Petroleum Rectifying Company of California (PETRECO), [1] it was subsequently merged into Baker Hughes Incorporated in 1997. [2]
Baker Hughes has positioned itself as an energy technology company. [5] Bently Nevada remained a Baker Hughes Business after GE's sale of its interest in the company. As of 2020, Baker Hughes Company has operations in over 120 countries. Since the inception of the proximity probe, Bently Nevada has been a key company in the asset protection and ...
Afton Chemical is constructing a new manufacturing facility, expected to become operational in January 2016, to produce petroleum additives for the Asia-Pacific and Middle East markets. [ 8 ] Output for the chemicals cluster—which cover oil and gas, petrochemicals and speciality chemicals —totalled S$66.5 billion in 2005, an increase of 31 ...
Baker Hughes has an intangible assets ratio of 31%. This is above Heiserman's threshold, and you should keep a close eye on just how the company is fueling its growth.
On November 17, 2014, Halliburton and Baker Hughes jointly announced a definitive agreement under which Halliburton will, subject to the conditions set forth in the agreement, acquire Baker Hughes in a stock and cash transaction valued at $34.6 billion. A press release made available on the former's website, as at December 11, 2014 detailed the ...
Nov. 13—Chemical compounds linked to cancer were detected in five wells in the La Cienega and La Cieneguilla communities south of Santa Fe, with the likely source being a nearby National Guard ...
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]