Strict capital discipline among upstream energy companies is reducing the demand for oilfield services, resulting in a pessimistic forecast for the Zacks Oil and Gas- Field Services industry. The ...
Exxon Mobil's profitable upstream activity is supporting strong oilfield services demand, with Halliburton, Baker Hughes and Oceaneering set to benefit.
Oilfield services giant Baker Hughes swooped in and bought Chart Industries for $13.6 billion on July 29, outbidding and canceling a planned merger of equals between Chart and Flowserve that was ...
Baker Hughes has secured a multi-year contract with Kuwait Oil Company (KOC) to deploy advanced artificial lift technologies across Kuwait's oil and gas fields ...
US contracting giant Baker Hughes has signed an agreement to sell its oilfield services business in Russia (OFS Russia) to its local management team. The agreement follows Baker Hughes’ previously ...
Baker Hughes performed above analyst expectations on its revenue and earnings per share for the third quarter thanks to a strong performance in its gas technology segment, even as its oilfield ...
(Reuters) -U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Thursday, as robust demand for natural gas equipment and services helped offset weak sales ...
Baker Hughes, Halliburton and SLB move into sector by supplying power generation, cooling technology and expertise ...
Baker Hughes Company (BKR), with headquarters in Houston, Texas, is a leading energy technology provider worldwide. Operating in several countries, the company serves upstream, midstream, downstream, ...
Baker Hughes logged lower profit in its latest quarter as sales in its oilfield services and equipment segment slid. The energy technology company posted a profit of $609 million, or 61 cents a share, ...
SAN FRANCISCO, Nov 4 (Reuters) - Rig contractor Transocean Ltd and oilfield services firm Baker Hughes Inc posted sharp drops in quarterly profit on Wednesday as their industry recovers slowly from ...