Baker Hughes and Akastor team up to offer global offshore drilling solutions
Energy technology company Baker Hughes and Akastor, a Norwegian oil-services investment company, have agreed to create a joint venture company for offering global offshore drilling solutions. The 50:50 joint venture will combine the subsea drilling systems (SDS) business of Baker Hughes with MHWirth, a wholly-owned subsidiary of Akastor. According to Baker Hughes, the joint venture […]