Baker Hughes bags major contract from Petrobras for Buzios field operations

Baker Hughes bags major contract from Petrobras for Buzios field operations

Baker Hughes (NASDAQ: BKR), a global leader in energy technology, has been awarded a significant contract by Petrobras for integrated well construction services in the Buzios field, located offshore Brazil. This strategic collaboration marks a pivotal moment in the energy sector, emphasizing Baker Hughes’ expertise and comprehensive capabilities in well construction. The contract, set to […]

Baker Hughes to buy well intervention services provider Altus Intervention

Baker Hughes to buy well intervention services provider Altus Intervention

Baker Hughes has agreed to acquire Altus Intervention, a Norway-based provider of well intervention services and down-hole oil and gas technology, for an undisclosed price. Altus Intervention, which is said to have more than four decades of industry experience, is expected to complement the existing portfolio of oilfield technologies and integrated solutions of Baker Hughes. […]