Baker Hughes

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Houston, TX
US, 77019-2118

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ADNOC and BHGE form strategic partnership to improve drilling efficiencies

ADNOC and BHGE form strategic partnership to improve drilling efficiencies

Abu Dhabi National Oil Company (ADNOC or the Group) and Baker Hughes, a GE company have signed a strategic partnership agreement, that will enable and support the growth and development of ADNOC's subsidiary, ADNOC Drilling, into a fully-integrated drilling and well construction provider. As part of the agreement, BHGE will acquire a five percent stake in ADNOC Drilling. The transaction values ADNOC Drilling at approximately $11 billion. BHGE will be the sole provider of certain proprietary leading edge and differentiated equipment and technologies related to the integrated drilling offering, supporting ADNOC Drilling's growth. Together, ADNOC and BHGE will deliver more competitive well completion times, greater drilling efficiencies and better well economics, and will capitalize on new business opportunities as ADNOC Drilling grows through its new expanded offering.

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Asset Management

Baker Hughes, SGS agree on joint deployment of corrosion management solution

Baker Hughes, SGS agree on joint deployment of corrosion management solution

SGS and Baker Hughes, a GE company, announced a Strategic Alliance Agreement (SAA) for the joint deployment and commercialization of BHGE's real-time software and sensor-based Predictive Corrosion Management (PCM) solution. Leveraging the capability of the Industrial Internet of Things (IIoT), PCM will enable asset owners to increase their ability to monitor their facilities, and detect and predict corrosion issues using real-time data powered by BHGE's ultrasonic sensing technology and advanced analytics. 

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Baker Hughes, Hoerbiger reach strategic cooperation agreement for compressor equipment and aftermarket

The negotiating partners (l–r): Linda Forese (BHGE), Alberto Rostagno (BHGE), Paolo Accai (BHGE), Jürgen Brenner (HOERBIGER), Claudio Calabrese (BHGE), and Christian Prinz (HOERBIGER). The team also included Antonio Maria Grimaldi and Simone Bassani from BHGE, as well as Harald Stehr and Peter Urszin from HOERBIGER.

Baker Hughes, a GE company, and HOERBIGER Kompressortechnik Holding GmbH, Vienna, Austria, entered into a comprehensive cooperation agreement for new equipment and the aftermarket business. The agreement has taken effect on February 1, 2018.

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Drilling & Production

Advanced fluid analysis and sampling while drilling

Advanced fluid analysis and sampling while drilling

Baker Hughes FASTrak Prism fluid analysis and sampling while drilling service uses advanced sensors and proven technology to collect and deliver reliable volumes of high-quality fluid samples and comprehensive, real-time reservoir characterization. These samples provide valuable insight into the reservoir to help operators improve efficiencies and make more informed decisions around their overall well completion and production strategy.

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Drilling & Production

Coiled tubing simulation software enables data-driven decisions

CIRCA coiled tubing simulation software from Baker Hughes enables coiled tubing service providers to maximize equipment performance and improve operational efficiency in well interventions. Based on learnings from the field and built and refined over three decades, the software allows coiled tubing providers and operators to build better job models for more predictable results. 

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