We are at a pivotal juncture in our journey to net-zero. It is time to not just navigate change, but to energize change, together. Watch as Chairman & CEO, Lorenzo Simonelli, opens the Baker Hughes Annual Meeting 2024 with a collective call to action to create the systemic change that is needed to address the trilemma of security, sustainability, and affordability. Learn more about the event at https://lnkd.in/gvAVcSDb #BHAM2024 #WeAreBakerHughes #EnergizingChange #Energy #EnergyForward #Innovation #Sustainability
Baker Hughes
Oil and Gas
Houston, Texas 2,432,426 followers
We take energy forward – making it safer, cleaner, and more efficient for people and the planet.
About us
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. For more than a century, our inventions have revolutionized energy. We harness the power of engineering, data, and science to redefine what's possible. Our diverse portfolio of equipment and service capabilities span the energy and industrial value chain. Our two operating segments, Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET), are organized based on the nature of our markets and customers, and consist of similar products and services. Visit us at bakerhughes.com to learn more.
- Website
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http://www.bakerhughes.com
External link for Baker Hughes
- Industry
- Oil and Gas
- Company size
- 10,001+ employees
- Headquarters
- Houston, Texas
- Type
- Public Company
- Specialties
- Energy technology, Oilfield services and equipment, Liquified natural gas (LNG), Turbomachinery and process solutions, Industrial asset management, Subsea production, Emissions management, Decarbonization solutions, Hydrogen energy, Geothermal energy, Carbon capture, utilization, and storage, Additive manufacturing, Clean, integrated power, Non-metallic solutions, Remote operations, Measurement and sensing, Digital, AI, Asset Performance Management (APM), Energy Transition, and Sustainable energy technology
Locations
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Primary
17021 Aldine Westfield
Houston, Texas 77073, US
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245 Hammersmith Road
London, W6 8PW, GB
Employees at Baker Hughes
Updates
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Did you know we have inspected over 2 million Kms of pipelines around the world? As we continue to celebrate and support our home countries throughout the remainder of the Olympics, we're giving you another opportunity to test your knowledge 👇 Hint: the Olympic standardized marathon distance is 42.195 Kms, or 26 miles and 385 yards. #Olympics2024 #PipelineInspection #Olympics #Pipeline #OilandGas
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Check out our latest Energy Forward Stories newsletter, now available here👇. Through our people, we're harnessing the power of engineering, data, and science to redefine what is possible. Subscribe and discover the latest innovations and people shaping the future of energy technology. #LinkedInNewsletter #WeAreBakerHughes #BHStories #BakerHughes
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Successful production automation requires more than just a dashboard. It takes a balance of technology, change management, and process optimization. As we continue to energize change across industry, we’re helping customers harness all three to unleash their production potential. Check out this World Oil webinar: https://lnkd.in/g-2bkxaQ to learn how our Leucipa™ automated field production solution provided Repsol with the right tools to standardize engineering processes, automate asset optimization and forecasting, and drive internal user adoption to achieve double-digit efficiency gains. #RepsolDigital #OilandGas #OilandGasIndustry #Production
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We're excited to announce that we've been named the top-performing company in Houston by the Houston Chronicle, achieving the No. 1 spot on the 'Chronicle 100' list for 2024. The Chronicle 100 is a prestigious scorecard of Houston's leading businesses based on on revenue, revenue growth, earnings per share growth, and total return on stock, including dividends. This recognition comes after an impressive year for our team, where we delivered $25.5 billion in revenue in total year 2023, marking a 21% increase. It's not only a testament to the strength of our strategic vision and innovative portfolio, but also to our positioning as a partner of choice for our customers. Thank you to our incredible team who continues to push boundaries on our journey to energize change across energy and beyond. Learn more here 🔗 https://lnkd.in/gJJzZTiP #HoustonChronicle #Chronicle100 #SustainableEnergyDevelopment #WeAreBakerHughes
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As we continue our #TechTuesdays series, let's take a trip offshore with product manager Mike Birch to dive into advancements our team is making in floating wind energy. Watch the video below to gain insights into: ✅ Cutting-edge subsea technology and high voltage AC connectors ✅ Proactive strategies for floating wind power growth ✅ Innovative subsea wet connect technology ✅ Market trends and advancements in South Korea and Taiwan 📝 Read the full article to explore more: https://lnkd.in/gEv_JDf4 #Offshore #WindEnergy #Wind #EnergizingChange #Subsea
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Determination, curiosity, and courage are the keys to success for a young female rig supervisor in Saudi Arabia. Meet Zahra Alsalman and read her story here 🔗 https://lnkd.in/gU7zdee6 #OilRig #OilandGas #OilAndGasIndustry #WeAreBakerHughes #BHStories
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Kicking-off the 2024 Olympic games, Baker Hughes style. In the lead-up to the opening of the games over the past four weeks, our local teams in France organized a series of Olympic-themed celebrations that finished with a torch relay. The torch, a universal symbol of peace and friendship, was crafted by our Machining Department and was passed between our sites as a sign of unity. The grand finale, an 'Olympic Festive Day,' saw 20 teams competing in a variety of activities. Wishing all of the athletes, and our teams and customers in France a happy and joyous Olympics 2024🚴🏊♀️⛹️♀️🏅. #Olympics #2024Olympics #France #Paris2024 #BakerHughes #WeAreBakerHughes
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Today we announced second quarter 2024 earnings results. We are very pleased with our performance as we continue to build on the momentum from last year, noting that we: ✔ Maintained strong operational performance across the company, marking the 6th consecutive quarter of meeting or exceeding the midpoint of our quarterly EBITDA guidance ✔ Booked $3.5B of orders across our Industrial & Energy Technology business segment, signifying the highest level of non-LNG equipment quarterly bookings in our company’s history ✔ Saw continued traction our Gas Tech Services business, booking to backlog three multi-year service awards that totaled $500 million, adding recurring, long-term and profitable revenue streams ✔ Demonstrated strong first-half performance in new energy, trending toward the high end of the year’s new energy guidance range of $800M to $1B, reflecting the versatility and innovation of our technologies and solutions As demands on producers and users continue to increase, we remain steadfast in our journey to propel energy, and industry, toward a more sustainable, efficient and innovative future. We are committed to taking energy forward and will continue to do so by maintaining strong financial performance, delivering on a clear strategy, and expanding our uniquely positioned portfolio. Thank you to our customers, employees and our shareholders for their continued collaboration. Read the full release here: https://lnkd.in/gwG7sCuh #Earnings #SustainableEnergyDevelopment #BakerHughes #WeAreBakerHughes
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Did you test your knowledge on our latest poll? Keep reading to find out if you answered correctly. Compressors... ✔ Move Energy: Gas fields are rarely located close to where the energy is needed, so the gas needs to be transported by pipeline or ship. Within pipelines, compression stations combat natural pressure loss and 'push' the gas to the next station. In applications where pipelines aren't practical, natural gas is compressed to cool and liquefy it for transport. ✔ Enable the hydrogen revolution: Hydrogen is typically produced at relatively low pressures (20–30 bar or lower) and must be compressed prior to transport. ✔ Make CCUS projects possible: Compression of CO2 is necessary to take carbon emissions from some of the hardest to abate industries – oil and gas, mining, cement, metals – and transport it for eventual storage. So, the correct answer is 'All of the above'. Stay tuned for more chances to challenge your wisdom! #Compressors #EmissionsReduction #LNG #OilandGas #EnergyTransition #SutainableEnergyDevelopment
Compressors are a key link in the energy value chain. They also have a role to play in the energy transition by helping to reduce emissions. But first, what is a compressor anyway? Compressors are large mechanical devices that use either rotational force or piston movement to increase the pressure acting on a gas and decrease its volume as a result. They play an important role across the entire energy value chain—increasing the efficiency of various processes and ultimately helping to reduce emissions.
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