Tag: Baker Hughes

Baker Hughes, whose headquarters are located in Houston, Texas, has announced the commercial release of its TerrAdapt™ adaptive drill bit, which aims to deliver dramatic improvements in drilling economics by using automation to mitigate downhole dysfunctions that cause inefficient drilling and costly tool failures.

General Electric (GE) has entered into an agreement to combine its oil and gas business with Baker Hughes to create a USD $32 B company with operations in over 120 countries.

Halliburton Company and Baker Hughes Incorporated announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction.

Baker Hughes appointed Greg Brenneman, chairman of CCMP Capital Advisors, (CCMP Capital), and W.H. "Bill" Easter III, retired chairman, president, and CEO of DCP Midstream, to its Board of Directors.