Baker Hughes by GE Oil & Gas
Making global headlines this year is the recent acquisition of Baker Hughes by GE Oil & Gas. The mega-merger has created an oilfield services giant that boasts of a ‘fullstream’ portfolio, making Baker Hughes, a GE Company (BHGE) the world’s second largest oilfield services provider.
The merged organisation has a legacy of working with almost every major NOC and IOC in the Middle East and North Africa region for about 80 years, and boasts a regional workforce of 6,000.
The company has been solving complex issues faced by its customers in the Middle East, for example by successfully enabling production in a well that had not produced since its initial completion several years ago. BHGE worked with the operator to develop a solution using its proprietary PulsFrac dynamic event modelling software and perforating services to re-complete this challenging well, getting it back online to start producing thousands of barrels of oil equivalent a day.
Highlight: BHGE is working on a multi-million dollar drilling services award from a major operator in Oman. The award includes directional drilling, measurement-while-drilling, and logging-while-drilling services, cementing BHGE’s position in the Omani market.
