Baker Hughes Co - Company Profile
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Baker Hughes Co (Baker Hughes) is an energy technology company that provides energy and industrial solutions. The company's portfolio of products includes drilling equipment, subsea production systems, compressors, pipe systems, electricity generators, energy recovery and storage systems, regulators, control systems, pumps, valves and process control technologies. It also offers digital solutions such as non-destructive testing and inspection, sensor-based process measurement, plant controls and pipeline integrity solutions. It serves independent oil and natural gas companies and national or state-owned oil companies. The company has operations in the Americas, Europe, the Middle East, Africa, and Asia. Baker Hughes is headquartered in Houston, Texas, the US.
Baker Hughes Co premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Drilling Fluids | Remote Operations Services | System 1 |
Drill Bits | Field Management Services | Bently Nevada |
Completion Systems | Geoscience Services | |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Corporate Awards | In April, the company announced its collaboration with Halfaya Gas Company on a gas flaring reduction project. |
2024 | Contracts/Agreements | In April, the company entered into a contract with Snam to supply three NovaLT 12 gas turbine-driven compressor trains for a new gas compressor station in Sulmona, Italy. |
2024 | Contracts/Agreements | In April, the company secured an order from Worley to supply gas technology equipment for the third phase of Saudi Arabia’s Master Gas System project. |
Competitor Comparison
Key Parameters | Baker Hughes Co | Siemens AG | Schneider Electric SE | Honeywell International Inc | Schlumberger Ltd |
---|---|---|---|---|---|
Headquarters | United States of America | Germany | France | United States of America | United States of America |
City | Houston | Muenchen | Rueil-Malmaison | Charlotte | Houston |
State/Province | Texas | Bayern | Haute Normandie | North Carolina | Texas |
No. of Employees | 58,000 | 321,000 | 168,044 | 95,000 | 111,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Lorenzo Simonelli | Chief Executive Officer; Chairman; President | Executive Board | 2017 | 50 |
Nancy Buese | Chief Financial Officer | Senior Management | 2022 | 54 |
Jeff Fleece | Chief Information Officer | Senior Management | - | - |
Georgia Magno | Chief Legal Officer | Senior Management | 2024 | 45 |
Deanna Jones | Executive Vice President - People, communication, and Transformation | Senior Management | 2020 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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