Baker Hughes Declares Increased Quarterly DividendHOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR) announced today that the Baker Hughes Board of Directors declared an increased quarterly cash dividend of $0.23 per share of Class A common stock payable on Feb. 21, 2025, to holders of record on Feb. 11, 2025.
Baker Hughes Secures Significant Gas Technology Order for Third Expansion Phase of Aramco's Jafurah Gas FieldHOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, announced Thursday it has been awarded an order by Tecnicas Reunidas for six gas compression trains and six propane compressors, for the third expansion phase of Aramco’s Jafurah gas field, located in the Kingdom of Saudi Arabia. The order was booked in the fourth quarter of 2024.
Baker Hughes Announces Major Gas Technology Orders for Venture Global LNGHOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, announced Thursday that it has been awarded a major contract to provide a modularized liquefied natural gas (LNG) system and power island to support Venture Global (VG) LNG projects in the United States. In addition, Baker Hughes signed a multi-year services frame agreement, including maintenance, inspection, repairs and engineering services, to support phases 1 and 2 of VG’s Plaquemines LNG project in Louisiana. The equipment order and services agreement were both secured in the fourth quarter of 2024.
Baker Hughes Secures Liquefaction Equipment Order for Woodside Louisiana LNGHOUSTON and LONDON, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, announced Monday an order from Bechtel Energy Inc. (Bechtel) to supply gas technology equipment for two liquefaction plants with a total capacity of approximately 11 MTPA for Phase 1 of Woodside Energy Group Ltd’s (ASX: WDS; NYSE: WDS) (Woodside) Louisiana LNG development opportunity. The order marks a significant milestone as Woodside targets final investment decision (FID) readiness from the first quarter of 2025.
Baker Hughes Announces Dates for Fourth-quarter and Full-year 2024 Earnings Release and WebcastHOUSTON and LONDON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR) will announce the results of the fourth quarter and full year ending Dec. 31, 2024, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Thursday, Jan. 30, 2025. A webcast to discuss the results will be held Friday, Jan. 31, 2025, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time).
Baker Hughes Expands Namibian Presence with Liquid Mud Plant, Cement Bulk and Multi-Modal FacilitiesWALVIS BAY, Namibia, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, announced Thursday the opening of its new liquid mud plant, cement bulk facility and integrated multi-modal facility to support Namibia’s burgeoning energy industry and increase localization opportunities.
Innovative Baker Hughes Emissions Abatement Solution Chosen to Reduce Routine Flaring at SOCAR’s Baku Oil RefineryBAKU, Azerbaijan, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, and SOCAR announced Thursday the signing of a contract for an integrated gas recovery and hydrogen sulfide (H2S) removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil Refinery in Baku, Azerbaijan. The contract was signed at COP29 in Baku, in the presence of Baker Hughes Chairman and CEO Lorenzo Simonelli and SOCAR President Rovshan Najaf.
Baker Hughes Awarded Contracts to Supply Petrobras with Flexible Pipe Systems, Associated Services across Several FieldsHOUSTON and LONDON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, announced Monday significant contracts with Petrobras to provide 77 km of flexible pipe systems to be deployed in Brazil’s pre-salt fields. The agreement was signed Oct. 15, 2024, following an open tender.
Baker Hughes Declares Quarterly DividendHOUSTON and LONDON, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.21 per share of Class A common stock payable on Nov. 14, 2024, to holders of record on Nov. 4, 2024.
Baker Hughes, Repsol to Develop Next Generation Digital Capabilities Through Leucipa™HOUSTON and LONDON, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, and Repsol, a global multi-energy company, announced Monday a new agreement to collaboratively develop and deploy next-generation artificial intelligence capabilities through the Leucipa™ automated field production solution.
Baker Hughes Lands Largest Integrated Compressor Line Order in Company’s HistoryHOUSTON and LONDON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, announced Tuesday its largest order ever of Integrated Compressor Line (ICL) units with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to enhance the reliability of energy supply and support local decarbonization efforts. The order was booked in the third quarter of 2024.
Baker Hughes Launches CarbonEdge™, a Digital End-to-End Solution to Mitigate Risk, Optimize Operations and Streamline Reporting for CCUS ProjectsHOUSTON and LONDON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, announced Thursday the launch of CarbonEdge™, powered by Cordant™, the first end-to-end, risk-based digital platform for CCUS operations that provides comprehensive support, regulatory reporting, and operational risk management.
Baker Hughes Announces Dates for Third-quarter 2024 Earnings Release and WebcastHOUSTON and LONDON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR) will announce the results of the third quarter ending Sept. 30, 2024, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Tuesday, Oct. 22, 2024. A webcast to discuss the results will be held Wednesday, Oct. 23, 2024, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time).
Baker Hughes Announces Leadership Changes to Continue Strategic Growth and Customer SuccessHOUSTON and LONDON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Baker Hughes Company (
NASDAQBKR) (“Baker Hughes” or the “Company”) announced Tuesday several changes to its leadership team, effective by Oct. 1. These changes are designed to continue delivering Baker Hughes’ successful strategy and executing for long-term growth, meeting customer needs in the rapidly evolving energy and industrial segments.
Baker Hughes Declares Quarterly DividendHOUSTON and LONDON, July 25, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.21 per share of Class A common stock payable on Aug. 16, 2024, to holders of record on Aug. 6, 2024.
Baker Hughes Announces Dates for Second-quarter 2024 Earnings Release and WebcastHOUSTON and LONDON, June 17, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR) will announce the results of the second quarter ending June 30, 2024, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Thursday, July 25, 2024. A webcast to discuss the results will be held Friday, July 26, 2024, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time).
Baker Hughes Awarded Major Integrated Solutions Contract for Petrobras’ Offshore FieldsHOUSTON, June 10, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, announced Monday a significant order from Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil.
Baker Hughes to Support Strategic Gas Project in Algeria to Enhance Italy, Europe’s Energy SecurityALGIERS, Algeria, May 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, announced Thursday it was awarded a major contract from SONATRACH for a gas-boosting project for the Hassi R’Mel gas field in Algeria. The contract is part of a broader order awarded to a consortium between Baker Hughes and Tecnimont, part of technology and engineering group MAIRE. The signing ceremony took place in Algiers in the presence of the three company CEOs: Rachid Hachichi of SONATRACH, Lorenzo Simonelli of Baker Hughes, and Alessandro Bernini of MAIRE, as well as H.E. Mohamed Arkab, Minister of Energy & Mines.
3 Trend-Following Entries for Income InvestorsEnergy is a hot market, and oilfield services are among the best long-term plays for value-conscious income investors with a buy-and-hold approach.
Baker Hughes Declares Quarterly DividendHOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.21 per share of Class A common stock payable on May 16, 2024, to holders of record on May 6, 2024.
Baker Hughes Awarded Significant Gas Technology Scope for Phase 3 of Saudi Arabia’s Master Gas SystemHOUSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (
NASDAQBKR), an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment for the third phase of Saudi Arabia’s Master Gas System project. The award was booked in the first quarter of 2024.
