GE Closes Sale of Baker Hughes Shares
As part of a deal that could net up to $3 billion, GE will lose majority control of Baker Hughes just two years after it acquired the oilfield service company.
Private Equity Fund To Acquire BHGE’s Reciprocating Compression Division
The reciprocating compression division manufactures and services compression and engine systems that are used in a variety of applications, including the transmission of natural gas across domestic and international pipelines.
Service Companies Show Pricing Power Growth
New analysis from Rystad Energy shows service companies are beginning to raise prices after seeing a significant drop following the oil price downturn. Pricing power is projected to keep rising in 2020 as the service industry sees more demand across the supply chain.
BHGE Releases Drone Service To Fight Methane Leaks
Drones will be just one of the tools that the service company uses in its drive toward net-zero carbon emissions.
Kiewit Wins EPIC Contract for Calcasieu Pass LNG Export Project
Venture Global LNG awarded the EPIC contract for its Calcasieu Pass LNG export facility to Kiewit. FID is expected in 2019, completion in 2022.
Cheniere Seeks Permit To Feed Gas To Corpus Christi LNG Train
Cheniere Energy requested issuance of the feedstock permit from FERC by 29 June. The FID for Train 3, estimated at approximately $3 billion, was announced last month. Bechtel got the green light to proceed with EPC work, subcontracting with BHGE for the gas turbines to drive compressors.
Shell/BHGE Study Paraffin Inhibitor Testing Techniques
Cold finger tests are a standard method for testing paraffin inhibitors, but there is no standard testing protocol, and sometimes different labs can see inconsistent results. Shell and BHGE studied the root causes of these issues.
McDermott, BHGE Appointed for Joint FEED Studies on Tortue/Ahmeyim Field
The two companies will collaborate to define the technology and equipment scope for an initial four-well development phase for BP’s major West African offshore gas project.
More Contracts Awarded for Mozambique’s Coral South FLNG Project
Air Products, BHGE, Norsafe, and Sofec won contracts for Eni’s Coral South FLNG project in Mozambique.
BHGE Wins Historic Services Contract for Twinza's Pasca A
Baker Hughes, a GE company, agreed to provide services and equipment for Twinza’s Pasca A field development, Papua New Guinea’s first offshore gas field.
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