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Baker Hughes Company. Baker Hughes Company is an American energy company based in Houston, Texas. As one of the world's largest oil field services companies, it provides products and services for oil well drilling, formation evaluation, completion, production, and reservoir consulting.
CEO, Baker Hughes. Term. February 2017-. Predecessor. Martin Craighead. Board member of. Chairman of the U.S.-Russia Business Council . Board member of CNH Industrial and C3.ai. Lorenzo Simonelli is the Chairman, President and Chief Executive Officer of Baker Hughes, an energy technology company.
GaffneyCline. GaffneyCline is a global consultancy in the energy sector, providing techno-commercial advice to clients that include energy producers, financial institutions, governments, etc. GaffneyCline is an independent wholly-owned subsidiary of Baker Hughes . One of the notable functions of GaffneyCline, along with similar petroleum ...
International Website. Baker Tilly International is a consulting and public accounting firm. It is currently the 9th largest accounting network in the world by revenue with 43,000 people in 700 offices across 141 territories with combined global revenues of $5.2bn. [1] Baker Tilly operates geographically through four regions: Asia Pacific ...
Baker Hughes (NYS: BHI) carries $7.4 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
In May 2017, GE Oil & Gas was combined with Baker Hughes Incorporated to create Baker Hughes, a GE company (BHGE), a new tier-1 business inside the parent group. In June 2017, GE Energy Connections merged again with GE Power & Water, to become the present GE Power. The new combined business unit is led by Scott Strazik.
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry.In July 2017, this division was merged with Baker Hughes.. The division supplied equipment for the petroleum industry including drilling, subsea and offshore, onshore, LNG, distributed gas, oil pipeline and oil storage, oil refinery and petrochemical.
On July 3, 2017, the transaction was completed and Baker Hughes became a GE company and was renamed Baker Hughes, a GE Company (BHGE). In November 2018, GE reduced its stake in Baker Hughes to 50.4%. On October 18, 2019, GE reduced its stake to 36.8% and the company was renamed back to Baker Hughes.