Baker Hughes

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Baker Hughes is an American multinational company that provides solutions for oilfield services, products, technology, and systems to the global energy sector. Founded in 1907 and headquartered in Houston, Texas, the company was created through the merger of Baker International and Hughes Tool Company.
Baker Hughes operates in various segments, including oilfield services, which encompass drilling, evaluation, completion, and production services. The company also engages in the manufacture and distribution of equipment used in the extraction and production of oil and gas.
In recent years, Baker Hughes has focused on innovation and technology, emphasizing the development of advanced digital and data analytics solutions aimed at improving operational efficiency and sustainability in the energy industry. The company has also made strides toward incorporating renewable energy technologies and solutions into its business model, reflecting the broader shift in the energy sector towards cleaner and more sustainable practices.
Baker Hughes is known for its commitment to safety, environmental stewardship, and social responsibility. The company serves clients worldwide, including major oil and gas exploration and production companies, and is recognized for its significant contributions to the energy sector.
In 2017, Baker Hughes merged with GE Oil & Gas, becoming a part of General Electric’s broader industrial business. This merger aimed to leverage the strengths of both companies in providing cutting-edge technology and services in oil and gas operations. In 2020, Baker Hughes became a standalone company again after GE reduced its stake in the business.
Overall, Baker Hughes plays a critical role in the energy industry, focusing on innovation, operational excellence, and sustainability to meet the evolving needs of its clients and the global market.

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See Company Q&A