Both firms were roped in by the Iraqi government to help reduce gas flaring. which the oil ministry hopes to snuff out by 2021.
Read More »Baker Hughes to Pay $550 Million for 5 Percent Stake in Adnoc
Baker Hughes is working across the region including in Saudi Arabia and Egypt’s supergiant Zohr gasfield in the Mediterranean.
Read More »Saudi Aramco Awards Baker Hughes Services Contract for Marjan Field
The oilfield is one of the three major offshore expansion projects in Saudi Arabia.
Read More »Oil Price Rise on Iran Sanctions but Set for Weekly Decline
In the latest round of levies. China said it would impose additional tariffs of 25 percent on $16 billion worth of U.S. imports.
Read More »Iraq Plans to Cooperate with Baker Hughes. GE
It is the second contract signed by Iraq to process gas associated with oil. after one with U.S. energy firm Orion in January.
Read More »GE Unveil World`s most Powerful Wind Turbine
GE plans to supply its first turbine for demonstration in 2019 and ship the first units in 2021.
Read More »US will Help Set Up First Renewable Energy Institute
The US will also consider assisting Pakistan in framing the National Energy Policy and National Electricity Plan.
Read More »Rise of Renewables Investments in Gulf States
Saudi Arabia may have some of the most untapped solar potential of any place on Earth.
Read More »Technology. a Pivot for Baker Hughes as GE Mulls Exit Options
The technology focus is expected to continue for the company. which has plans for launches this year.
Read More »Troubled GE Slashes 12.000 Energy Jobs
GE shares were up 0.5 percent in premarket trade. However. the company’s shares have sunk 44 percent this year.
Read More »