GE


All posts for GE

Surviving the Promises of Technology

Over the years  technology  has played a heralded role in the oil and gas industry. It still does today. Pick up any trade publication and chances are you'll find at least one well-worn tribute to its importance. Yet, the fixation on hi-tech hasn't been without problems. It's even been value-destr ...

Doug Sheridan - EnergyPoint Research


Posted 4 months agoOpinion > Baker HughesBHGEAccelerating Technology +6

BHGE Launches Subsea Connect and Aptara™ TOTEX-Lite Subsea System to Unlock Value from Offshore Developments

Subsea Connect improves the economics of offshore projects and has the potential to unlock an additional 16 billion barrels of oil reserves globally Aptara™ TOTEX-lite subsea system incorporates lightweight, modular technologies designed for life of field and re-engineered to cut the total cos ...

OilVoice Press - OilVoice


Posted 10 months agoPress > BHGEBaker Hughes +2

Baker Hughes, a GE company Announces Secondary Offering of 92,000,000 Shares of Class A Common Stock and Stock Repurchase

HOUSTON & LONDON--(BUSINESS WIRE)--Nov. 13, 2018-- Baker Hughes, a GE company (NYSE:BHGE) (“BHGE” or the “Company”) announced today that General Electric Company (“GE” or the “selling stockholder”) has commenced a secondary offering (the “offering”) of 92,000,000 shares of BHGE Class A common stock ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Baker HughesGEBHGE +3

Baker Hughes, a GE company and General Electric Company Announce a Series of Long-Term Agreements to Maximize Value for Both BHGE and GE

HOUSTON & BOSTON--(BUSINESS WIRE)--Nov. 13, 2018-- Baker Hughes, a GE company (NYSE:BHGE) (“BHGE” or the “Company”) and General Electric Company (NYSE:GE) (“GE”) jointly announced today the entry into a series of long-term agreements (the “Agreements”) that amend the commercial and technological re ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Baker HughesBHGEGE +1

Baker Hughes, a GE company Announces October 2018 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Nov. 7, 2018-- Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for October 2018 was 1,017, up 13 from the 1,004 counted in September 2018, and up 66 from the 951 counted in October 2017. The international offsho ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Baker HughesBHGERig Count +4

Baker Hughes, a GE Company Declares Quarterly Dividend

HOUSTON & LONDON--(BUSINESS WIRE)--Nov. 5, 2018-- Baker Hughes, a GE company (NYSE:BHGE) announced today that the BHGE Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on November 30, 2018 to holders of record on November 16, 2018. The dividend will be fu ...

OilVoice Press - OilVoice


Posted 11 months agoPress > GEBHGEBaker Hughes +2

Baker Hughes, a GE Company Announces Third Quarter 2018 Results

Orders of $5.7 billion for the quarter, down 5% sequentially and flat year-over-year Revenue of $5.7 billion for the quarter, up 2% sequentially and up 7% year-over-year GAAP operating income of $282 million for the quarter, increased $204 million sequentially and increased $475 million yea ...

OilVoice Press - OilVoice


Posted 11 months agoPress > BHGEBaker HughesGE +2

GE Launches World’s First 6B Repowering Gas Turbine Solution

GE has an installed base of 60 6B gas turbines at various locations with the most recent installation in Cabinda, Angola LAGOS, Nigeria, September 14, 2018/ -- With this Project, GE Power Marks 40 Years of Innovation in its 6B Gas Turbine Fleet GE's Power Services Business Cont ...

OilVoice Press - OilVoice


Posted 1 year agoPress > GEgasGas Turbine +2

Baker Hughes, a GE Company Announces August 2018 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Sep. 10, 2018-- Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for August 2018 was 1,008, up 11 from the 997 counted in July 2018, and up 56 from the 952 counted in August 2017. The international offshore rig c ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Baker HughesGEBHGE +5

Baker Hughes, a GE company Declares Quarterly Dividend

HOUSTON & LONDON--(BUSINESS WIRE)--Aug. 3, 2018-- Baker Hughes, a GE company (NYSE:BHGE) announced today that the BHGE Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on August 24, 2018 to holders of record on August 14, 2018. The dividend will be funded ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Baker HughesGENYSE +2

Baker Hughes, a GE company Announces Second Quarter 2018 Results

Orders of $6.0 billion for the quarter, up 15% sequentially and up 9% year-over-year on a combined business basis* Revenue of $5.5 billion for the quarter, up 3% sequentially and up 2% year-over-year on a combined business basis GAAP operating income of $78 million for the quarter, inc ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ResultsEarningsGE +3

Baker Hughes, a GE company Reaches Agreement to Sell Natural Gas Solutions Business

LONDON & HOUSTON--(BUSINESS WIRE)--Jul. 18, 2018-- Baker Hughes, a GE company (NYSE: BHGE) today announced an agreement to sell its Natural Gas Solutions (NGS) business to two separate entities, First Reserveand Pietro Fiorentini S.p.A., for a combined value of $375 million. NGS is part of BHGE's T ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Baker HughesGEDivestment +6

Baker Hughes, a GE company Announces June 2018 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Jul. 9, 2018-- Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for June 2018 was 959, down 8 from the 967 counted in May 2018, and down 1 from the 960 counted in June 2017. The international offshore rig count f ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Baker HughesGEUnited States +4

Baker Hughes, a GE company Wins Large Scope in Equinor’s Drilling and Well Services Contract

HOUSTON & LONDON--(BUSINESS WIRE)--Jun. 18, 2018-- Baker Hughes, a GE company (NYSE: BHGE) announced today that the company was awarded an integrated well services contract to support a large proportion of Equinor's drilling and well construction activities in the Norwegian sector of the North Sea ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Baker HughesGEEquinor +6

Baker Hughes, a GE Company Announces May 2018 Rig Counts

Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for May 2018 was 967, down 11 from the 978 counted in April 2018, and up 10 from the 957 counted in May 2017. The international offshore rig count for May 2018 was 198, up 4 from the 194 counted in ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Baker HughesGERig Count +5