|
gptkbp:instance_of
|
gptkb:oil_and_gas_industry
gptkb:Company
|
|
gptkbp:acquired
|
gptkb:Baker_Hughes_Incorporated
various companies
|
|
gptkbp:acquired_by
|
gptkb:Halliburton
gptkb:General_Electric
gptkb:GE_Oil_&_Gas
|
|
gptkbp:acquisition
|
gptkb:Gaffney,_Cline_&_Associates
gptkb:Baker_Hughes_Pressure_Pumping
gptkb:Roxar_AS
gptkb:BJ_Services
gptkb:Baker_Hughes_Cybersecurity_Services
gptkb:Baker_Hughes_Logistics_Services
gptkb:Baker_Hughes_Production_Services
gptkb:Baker_Hughes_Field_Services
gptkb:Baker_Hughes_Training_Services
gptkb:Baker_Hughes_Research_Services
gptkb:Sierra_Oil_and_Gas
gptkb:Baker_Hughes_Process_Solutions
gptkb:Aerojet_Rocketdyne
gptkb:Apex_International_Energy
gptkb:Baker_Hughes_AI_Solutions
gptkb:Baker_Hughes_Artificial_Lift_Systems
gptkb:Baker_Hughes_Automation_Solutions
gptkb:Baker_Hughes_Blockchain_Solutions
gptkb:Baker_Hughes_Carbon_Capture_Solutions
gptkb:Baker_Hughes_Cloud_Solutions
gptkb:Baker_Hughes_Data_Analytics
gptkb:Baker_Hughes_Energy_Management_Solutions
gptkb:Baker_Hughes_Energy_Transition_Solutions
gptkb:Baker_Hughes_Hydrogen_Solutions
gptkb:Baker_Hughes_Integrated_Operations
gptkb:Baker_Hughes_Renewable_Energy_Solutions
gptkb:Baker_Hughes_Reservoir_Consulting
gptkb:Baker_Hughes_Robotics_Solutions
gptkb:Baker_Hughes_Smart_Solutions
gptkb:Baker_Hughes_Subsea_Systems
gptkb:Baker_Hughes_Supply_Chain_Solutions
gptkb:Baker_Hughes_Sustainability_Solutions
gptkb:Novus_Energy
gptkb:BJ_Services_Company
gptkb:Baker_Hughes_Artificial_Intelligence_Solutions
gptkb:Baker_Hughes_Consulting_Solutions
gptkb:Baker_Hughes_Exploration_Services
gptkb:Baker_Hughes_Innovation_Solutions
gptkb:Baker_Hughes_Measurement_and_Control
gptkb:Baker_Hughes_Research_and_Development_Solutions
gptkb:Baker_Hughes_Energy_Transition_Initiatives
gptkb:Sercel
gptkb:Baker_Hughes_Completion_Services
gptkb:Baker_Hughes_Energy_Services
gptkb:Baker_Hughes_Research_and_Development
gptkb:Baker_Hughes_Production_Technologies
gptkb:Baker_Hughes_Innovation_Services
gptkb:Baker_Hughes_Safety_Services
gptkb:Baker_Hughes_Supply_Chain_Services
gptkb:Baker_Hughes_Well_Services
gptkb:Baker_Hughes_Holdings_LLC
gptkb:Baker_Hughes,_a_GE_company
gptkb:Baker_Hughes_Incorporated
gptkb:Baker_Hughes_Drilling_Services
gptkb:Baker_Hughes_Oilfield_Operations
gptkb:Baker_Hughes_Information_Technology_Services
gptkb:Baker_Hughes_Artificial_Lift
gptkb:Baker_Hughes_Reservoir_Technologies
gptkb:Baker_Hughes_Pipeline_Services
gptkb:Baker_Hughes_Digital_Solutions
gptkb:Baker_Hughes_Measurement_Solutions
gptkb:Cameron_International
gptkb:GE_Oil_&_Gas
gptkb:Baker_Hughes_Drilling_Fluids
gptkb:Baker_Hughes_Oilfield_Services
gptkb:Baker_Hughes_Technology_Solutions
gptkb:Aker_Solutions
gptkb:Baker_Hughes_Digital_Technologies
gptkb:Baker_Hughes_Wellbore_Intervention
gptkb:Baker_Hughes_Completion_Technologies
gptkb:Baker_Hughes_Subsea_Technologies
gptkb:Baker_Hughes_Environmental_Services
gptkb:Novomet
gptkb:Baker_Hughes_Cybersecurity_Solutions
gptkb:Baker_Hughes_Data_Services
gptkb:Baker_Hughes_Engineering_Solutions
gptkb:Baker_Hughes_Environmental_Solutions
gptkb:Baker_Hughes_Geothermal_Solutions
gptkb:Baker_Hughes_Industrial_Services
gptkb:Baker_Hughes_Manufacturing_Services
gptkb:Baker_Hughes_Offshore_Solutions
gptkb:Baker_Hughes_Onshore_Solutions
gptkb:Baker_Hughes_Training_Solutions
gptkb:M-I_SWACO
gptkb:Cameron_International_Corporation
gptkb:Sperry_Drilling_Services
gptkb:Baker_Hughes_Drilling_Technologies
gptkb:Partnerships
gptkb:Baker_Hughes_Integrated_Solutions
gptkb:Baker_Hughes_Engineering_Services
gptkb:Baker_Hughes_Completions
gptkb:Baker_Hughes_Inteq
gptkb:Baker_Hughes_Specialty_Chemicals
gptkb:Baker_Petrolite
failed
global reach
increased market share
sustainability initiatives
cost synergies
revenue growth
enhanced customer relationships
diversification of services
innovation in energy solutions
focus on technology and innovation
$32 billion
Gulfstream Services
Averus
Intelligent Wellhead Systems
improved financial performance
operational efficiencies
focus on strategic acquisitions
Roxar
enhanced technology capabilities
broadened service offerings
strengthened supply chain
Baker Hughes Consulting Services
Baker Hughes Financial Services
Baker Hughes Project Management Services
Baker Hughes Asset Management
Baker Hughes Digital Transformation
Baker Hughes Io T Solutions
Baker Hughes Production Optimization
Baker Hughes Project Management
Baker Hughes Technology Development
Intelligent Well Solutions
$7.4 billion deal
merger with GE Oil & Gas
multiple strategic acquisitions
Baker Hughes Asset Management Services
Baker Hughes Communication Services
Baker Hughes Customer Service
Baker Hughes Human Resources Services
Baker Hughes Legal Services
Baker Hughes Marketing Services
Baker Hughes Project Management Solutions
Baker Hughes Sales Services
C3 S
increased investment in R& D
Expansion in oil and gas sector
Baker Hughes Business Solutions
Baker Hughes Data Analytics Solutions
Baker Hughes Digital Transformation Solutions
multiple acquisitions over the years
Baker Hughes and GE merger
Baker Hughes Reservoir Management
GE Oil & Gas (2017)
Baker Hughes Incorporated by GE Oil & Gas
Baker Hughes acquired by GE
acquired by GE in 2017
expansion of oil and gas services
|
|
gptkbp:acquisition_year
|
gptkb:1987
gptkb:2010
gptkb:2016
gptkb:2017
gptkb:2019
gptkb:2020
gptkb:2021
gptkb:2022
gptkb:2023
July 2017
|
|
gptkbp:advances
|
gptkb:Artificial_Intelligence
data analytics
automation solutions
advanced drilling technologies
|
|
gptkbp:awards
|
received environmental awards
received safety awards
recognized for corporate social responsibility
recognized for innovation in oilfield technology
|
|
gptkbp:ceo
|
gptkb:2013
gptkb:2015
gptkb:2017
gptkb:Lorenzo_Simonelli
gptkb:Martin_Craighead
gptkb:W._Geoffrey_Beattie
|
|
gptkbp:community_engagement
|
education initiatives
environmental stewardship
local partnerships
involvement in local communities
|
|
gptkbp:competes_with
|
gptkb:Halliburton
gptkb:Schlumberger
gptkb:Weatherford_International
|
|
gptkbp:competitors
|
gptkb:Halliburton
gptkb:Schlumberger
gptkb:National_Oilwell_Varco
gptkb:Weatherford_International
|
|
gptkbp:country
|
gptkb:USA
|
|
gptkbp:customer_base
|
energy companies
government entities
major oil and gas companies
diverse customer base
independent operators
|
|
gptkbp:development
|
advanced technology development
diverse global workforce
|
|
gptkbp:digital_transformation
|
embracing digital transformation in operations
|
|
gptkbp:divisions
|
gptkb:Baker_Hughes_Oilfield_Services
gptkb:Software_Solutions
Oilfield Services
Reservoir Development
Turbomachinery & Process Solutions
|
|
gptkbp:employees
|
approximately 60,000
approximately 70,000
approximately 55,000
60,000 (2020)
|
|
gptkbp:energy_transition
|
focus on energy transition solutions
|
|
gptkbp:environmental_impact
|
commitment to sustainability
focus on reducing environmental footprint
|
|
gptkbp:financial_performance
|
cost synergies
dividend payments
strong financial results
strong revenue growth
market share increase
|
|
gptkbp:financials
|
provides financing solutions
$20 billion revenue (2020)
provides financial services to clients
|
|
gptkbp:focus
|
innovation
technology and services for the oil and gas industry
|
|
gptkbp:focuses_on
|
oilfield services
|
|
gptkbp:founded
|
gptkb:1987
1907
|
|
gptkbp:founded_by
|
gptkb:James_A._Baker_III
|
|
gptkbp:founded_in
|
1907
|
|
gptkbp:founder
|
gptkb:James_A._Baker_III
gptkb:Howard_Hughes
|
|
gptkbp:global_presence
|
yes
over 120 countries
operates in over 120 countries
|
|
gptkbp:has_culture
|
employee development programs
commitment to diversity and inclusion
innovation-driven environment
focus on safety and ethics
|
|
gptkbp:has_diversity_initiatives
|
expansion into renewable energy
expansion into digital services
expansion into industrial applications
|
|
gptkbp:has_part
|
gptkb:Baker_Hughes,_a_GE_company
|
|
gptkbp:headcount
|
60,000
approximately 55,000
55,000 (2021)
60,000 employees
|
|
gptkbp:headquartered_in
|
gptkb:Houston
multiple locations worldwide
|
|
gptkbp:headquarters
|
gptkb:Houston,_Texas,_USA
gptkb:Houston
gptkb:Houston,_Texas
gptkb:USA
gptkb:United_States
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Baker Hughes
|
|
gptkbp:industry
|
Oil and gas
oil and gas
Oilfield services
oilfield services
|
|
gptkbp:innovation
|
gptkb:energy_transition
digital transformation
Oilfield technology
digital solutions for energy sector
|
|
gptkbp:key_people
|
gptkb:Lorenzo_Simonelli
|
|
gptkbp:leadership
|
diverse leadership team
|
|
gptkbp:market_cap
|
approximately 20 billion USD (2021)
$20 billion (2021)
$20 billion (2020)
$25 billion (2020)
$30 billion (2021)
$25 billion (2021)
$20 billion (2016)
|
|
gptkbp:market_position
|
leading position in oilfield services
|
|
gptkbp:market_segment
|
gptkb:Software_Solutions
Oilfield Services
Oilfield Equipment
Subsea Systems
oilfield services
pipeline and process services
turbo machinery
Turbomachinery & Process Solutions
|
|
gptkbp:marketed_as
|
gptkb:Baker_Hughes,_a_GE_company
|
|
gptkbp:merged_with
|
gptkb:Halliburton
gptkb:2016
gptkb:2017
gptkb:General_Electric
gptkb:GE_Oil_&_Gas
July 2017
Halliburton (proposed)
Baker Hughes and Halliburton (proposed)
|
|
gptkbp:merger_attempt
|
gptkb:Halliburton
|
|
gptkbp:merger_attempt_outcome
|
failed
|
|
gptkbp:merger_attempt_year
|
gptkb:2015
|
|
gptkbp:merger_proposal
|
gptkb:Halliburton
|
|
gptkbp:merger_proposal_outcome
|
failed
|
|
gptkbp:merger_proposal_year
|
gptkb:2014
|
|
gptkbp:net_income
|
$1.2 billion (2020)
|
|
gptkbp:new_name_after_merger
|
gptkb:Baker_Hughes,_a_GE_company
|
|
gptkbp:notable_project
|
involvement in LNG projects
involvement in deepwater projects
involvement in offshore drilling projects
involvement in shale gas projects
|
|
gptkbp:number_of_employees
|
approximately 70,000
|
|
gptkbp:offers
|
completion services
drilling services
production services
|
|
gptkbp:operates_in
|
gptkb:oil_and_gas_industry
Global market
more than 120 countries
over 120 countries
|
|
gptkbp:operating_income
|
$1.5 billion (2020)
|
|
gptkbp:parent
|
gptkb:General_Electric
|
|
gptkbp:parent_company
|
gptkb:General_Electric
|
|
gptkbp:partnership
|
gptkb:Matador_Resources_Company
gptkb:Kongsberg_Gruppen
gptkb:Range_Resources
gptkb:Earthstone_Energy
gptkb:FMC_Technologies
gptkb:RSP_Permian,_Inc.
gptkb:BHP_Billiton
gptkb:Newfield_Exploration_Company
gptkb:Occidental_Petroleum
gptkb:Suncor_Energy
gptkb:BP_plc
gptkb:SM_Energy
gptkb:Antero_Resources_Corporation
gptkb:Pioneer_Natural_Resources_Company
gptkb:Marathon_Oil_Corporation
gptkb:Chesapeake_Energy_Corporation
gptkb:Callon_Petroleum_Company
gptkb:Cimarex_Energy
gptkb:Diamondback_Energy
gptkb:Ents
gptkb:High_Point_Resources
gptkb:Whiting_Petroleum
gptkb:Noble_Energy
gptkb:Conoco_Phillips
gptkb:Cameron
gptkb:C3.ai
gptkb:Halliburton
gptkb:Schlumberger
gptkb:Marathon_Oil
gptkb:Woodside_Petroleum
gptkb:Amazon_Web_Services
gptkb:Cimarex_Energy_Co.
gptkb:Devon_Energy
gptkb:General_Electric
gptkb:IBM
gptkb:Microsoft
gptkb:Range_Resources_Corporation
gptkb:Hess_Corporation
gptkb:National_Oilwell_Varco
gptkb:Weatherford_International
gptkb:Chesapeake_Energy
gptkb:Chevron
gptkb:EOG_Resources
gptkb:EQT_Corporation
gptkb:RSP_Permian
gptkb:Cimarex_Energy_Company
gptkb:Southwestern_Energy
gptkb:Whiting_Petroleum_Corporation
gptkb:GE_Renewable_Energy
gptkb:PDC_Energy
gptkb:Devon_Energy_Corporation
gptkb:Anadarko_Petroleum_Corporation
gptkb:BP
gptkb:Cabot_Oil_&_Gas_Corporation
gptkb:Honeywell
gptkb:Shell
gptkb:Siemens
gptkb:Total_Energies
gptkb:Southwestern_Energy_Company
gptkb:Bonanza_Creek_Energy,_Inc.
gptkb:Concho_Resources
gptkb:Pioneer_Natural_Resources
gptkb:Royal_Dutch_Shell
gptkb:Apache_Corporation
gptkb:Earthstone_Energy,_Inc.
gptkb:Wood_Group
gptkb:SM_Energy_Company
gptkb:Baker_Hughes_Digital_Solutions
gptkb:Oceaneering_International
gptkb:Parsley_Energy
gptkb:Cameron_International
gptkb:GE_Oil_&_Gas
gptkb:KBR,_Inc.
gptkb:Cabot_Oil_&_Gas
gptkb:Matador_Resources
gptkb:Aker_Solutions
gptkb:Accenture
gptkb:PDC_Energy,_Inc.
gptkb:Jagged_Peak_Energy_Inc.
gptkb:Laredo_Petroleum
gptkb:Petrobras
gptkb:Technip_FMC
gptkb:High_Point_Resources_Corporation
gptkb:Lilis_Energy,_Inc.
gptkb:Jagged_Peak_Energy
gptkb:Sanchez_Energy_Corporation
gptkb:Exxon_Mobil
gptkb:Anadarko_Petroleum
gptkb:Repsol
gptkb:Newfield_Exploration
Baker Hughes and Microsoft
QEP Resources
Baker Hughes and Accenture
Baker Hughes and Amazon Web Services
Baker Hughes and IBM
Baker Hughes and Siemens
Baker Hughes and GE merger
Baker Hughes and Halliburton
|
|
gptkbp:partnership_date
|
gptkb:2014
gptkb:2019
gptkb:2020
gptkb:2021
|
|
gptkbp:partnerships
|
gptkb:GE
various energy companies
various oil companies
collaborations with universities
partnership with Microsoft
various oil and gas companies
alliances with technology firms
joint ventures in emerging markets
Baker Hughes and Microsoft
Baker Hughes and Accenture
Baker Hughes and Amazon Web Services
Baker Hughes and IBM
partnership with Baker Hughes Digital Solutions
|
|
gptkbp:post_merger_integration
|
gptkb:Baker_Hughes,_a_GE_company
|
|
gptkbp:product_line
|
gptkb:Software_Solutions
completion services
drilling services
production services
subsea systems
pressure pumping
completions
|
|
gptkbp:products
|
gptkb:Software_Solutions
gptkb:Sergeant
Completion services
Drilling services
turbomachinery
subsea systems
pressure pumping
oilfield chemicals
|
|
gptkbp:provides
|
technology solutions
|
|
gptkbp:region
|
global
|
|
gptkbp:research_and_development
|
gptkb:Artificial_Intelligence
Machine learning
Data analytics
Digital technology
Automation technology
Oil and gas technology
significant investment
digital transformation initiatives
focus on artificial intelligence
investments in technology
focus on automation
invests in technology innovation
focus on data analytics
innovation in drilling
significant investment in R& D
focus on machine learning
advancements in completion technology
focus on digital technologies
|
|
gptkbp:revenue
|
$23 billion (2020)
23.4 billion USD (2020)
$20 billion (2020)
$22 billion (2020)
$23 billion (2017)
$23.4 billion (2020)
$23 billion (2016)
$23 billion (2019)
|
|
gptkbp:safety_record
|
strong safety record
|
|
gptkbp:service_area
|
gptkb:Europe
gptkb:Middle_East
gptkb:North_America
gptkb:South_America
gptkb:Asia_Pacific
|
|
gptkbp:services
|
gptkb:Software_Solutions
Digital solutions
Completion services
Oilfield services
Production services
well construction
Oil and gas exploration
Drilling services
Subsea systems
completion services
drilling services
production services
subsea systems
Artificial lift
Oil and gas industry services
Pressure pumping
Production optimization
geophysical services
Completions
Reservoir consulting
oilfield services
completions
subsea services
reservoir consulting
turbo machinery
|
|
gptkbp:services_provided
|
gptkb:Software_Solutions
completion services
drilling services
production services
oilfield services
|
|
gptkbp:social_responsibility
|
community engagement programs
commitment to CSR initiatives
|
|
gptkbp:stock_exchange
|
gptkb:New_York_Stock_Exchange
gptkb:NYSE
gptkb:true
|
|
gptkbp:stock_symbol
|
gptkb:BKR
BHI
|
|
gptkbp:strategic_goals
|
growth and innovation
|
|
gptkbp:subsidiaries
|
gptkb:Baker_Hughes,_a_GE_company
gptkb:Baker_Hughes_Oilfield_Operations
gptkb:Baker_Hughes_Digital_Solutions
gptkb:Baker_Hughes_International
Baker Hughes Services
|
|
gptkbp:subsidiary
|
gptkb:Baker_Hughes_Production_Services
gptkb:Baker_Hughes_Australia
gptkb:Baker_Hughes_Brazil
gptkb:Baker_Hughes_Egypt
gptkb:Baker_Hughes_Middle_East
gptkb:Baker_Hughes_Norway
gptkb:Baker_Hughes_Russia
gptkb:Baker_Hughes_Completion_Services
gptkb:General_Electric
gptkb:Baker_Hughes,_a_GE_company
gptkb:Baker_Hughes_Drilling_Services
gptkb:Baker_Hughes_Oilfield_Operations
gptkb:Baker_Hughes_Process_and_Pipeline_Services
gptkb:Baker_Hughes_Artificial_Lift
gptkb:Baker_Hughes_Digital_Solutions
gptkb:Baker_Hughes_Measurement_Solutions
gptkb:Baker_Hughes_Subsea_Technologies
gptkb:Baker_Hughes_International
gptkb:Baker_Hughes_Canada
|
|
gptkbp:supply_chain
|
global supply chain management
efficient supply chain management practices
|
|
gptkbp:sustainability
|
renewable energy
energy efficiency
renewable energy solutions
investment in renewable energy
social responsibility initiatives
water management
environmental responsibility
Focus on energy efficiency
energy transition initiatives
commitment to reducing carbon emissions
carbon capture
carbon capture technology
focus on renewable energy
governance practices
focus on reducing emissions
|
|
gptkbp:sustainability_initiatives
|
gptkb:energy_transition
renewable energy
Renewable energy solutions
energy efficiency
renewable energy solutions
Carbon capture and storage
environmental stewardship
investment in renewable energy
social responsibility
water management
carbon capture and storage
community engagement programs
carbon capture
Water management solutions
carbon capture technology
focus on reducing emissions
focus on reducing carbon emissions
safety and health programs
Emissions reduction technologies
digital transformation in energy
Digital solutions for energy efficiency
|
|
gptkbp:technology
|
gptkb:Artificial_Intelligence
gptkb:Software_Solutions
pressure control
subsea systems
production optimization
advanced manufacturing
advanced drilling technologies
pressure pumping
completions
drilling systems
artificial lift systems
artificial lift
reservoir consulting
3 D printing
digital oilfield solutions
completions technology
|
|
gptkbp:title_held
|
gptkb:Baker_Hughes,_a_GE_company
|
|
gptkbp:traded_on
|
gptkb:New_York_Stock_Exchange
gptkb:NASDAQ
gptkb:NYSE
|
|
gptkbp:training_programs
|
extensive employee training programs
|
|
gptkbp:type
|
gptkb:public_company
|
|
gptkbp:type_of_business
|
gptkb:public_company
|
|
gptkbp:website
|
www.bakerhughes.com
|
|
gptkbp:bfsParent
|
gptkb:General_Electric
|
|
gptkbp:bfsLayer
|
3
|