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Brief -- W&T, BHGE Partnership

W&T Offshore Inc. and Baker Hughes a GE company (BHGE), have struck a strategic partnership to more efficiently develop 14 oil and gas projects in the Gulf of Mexico. The project would consolidate BHGE engineering, products and services expertise to reduce total project costs and time to first production. The partnership is part of W&T’s joint exploration and development program among a group of investors to drill up to 14 specified projects over the next three years. No financial details were disclosed.

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