Simonelli

Baker Hughes Touts LNG Growth but U.S. E&P Business Seen Deteriorating into 2020

Baker Hughes Co., unleashed from General Electric, reported solid growth in the third quarter, lifted by growth in liquefied natural gas (LNG) services, with more to come in 2020, CEO Lorenzo Simonelli said.

October 30, 2019
BHGE Secures Nearly $7B in Orders, Driven by Oilfield, Turbo

BHGE Secures Nearly $7B in Orders, Driven by Oilfield, Turbo

Baker Hughes, a GE company (BHGE), now a standalone entity, began to rebuild its backlog and switch into growth mode during the fourth quarter, delivering nearly $7 billion in equipment orders, the most for any period in almost three years.

February 1, 2019
BHGE Rebuilds Backlog, Sees LNG Projects Sanctioned ‘Faster than Expected’

BHGE Rebuilds Backlog, Sees LNG Projects Sanctioned ‘Faster than Expected’

In its first full year as a combined company, Baker Hughes, a GE company (BHGE) began to rebuild its backlog and switch into growth mode, delivering nearly $7 billion in equipment orders during the fourth quarter, the most for any period in almost three years.

January 31, 2019