Baker Hughes to absorb GE’s oil and gas business
Published: Thursday, 03 November 2016
Following its failed merger with Halliburton earlier this year, Baker Hughes has now signed an agreement with GE Oil & Gas to combine with the company’s energy business in order to create a leading global oilfield technology provider.
Oilfield services provider Baker Hughes Inc. has entered
into an agreement with GE Oil & Gas to combine
GE’s oil and gas business with Baker Hughes to
create a world-leading oilfield technology provider.
The new Baker Hughes company is expected to be a leading
equipment, technology and services provider...