Baker Hughes

Baker Hughes is an energy technology company primarily engaged in oilfield services, equipment and digital solutions for the oil and gas industry, while increasingly offering low‑carbon technologies such as hydrogen, carbon capture and electrification. Its core offerings span drilling and evaluation, completion and production services, turbomachinery, and digital monitoring and analytics, serving national oil companies, international oil companies and independent operators. The company targets upstream, midstream and industrial energy customers globally, positioning itself as a provider of integrated hardware, services and software across the energy value chain. Operating in the oilfield services and energy technology sector, Baker Hughes is a major global player alongside peers such as Schlumberger and Halliburton. The firm traces its corporate formation to the 1987 merger of Baker International and Hughes Tool Company, with heritage dating to the early 20th century, and is headquartered in Houston, Texas with operations worldwide. It is publicly traded (NYSE: BKR) and reports tens of thousands of employees and annual revenues in the low tens of billions USD. Notable corporate moves include the 2017 combination with GE’s oil and gas business and subsequent restructuring of that ownership; more recently the company emphasizes growth in low‑carbon solutions, strategic partnerships and digital offerings, supporting a broad global customer base and ongoing geographic and technology expansion.