Brokerage Jefferies tweaked the price targets of top oilfield services firms SLB, Baker Hughes, and Halliburton following their second-quarter earnings report. The brokerage noted that oilfield ...

Jefferies raised the firm’s price target on Baker Hughes (BKR) to $54 from $52 and keeps a Buy rating on the shares. The firm revised estimates ...

Baker Hughes is also investing in expanding its manufacturing site in Modon, Saudi Arabia. In addition to doubling the capacity of its workforce, the upgraded site will further support the ...

The Fifth Circuit ruled that Baker Hughes Saudi Arabia and Dynamic Industries, Inc., could be compelled to arbitration in a forum that no longer exists. In doing so, the court ruled that the ...

Baker Hughes has landed a services deal from Saudi Aramco for the state oil giant’s Marjan incremental development project off Saudi Arabia. The GE-controlled company will provide drilling ...

Oil giant Saudi Aramco and energy services company Baker Hughes have formed a 50/50 joint venture, Novel, to develop a broad range of non-metallic products for multiple applications in the energy ...

Indeed, a separate arbitration provision allowed for arbitration in Saudi Arabia. Baker Hughes Saudi Arabia Co. v. Dynamic Industries, Inc., 126 F.4th 1073 (5th Cir. Jan. 27, 2025).

Baker Hughes will supply 17 pipeline centrifugal compressors driven by state-of-the-art aeroderivative gas turbines for Aramco’s project. The new 4,000-km pipeline is vital to the Kingdom’s ...