BKR - Conference and earnings call announcements

Glenfarne Group, LLC subsidiary Glenfarne Alaska LNG, LLC ("Glenfarne"), majority owner and developer of the Alaska LNG Project, today announced a series of major advances that move Phase One of the Alaska LNG Project from development into early execution – focused on rapidly delivering reliable, affordable natural gas to Alaskans. Glenfarne Chief Executive Officer and Founder Brendan Duval said, "This is about progressing from planning to building. By aligning construction, pipe supply, gas supply, and in-state customers, we are advancing Alaska LNG in a concrete way that is practical, financeable, and focused on delivering real benefits to Alaskans. Glenfarne and the many companies invo

Register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies at www.enercomdenver.com  Limited presentation opportunities remain for E&P, Midstream, OFS, Energy Transition, Nuclear and Emerging Technology companies Sponsorship opportunities are available for companies seeking to increase marketplace and brand awareness through EnerCom's multi-channel approach before, during, and after the event DENVER, June 19, 2025 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that Ron Gusek, CEO of Liberty Energy and Amerino Gatti, Executive Vice President of Oilfield Services & Equipment for Baker Hughes have been confirmed as keynot

Energy technology company Baker Hughes (NASDAQ:BKR) is collaborating with C3 AI (NYSE:AI), Accenture (NYSE:ACN) and Microsoft on industrial asset management (IAM) solutions for clients in the energy and industrial sectors. The collaboration will focus on creating and deploying Baker Hughes IAM solutions that use digital technologies to help improve the safety, efficiency, and emissions profile of industrial machines, field equipment, and other physical assets. Applying their individual strengths, the four companies will collaborate on Baker Hughes IAM capabilities that help optimize plant equipment, operational processes, and business operations through improved uptime, increased operation

Energy technology company Baker Hughes (BKR: NYSE) and Shell Global Solutions BV (Shell) have signed a broad strategic collaboration agreement to accelerate the global energy transition by helping each other achieve their respective commitments for net-zero carbon emissions and advancing solutions to decarbonize energy and industrial sectors. The memorandum of understanding (MoU) intends to build on the existing relationship between Shell and Baker Hughes in key areas: Shell will initially provide selected Baker Hughes U.S. sites with power and renewable energy credits and the companies will negotiate renewable power for Baker Hughes' sites in Europe and Singapore. Shell and Baker Hugh

Orders of $4.5 billion for the quarter, down 12% sequentially and down 18% year-over-year. Revenue of $4.8 billion for the quarter, down 13% sequentially and down 12% year-over-year. GAAP operating income of $164 million for the quarter, down 10% sequentially and favorable year-over-year. Adjusted operating income (a non-GAAP measure) of $270 million for the quarter was down 42% sequentially and up 13% year-over-year. Adjusted EBITDA* (a non-GAAP measure) of $562 million for the quarter was down 27% sequentially and down 5% year-over-year. GAAP loss per share of $(0.61) for the quarter which included $0.73 per share of adjusting items. Adjusted earnings per share (a non-GAAP mea

OSLO, Norway, March 2, 2021 /PRNewswire/ -- Reference is made to the stock exchange release from earlier today whereby Baker Hughes (NYSE:BKR) and Akastor ASA (Oslo:AKAST) announced an agreement to create a joint venture that will bring together Baker Hughes' Subsea Drilling Systems business with Akastor's wholly owned subsidiary, MHWirth AS. Attached hereto is the presentation to be used in the investor conference to be held as a webcast only on Tuesday March 2, 2021 at 14:00 CET (link to webcast below). Live webcast and replay link: https://channel.royalcast.com/landingpage/hegnarmedia/20210302_2/ For further information, please contact:Øyvind PaaskeChief Financial OfficerTel: +47 917 59 7

HOUSTON and FORNEBU, Norway, March 2, 2021 /PRNewswire/ -- Baker Hughes (NYSE:BKR) and Akastor ASA (Oslo:AKAST) have announced an agreement to create a joint venture company (Company) that will bring together Baker Hughes' Subsea Drilling Systems (SDS) business with Akastor's wholly owned subsidiary, MHWirth AS (MHWirth). The Company will deliver a global full-service offshore drilling equipment offering that will provide customers with a broad portfolio of products and services. The transaction will result in a leading equipment provider with integrated delivery capabilities, financial strength, and flexibility to address a full range of customer priorities. The Company will be owned 50-50

HOUSTON & FORNEBU, Norway--(BUSINESS WIRE)--Baker Hughes (NYSE:BKR) and Akastor ASA (Oslo:AKAST) have announced an agreement to create a joint venture company (Company) that will bring together Baker Hughes’ Subsea Drilling Systems (SDS) business with Akastor’s wholly owned subsidiary, MHWirth AS (MHWirth). The Company will deliver a global full-service offshore drilling equipment offering that will provide customers with a broad portfolio of products and services. The transaction will result in a leading equipment provider with integrated delivery capabilities, financial strength, and flexibility to address a full range of customer priorities. The Company will be owned 50-50 by

LONDON & HOUSTON--(BUSINESS WIRE)--Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results today for the fourth quarter and total year 2020.   Three Months Ended   Variance (in millions except per share amounts) December 31, 2020 September 30, 2020 December 31, 2019   Sequential Year-over- year Orders $ 5,188   $ 5,106   $ 6,944     2% (25)% Revenue 5,495   5,049   6,347     9% (13)% Operating income (loss) 182   (49)   331     F (45)% Adjusted operating income (non-GAAP) 462   234   546