2014 Trade News

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04/22/14Baker Hughes and Aker Solutions Form Subsea Production Alliance
HOUSTON and OSLO, Norway, April 22, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) and Aker Solutions ASA (OSE:AKSO) have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields. The non-incorporated alliance will combine Aker Solutions' strengths in subsea production and processing systems with Baker Hughes' expertise in well completions and artificial-lift technology to deliver re... 
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04/08/14Baker Hughes Acquires Software Technology Company
Acquisition strengthens real-time digital capabilities HOUSTON, April 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today the acquisition of Perfomix, Inc., a Texas-based oilfield software technology company focused on solutions to enhance oil and gas operations' performance. Perfomix will operate as a wholly-owned subsidiary of Baker Hughes and will be integrated into the company's remote operations services organization. Perfomix offers a data and ... 
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03/25/14CGG and Baker Hughes Sign Exclusive Long-term RoqSCAN Agreement as Part of Shale Science Alliance
HOUSTON, March 25, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has signed an exclusive agreement with CGG (NYSE/Euronext: CGG) for RoqSCAN™ technology offered by CGG. RoqSCAN is a real-time, fully portable, quantitative and automated rock properties and mineralogical analyzer. Developed by Robertson, a CGG company, and Carl Zeiss Microscopy Ltd., RoqSCAN delivers highly quantitative compositional and textural mineralogical data from drilling cuttings or ... 
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03/19/14Baker Hughes and TMK to Deliver Integrated Solutions
Well Completion Solutions Designed to Mitigate Risk and Reduce Costs HOUSTON, March 19, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) one of the world's largest oilfield service companies, and TMK, one of the world's largest producers of pipes for the oil and gas industry, announced today that they have signed a letter of intent to jointly develop integrated well completion solutions. Targeted at both onshore and offshore fields, the solutions will provide turnkey well compl... 
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