Thursday, June 12, 2025
Baker Hughes awarded Equinor contract for P&A work in North Sea- oil and gas 360

Baker Hughes awarded Equinor contract for P&A work in North Sea

(World Oil) – Baker Hughes will provide Equinor plug and abandonment (P&A) services in the Oseberg East field on Norway’s continental shelf. Baker Hughes’ Mature Assets Solutions team will lead the integrated P&A campaign planning phase, as well as delivering integrated P&A services in execution across several wells in the North Sea. Baker Hughes has a history of successful integrated P&A

Baker Hughes sells PSI product line to Crane Company for $1.15 billion- oil and gas 360

Baker Hughes sells PSI product line to Crane Company for $1.15 billion

(World Oil) – Baker Hughes has reached an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company, a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15 billion. PSI, part of Baker Hughes’ Industrial & Energy Technology (IET) segment, includes the Druck, Panametrics and Reuter-Stokes brands. These brands manufacture instrumentation and

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count decreased by 4 is at 559

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 4 over last week, resulting in a total count of 559 rigs. Canada had an increase of 2 over last week, resulting in a total Canadian count of 114 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford and the Haynesville region experienced

Baker Hughes creates joint venture with Cactus for surface pressure control services- oil and gas 360

Baker Hughes creates joint venture with Cactus for surface pressure control services

(World Oil) – Baker Hughes and Cactus, a global manufacturer of pressure control equipment for oil and gas drilling, have entered a new joint venture involving Baker Hughes’ surface pressure control (SPC) product line. Cactus will own 65% of the JV, while Baker Hughes will retain a 35% stake. The joint venture will operate independently from Cactus’ existing Pressure Control

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count decreased by 3 is at 563

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 3 over last week, resulting in a total count of 563 rigs. Canada had a decrease of 2 over last week, resulting in a total Canadian count of 112 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Eagle Ford region experienced an increase

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count decreased by 10 is at 566

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 10 over last week, resulting in a total count of 566 rigs. Canada had a increase of 7 over last week, resulting in a total Canadian count of 114 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Utica region experienced an increase this

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count decreased by 2 is at 576

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 2 over last week, resulting in a total count of 576 rigs. Canada had a increase of 7 over last week, resulting in a total Canadian count of 121 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Granite Wash and Utica regions experienced

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count decreased by 6 is at 578

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 6 over last week, resulting in a total count of 578 rigs. Canada had a decrease of 6 over last week, resulting in a total Canadian count of 114 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Granite Wash region experienced an increase

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count decreased by 3 is at 584

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 3 over last week, resulting in a total count of 584 rigs. Canada had a decrease of 8 over last week, resulting in a total Canadian count of 120 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Haynesville region experienced an increase this

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count decreased by 7 is at 583

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 7 over last week, resulting in a total count of 583 rigs. Canada had a decrease of 15 over last week, resulting in a total Canadian count of 138 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Barnett, and the Haynesville regions experienced an

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count decreased by 1 is at 592

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 over last week, resulting in a total count of 592 rigs. Canada had a decrease of 17 over last week, resulting in a total Canadian count of 163 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Granite Wash, Haynesville, and Utica regions experienced

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count increased by 1 is at 593

This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 over last week, resulting in a total count of 593 rigs. Canada had a decrease of 19 over last week, resulting in a total Canadian count of 180 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford, and the Arkoma Woodford regions