BHGE, GE Oil & Gas complete combination
14 July 2017
Baker Hughes, a GE company (BHGE) announced that the transaction combining GE’s oil and gas business with Baker Hughes is complete. The new company is the first and only to bring together industry-leading equipment, services and digital solutions across the entire spectrum of oil and gas development.
BHGE will help its customers acquire, transport and refine hydrocarbons more efficiently, productively and safely, with a smaller environmental footprint and at lower cost per barrel.
The integration of the Russian businesses will be completed upon receipt of Russian regulatory approval.
BHGE’s global organization is designed to achieve business continuity, minimize disruption and meet and exceed performance objectives.