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Baker Hughes
Baker Hughes is an energy technology company that provides oilfield services and equipment, as well as industrial and energy technology solutions. Its products include turbomachinery, compressors, gas turbines, LNG equipment, and related services for energy and industrial customers.
Recent Activity
Updated Oct 31, 2026
–Baker Hughes reported third-quarter 2026 orders of $10.8 billion, including $5.9 billion of IET orders, and remaining performance obligations of $46.4 billion, including a record $39.4 billion in IET.
–A major U.S. technology company selected Baker Hughes' power generation and cooling solutions to scale high-density AI compute, in an integrated order providing approximately 1.1 gigawatts of power that includes turbines, generators and gearboxes.
–Baker Hughes is among the firms, alongside McDermott and Halliburton, gaining work as Eni awarded $1.8 billion in contracts to start development of the Cronos gas field offshore Cyprus.
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