Expansion in Oil & Gas Recent high-profile partnerships with NMDC Group, Uganda National Oil Company, and contract wins with Glenfarne Group highlight Baker Hughes' growing footprint in offshore and onshore oil and gas markets, presenting opportunities for tailored equipment and service solutions.
Sustainable Leadership Recognition Receiving the NOIA ESG Excellence Award underscores Baker Hughes' commitment to sustainability and environmental innovation, opening avenues to collaborate on green technology projects such as geothermal energy and low-emission solutions.
Technological Investments The company’s focus on advancing geothermal energy, organic Rankine cycle power plants, and upgrading facilities in Italy demonstrates a strong pipeline for innovative, technology-driven equipment sales and integration services.
Global Service Capabilities With a global presence and a diverse tech stack including SAP FICO, Pivotal Cloud Foundry, and VMware, Baker Hughes is positioned to support complex projects across various regions and energy types, enabling cross-sell of integrated technology and maintenance services.
Financial Growth Opportunities While the current revenue range is $50M to $100M, ongoing investments and recent project wins suggest substantial expansion potential for equipment, digital solutions, and service contracts in the evolving energy landscape.