Tulsa World

GE oil and gas unit to merge with Baker Hughes

OKLAHOMA CITY — General Electric’s oil and gas business and Baker Hughes Inc. have agreed to merge in a deal that would combine GE’s technology and research with Baker Hughes’ oil field services ...
Business Wire

Overview of GE Oil & Gas, Historical Financial Details and Supplemental Information on the Proposed Baker Hughes and GE Oil and Gas Transaction Made Available on Baker Hughes ...

HOUSTON--(BUSINESS WIRE)--Baker Hughes (NYSE: BHI) today announced that it has posted a link on its investor website (www.bakerhughes.com/investor) to supplemental ...
Tulsa World

Baker Hughes, GE oil and gas business complete merger

General Electric’s new oilfield services behemoth is poised to capitalize on a recovery from the worst crude crash in a generation — except no one is sure when that will actually happen. The merger of ...
Seeking Alpha

General Electric: I Too Still Believe In The Oil (And Gas) Business

The results of the Oil and Gas segment have not been impressive for awhile now, but I will explain why investors should not be concerned. Similar to the Aviation segment, the Oil and Gas segment will ...
Rigzone

GE Oil & Gas technology Selected by PDO to Up Production

For more efficient extraction of gas from depleted wells in four of its gas fields, Petroleum Development Oman has turned to advanced, high-pressure compression technology from GE Oil & Gas. For more ...
Rigzone

GE's Chief Technology Officer Says Standardization is Key to Survival

GE's CTO Kishore Sundararajan discusses how technology can help shape more efficient operations and develop opportunities for a new workforce. When it comes to the oil and gas industry’s most recent ...
SFGate

With Oil and Gas Down, Why Is General Electric Eyeing Halliburton's Drilling Unit?

There's been a lot going on for General Electric (NYSE: GE) this year, but not much of it has been going on in its oil and gas unit. For the past several quarters, oil and gas prices have been a thorn ...
The Norman Transcript

Norman on GE shortlist

A $110 million Global Research Center being built in Oklahoma by General Electric (NYSE: GE) could land in Norman, economic leaders confirmed April 4. “There are several locations in the metro that ...
Power Engineering

GE to reorganize Energy business; Krenicki to leave company

GE has announced that it will reorganize its Energy business into three standalone businesses effective in the fourth quarter of 2012. The Energy headquarters organizational layer will be phased out ...
Upstream

PDO steps up with GE Oil & Gas

Petroleum Development Oman (PDO) has handed GE Oil & Gas a $250 million compressor supply job as the Oman state-run player works to boost output from its gas fields. Under the multi-year, ...
Reuters

GE shuffle signals growing importance of oil & gas unit

(Reuters) - General Electric Co's decision to name rising star Lorenzo Simonelli to head its oil and gas equipment business signals just how important energy has become to the conglomerate as it ...