Baker Hughes Incorporated announced adjusted net income (a non-GAAP measure) for the third quarter of 2012 of $322 million or $0.73 per diluted share. This compares to adjusted net income of $1.18 per diluted share for the third quarter of 2011, and $1.00 per diluted share for the second quarter of 2012.
Baker Hughes Incorporated announced that Lynn L. Elsenhans, former Executive Chairman, President and Chief Executive Officer of Sunoco, Inc., has been appointed to the global oilfield service company’s Board of Directors.
Baker Hughes announced that Trey Clark will become the global oilfield service company’s Vice President of Investor Relations. Clark succeeds Adam B. Anderson who on May 29 will begin serving as Baker Hughes’ President, Latin America.
Baker Hughes Incorporated (BHI—NYSE) announced that its subsidiary has chartered a new state-of-the-art pressure pumping vessel that will provide offshore stimulation services to Maersk Oil in the North Sea.
On Feb. 29 ,2012 the Baker Hughes Dhahran Research and Technology Center opened its doors with a focus on research and development of new technologies to unlock the potential of unconventional resources.
Baker Hughes Incorporated announced adjusted net income (a non-GAAP measure) for the fourth quarter 2011 of $534 million, or $1.22 per diluted share.
Martin Craighead has assumed the role of Baker Hughes President and Chief Executive Officer. Craighead will build upon the successful seven-year tenure of Chad Deaton, who will remain Chairman of the Board of Directors.
Baker Hughes Incorporated announced adjusted net income (a non-GAAP measure) for the third quarter 2011 of $518 million, or $1.18 per diluted share.
Baker Hughes announced the opening of a new research and technology center in Rio de Janeiro designed to enable the development of technologies and solutions to unlock the full potential of deep water and pre-salt reservoirs.
Baker Hughes and Verdande Technology AS announced that a subsidiary of Baker Hughes has acquired a minority equity stake in Verdande Energy AS, a subsidiary of Verdande Technology AS, and will become a user of Verdande Technology s case-based reasoning (CBR) software platform for oil and gas applications.
