Baker Hughes Company

Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas, and London, UK, with its primary headquarters located in Houston, Texas. The company's mission is to "take energy forward, making it safer, cleaner, and more efficient for people and the planet."

Baker Hughes operates through two main business segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). The OFSE segment delivers products and services for drilling, completion, production, intervention, and subsea systems within the petroleum and geothermal industries. The IET segment provides equipment and services for mechanical drive, compression, power generation, and measurement, alongside climate-related technologies such as carbon capture, hydrogen, and emissions management. Additionally, the company offers digital solutions, including non-destructive testing, inspection, and pipeline integrity management.

Lorenzo Simonelli serves as the Chairman and CEO of Baker Hughes. The company is strategically positioned as a significant contributor to the global energy transition, with investments in emerging areas like carbon capture, hydrogen, and geothermal energy. In October 2023, Baker Hughes inaugurated its new Houston headquarters in the Energy Corridor. Recent activities in June 2026 include reporting an increase in the U.S. rig count, signaling ongoing activity in the oil and gas sector, and securing significant contracts globally, such as extending agreements with Equinor and Petrobras.