About us

We are rewriting The Energy Equation with our unique portfolio, which spans both industrial outcomes and energy sources. Our two operating segments are organized based on the nature of our markets and customers, and consist of similar products and services.

The Industrial & Energy Technology (IET) segment combines a broad array of domain expertise, technologies, and services for industrial and energy customers. Our solutions unlock the ability to transform, transfer, and transport energy efficiently, while capturing and cutting emissions, solving a fundamental challenge behind the energy transition: reducing environmental impact, while maximizing efficiency, productivity, and reliability.

The IET organization consists of five product lines which all build on Baker Hughes existing and strong foundation of rotating equipment, electric-power, pumps, valves, gears, sensor, precision instrumentation, and industrial software and hardware technologies and services:

Gas Technology Equipment: Solutions that deliver reliable gas at the highest efficiency

IET is a leader in designing, manufacturing, testing, and installing Gas Technology solutions that serve the entire gas value chain including on/offshore, pipeline, LNG, gas storage and gas distribution.

Gas Technology Services:  Solutions that provide advanced aftermarket support and uptime availability in critical environments and through every stage of customers’ equipment and plant lifecycle

IET’s portfolio includes solutions for maintaining and upgrading rotating equipment; analytics to connect customers’ assets, providing them with the data, safety, and security needed to improve operations reliably and efficiently; and genuine spare parts, system upgrades, conversion solutions, and refurbishment to improve the output from a single machine up to an entire plant.

Industrial Products: Improving industry productivity and ensuring reliable quality and safety

IET provides Industrial Products solutions that serve a broad array of industries including petrochemical & refining, nuclear, aviation, automotive, mining, cement, metals, pulp and paper, and food & beverage. The product line portfolio includes Waygate Technologies non-destructive testing technologies, software and services; Process & Pipeline Services for pre-commissioning and maintenance services as well as inline inspection for pipeline integrity; and a valves and gears portfolio for flow and process technologies which includes the Maisoneilan, Consolidated, Becker and Mooney valves product brands and the Lufkin Gears and Allen Gears product brands.

Industrial Solutions:  Enabling asset performance and process optimization through a unique suite of hardware, software, and edge device solutions

The Oilfield Services & Equipment (OFSE) segment provides products and services for onshore and offshore oilfield operations across the lifecycle of a well, ranging from exploration, appraisal, and development; to production, rejuvenation, and decommissioning. The segment is organized into four product lines: Well Construction, which focuses on drilling and its components (drill bits, drilling fluids, and drilling services); Completions, Intervention, and Measurements, which encompasses well completions, wireline services, and pressure pumping services; Production Solutions, which spans artificial lift systems and chemicals; and Subsea & Surface Pressure Systems, which facilitates the safe and reliable control and flow of hydrocarbons from the wellhead to production facilities.

Beyond its traditional oilfield concentration, OFSE is expanding its capabilities and technology portfolio to meet the challenges of a net-zero future. These efforts include expanding into new energy areas such as geothermal and CCUS, strengthening its digital architecture and addressing key energy market themes, and never wavering from a longstanding and recognized commitment to safety and execution.