Baker Hughes executes technical services agreement with direct sale of directional drilling equipment to CAMCO in Libya
Baker Hughes signs a multi-year agreement with CAMCO, delivering a customized approach to maximize production and efficiency for onshore operations in Libya.
As your business becomes more complex, having flexible business options becomes more critical. Our range of alternative business models gives you that flexibility.
Working together, we can determine what’s best for your situation with these selections:
- Technology license for sale or manufacturing of products
- Technical service agreement
- Master service agreement or frame agreement on demand
- Alternative funding
Alternative business models give you the flexibility you need in this complicated business environment. Here are just a few examples:
A technology license in North America
We executed a technology license to manufacture and sell dissolvable plugs with a company in North America.
A technical services agreement in Africa
We established a technical services agreement to a local service company in North Africa for executing wireline, coiled tubing, N2, and cementing services.
Alternative funding in Latin America
We supported a channel partner agreement for equipment sales in Latin America with a financial loan from Baker Hughes Capital Solutions.
Master service and frame agreement for an international company
We executed a bi-directional agreement with an international service company, in which the service company becomes a Baker Hughes channel partner, and Baker Hughes becomes a reseller of that company’s specialized equipment.