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Baker Hughes, a GE Company (BHGE) LLC is engaged in offering products and services across business segments that include oilfield services, oil equipment, turbomachinery & process solutions, and digital solutions. The turbomachinery & process solutions segment offers equipment and related services for mechanical-drive, compression, and power-generation applications across industry verticals such as oil & gas, energy, on- & off-shore, LNG, pipeline & gas storage, refining, petrochemical, distributed gas, and flow & process control, among others. This segment is a leader having expertise in designing, manufacturing, maintaining, and upgrading rotating equipment in oil & gas. The turbomachinery & process solutions segment is further sub-segmented into drivers, driven equipment, flow control, and turnkey solutions. The driver sub-segment comprises of aero-derivative gas turbines, heavy-duty gas turbines, small- to medium-sized industrial gas turbines, steam turbines, and hot gas and turboexpanders. Turbomachinery & process solutions help Baker Hughes’ customers to maximize the production of upstream oil & gas production, liquefy natural gas, compress gas for transportation through pipelines, generate electricity, storage of gas and energy, refine oil & gas to produce petrochemicals and minimize operational as well as environmental risks in extreme conditions to gain maximum profits. The company focuses on differentiating their offerings through their expertise in technology & project management, its local presence gained through local partnerships, deep industry knowledge by having skilled employees, and advanced technological assets to design and manufacture their turbomachinery & process solutions. Baker Hughes operates through 120 countries other than the United States.
Petroleum Development Oman (PDO) is engaged in the business of exploration, production, and transportation of oil and gas. It is owned by the government of Oman (60%), Royal Dutch Shell (34%), Total (4%) and Partex (2%). The company has nearly 209 gas fields and more than 8,000 oil and gas wells. Moreover, it also has more than 30,500 km of pipeline networks. Furthermore, the company operates in almost one-third of Oman. It has become a pioneer in enhanced oil recovery (EOR) for exploration and production activities in Oman. PDO has a presence in 70 countries and has more than 70,000 contractors around the world. In 2018, the capital expenditure of the company was USD 5.5 billion, and the operating expense was USD 1.9 billion. It is a member of the United Nations Global Compact, Gulf Co-operation Council (GCC) National Oil Company Steering Committee, Oman Society for Petroleum Services, Regional Clean Sea Organisation, GCC Standardisation Organisation, and International Association of Oil and Gas Producers.
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