Baker Hughes is a global leader in the energy technology sector, specializing in oilfield services and equipment. Founded in 1907, the company has evolved into a key player in the oil and gas industry, providing integrated solutions that improve productivity and efficiency for energy companies worldwide. Baker Hughes focuses on innovation and advanced technologies to support energy exploration, drilling, and production.
Headquartered in Houston, Texas, Baker Hughes has a significant presence in multiple segments of the energy industry, including oilfield services, machinery manufacturing for oil and gas, and pressure sensor manufacturing. The company employs around 55,000 people and maintains a robust market share in several interconnected industries such as oil & gas field services, mining, drilling equipment manufacturing, and pressure sensor manufacturing.
Baker Hughes is recognized for its commitment to developing smart technologies that enable safer and more environmentally responsible energy production. Their product and service portfolio spans core revenue-generating segments, supporting various stages of energy extraction and processing. Despite being a leader in several sectors, the company has faced competitive challenges, balancing its market share and growth rates with industry peers.
As part of its mission, Baker Hughes aims to invent smarter ways to bring energy to the world, focusing on sustainability and efficient energy use. The company operates under a legacy of innovation dating back more than a century, integrating cutting-edge solutions to meet the evolving demands of the global energy market.
Their comprehensive approach combines expertise in machinery manufacturing, sensor technology, and field services to deliver a full spectrum of energy solutions. Baker Hughes continues to adapt and grow in a dynamic industry environment, leveraging technological advancements to address challenges in energy demand and sustainability.