Baker Hughes gets in on Egyptian natural gas bonanza

12 Sep 2017   Egypt

A contract to provide services for the giant Zohr natural gas field off the Egyptian coast is a win-win for its economy and our business, Baker Hughes said. Drilling services company Baker Hughes, a GE company, said during the weekend it secured a contract from Petrobel, a joint venture between a subsidiary of Italian energy company Eni and the Egyptian General Petroleum Corp., for work on underwater production systems for the Zohr field. “The Zohr field is one of the most significant developments of its kind, and through this project we can show the efficiency gains that such complex projects can achieve through our enhanced portfolio,” Lorenzo Simonelli, the president and CEO at Baker […]

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