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Baker Hughes to Extend Reach with ARMS

Baker Hughes has signed an agreement to acquire ARMS Reliability.
Baker Hughes (NYSE: BKR) has signed an agreement to acquire ARMS Reliability, an industrial asset management provider whose reach extends into the mining, power, manufacturing, oil and gas, and utilities sectors.
The acquisition – slated to close in the second quarter of this year – will bolster Baker Hughes’ industrial asset performance management (APM) capabilities, the company noted in a written statement emailed to Rigzone.
“The acquisition of ARMS Reliability emphasizes Baker Hughes’ commitment to empower the digital transformation of our customers’ industrial assets and strategically invest for growth in industrial asset management,” commented Rami Qasem, executive vice president of Baker Hughes’ Digital Solutions segment. “This is another exciting step forward as we look to be the partner of choice and offer our customers a complete set of services across the entire industrial as ....

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Baker Hughes Secures Order With Petrobras To Expand Digital Capabilities And Reduce Emissions

Baker Hughes Secures Order With Petrobras To Expand Digital Capabilities And Reduce Emissions
Order includes software and hardware solutions across Baker Hughes’ Digital Solutions portfolio
Order expands on third quarter 2020 milestone frame agreement
Baker Hughes announced today an order with Petrobras to provide a suite of digital solutions across Petrobras sites in Brazil. The order, booked in the fourth quarter 2020, will further expand Petrobras’ digital capabilities following a third quarter 2020 order for a three-year frame agreement across multiple Baker Hughes Digital Solutions product lines.
Baker Hughes will support Petrobras’ thermal plants; refineries; gas treatment units; production plants; offshore platforms; and floating production, storage and offloading units (FPSO) with its technologies, ensuring the latest regulatory requirements are achieved. The order includes flare monitoring and calibration technologies, cybersecurity and remote monito ....

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Baker Hughes secures order to expand digital capabilities and reduce emissions

Baker Hughes secures order to expand digital capabilities and reduce emissions
1/22/2021
Baker Hughes announced an order with Petrobras to provide a suite of digital solutions across Petrobras sites in Brazil. The order, booked in the fourth quarter 2020, will further expand Petrobras’ digital capabilities following a third quarter 2020 order for a three-year frame agreement across multiple Baker Hughes Digital Solutions product lines.
Baker Hughes will support Petrobras’ thermal plants; refineries; gas treatment units; production plants; offshore platforms; and floating production, storage and offloading units (FPSO) with its technologies, ensuring the latest regulatory requirements are achieved. The order includes flare monitoring and calibration technologies, cybersecurity and remote monitoring services, and interconnected machinery protection systems and sensors. ....

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