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About
GE (NYSE: GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. For more than 125 years, GE has invented the future of industry, and today it leads new paradigms in additive manufacturing, materials science, and data analytics. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers.
Transactions
Baker Hughes Acquires 5% Stake In ADNOC Drilling For $550 Million
Baker Hughes Acquires 5% Stake In ADNOC Drilling For $550 Million
Baker Hughes Acquires 5% Stake In ADNOC Drilling For $550 Million
Baker Hughes Acquires 5% Stake In ADNOC Drilling For $550 Million
South Korean Energy Group, GE Sign Deal To Jointly Develop US Shale Gas
South Korean Energy Group, GE Sign Deal To Jointly Develop US Shale Gas
GE Oil & Gas, Baker Hughes Plan Mega-Merger
GE Oil & Gas, Baker Hughes Plan Mega-Merger
GE Oil & Gas Buys Leading Subsea Equipment Supplier Advantec
GE Oil & Gas Buys Leading Subsea Equipment Supplier Advantec
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News
Power Co. Proposes NatGas Plants Near Texas Haynesville Shale
An American Electric Power (AEP) subsidiary plans to develop two natural gas-fired generation projects near the prolific Texas Haynesville shale play.
TotalEnergies Wins New Deals in Libya
These agreements aim to develop solar projects supplying electricity to the Libyan people and to invest in projects reducing gas flaring in oil fields.
Sembmarine, GE Land Contract for One of World’s Largest Wind Farms
Sembcorp Marine Ltd. and GE Renewable Energy’s Grid Solutions have secured a contract from RWE Renewables on March 29 to supply the high voltage direct current (HVDC) electrical transmission system for the Sofia Offshore Wind Farm.
Baker Hughes Reveals Face-lift Following GE Divestment
After a brief stint as Baker Hughes, a GE company, the oilfield services company with a history dating over a century will now be known as Baker Hughes Co.
GE’s Baker Hughes Profits From Foreign Focus
Unlike bigger players Halliburton and Schlumberger, General Electric's Baker Hughes unit has limited exposure to the North American pressure pumping sector where demand has weakened.
GE Explores stake Sale In Enel Renewables Joint Venture -Sources
GE Energy Financial Services has been selling down its portfolio under a plan to reduce those holdings to about $5 billion by the end of 2019 from $10 billion in 2017.
GE Seeks To Raise $4 Billion With Sale Of Baker Hughes Stake
GE, which bought Baker Hughes in July 2017, has been selling off assets and cutting costs to lower its debt and focus on its core businesses of jet engines, power plants and renewable energy.
GE To Divest Baker Hughes Stake
GE plans to fully separate from Baker Hughes in an “orderly manner” over the next two to three years as it targets a leaner corporate structure.