Baker Hughes Company is an American international industrial service company and one of the world's largest oil field services companies. The company provides the oil and gas industry with products and services for oil drilling, formation evaluation, completion, production and reservoir consulting. Baker Hughes is organized in Delaware and headquartered in Houston. The company was originally known as Baker Hughes Incorporated until 2017 when it was merged with GE Oil and Gas to become Baker Hughes, a GE Company (BHGE), then in 2019 the company divested from General Electric and became Baker Hughes Company. As of December 2020, GE is no longer majority owner of Baker Hughes, owning 30% and intending to completely divest its ownership stake over the next few years.
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation, and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products.
webMethods was an enterprise software company focused on application integration, business process integration and B2B partner integration. Founded in 1996, the company sold systems for organizations to use web services to connect software applications over the Internet. In 2000, the company stock shares rose over 500% the first day it was publicly traded. In 2007 webMethods was acquired by Software AG for $546 million and was made a subsidiary. By 2010 the webMethods division accounted for almost half of the parent company's revenues. Software AG retained the webMethods name, and uses it as a brand to identify a software suite encompassing process improvement, service-oriented architecture (SOA), IT modernization and business and partner integration.
Wolters Kluwer N.V. is a Dutch information services company. The company is headquartered in Alphen aan den Rijn, Netherlands (Global) and Philadelphia, United States (corporate). Wolters Kluwer in its current form was founded in 1987 with a merger between Kluwer Publishers and Wolters Samsom. The company serves legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare markets. It operates in over 150 countries.
The oil and gas industry is usually divided into three major sectors: upstream, midstream and downstream. The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the surface.
S&P Global Commodity Insights is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets. The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. Platt.
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas. It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The company conducts operations in more than 500 locations across six continents, operating through three reporting segments: Rig Technologies, Wellbore Technologies, and Completion & Production Solutions.
Smallworld is the brand name of a portfolio of GIS software provided by GE Digital, a division of General Electric. The software was originally created by the Smallworld company founded in Cambridge, England, in 1989 by Dick Newell and others. Smallworld grew to become the global market leader for GIS in 2010 focused on utilities and communications and remains strong in this sector today. Smallworld was acquired by GE Energy in September 2000.
The Abu Dhabi National Oil Company or ADNOC is the State-owned oil company of the United Arab Emirates (UAE). It is the world's 12th largest oil company by production. As of 2021, the company has an oil production capacity exceeding 4 million b/d with plans to increase to 5 million bpd by 2030. It is the United Arab Emirate's largest oil company.
SAP Ariba is an American software and information technology services company located in Palo Alto, California. It was acquired by German software maker SAP SE for $4.3 billion in 2012.
Radiant Systems was a provider of technology to the hospitality and retail industries that was acquired by NCR Corporation in 2011. Radiant was based in Atlanta, Georgia. In its last financial report as a public company, Radiant reported revenues of $90 million and net income of $14 million in the six months ended 30 June 2011. At the time of its acquisition, Radiant employed over 1,300 people worldwide. Radiant had offices in North America, Europe, Asia and Australia.
Oando Plc is a Nigerian multinational energy company operating in the upstream, midstream and downstream.
The Oil & Gas Journal is a leading petroleum industry weekly publication with a worldwide coverage. It is headquartered in Tulsa, Oklahoma and the journal has a major presence in Houston, Texas. The journal is published by Endeavor Business Media. Its publisher is Paul Westervelt, and editor is Bob Tippee. The first issue was published in 1902. Its online information services started in 1994.
Dover Artificial Lift is an oilfield services company headquartered in The Woodlands, Texas. The company provides products and services for artificial lift during production of petroleum and natural gas. Dover Artificial Lift was a member of Dover Corporation until 2018, when it was spun off as part of Apergy Energy.
Amalto Technologies S.A. is a software development company based in Paris, France. The company develops and operates business-to-business (B2B) document exchange software solutions and provides system integration services. It serves the oil & gas, industrial, environmental and enterprise markets.
Whiting Petroleum Corporation was a company engaged in hydrocarbon exploration primarily in the Bakken Formation and Three Forks Shale. It was organized in Delaware with its operational headquarters in Denver, Colorado.
Chord Energy Corporation is a company engaged in hydrocarbon exploration and hydraulic fracturing in the Williston Basin in North Dakota and Montana. It is organized in Delaware and headquartered in Houston, Texas, with an office in Williston, North Dakota. Oasis renamed itself to Chord Energy when it merged with Whiting Petroleum in 2022.
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry. In July 2017, this division was merged with Baker Hughes.
Concho Resources Inc. was a company engaged in hydrocarbon exploration, incorporated & organized in Delaware and headquartered in Midland, Texas, with operations exclusively in the Permian Basin. In 2021, the company was acquired by ConocoPhillips.
Fortive is an American diversified industrial technology conglomerate company headquartered in Everett, Washington. Fortive was spun off from Danaher in July 2016. Mitchell Rales and Steven M. Rales, Danaher's founders, retained board seats with Fortive after the separation. At the point of its independent incorporation, Fortive immediately became a component of the S&P 500. In 2016, Fortive controlled over 20 businesses in the areas of field instrumentation, transportation, sensing, product realization, automation, and franchise distribution. Later the transportation, automation and franchise distribution businesses would be spun off. In 2018 and 2019, Fortune named Fortive as a Future 50 company. In 2020, Fortune named Fortive one of the world's most admired companies along with other major tech companies like Apple, Amazon, and Microsoft. 2020 also marked the third year in a row Fortive has been named to the Fortune 500.
