# Baker Hughes

> Baker Hughes supplies energy and industrial operators with drilling services, subsea systems, turbines, compressors, sensors and asset-management software. Its equipment, aftermarket services and digital tools help customers produce energy, maintain machinery and improve efficiency. The company reported $27.733 billion in 2025 revenue and completed its acquisition of Chart Industries in July 2026.

- **Founded:** 1987
- **Headquarters:** Houston, United States; London, United Kingdom (dual headquarters)
- **Founders:** Reuben Carl Baker (Founder of the Baker predecessor business; casing-shoe patent in 1907), Howard R. Hughes Sr. (Co-founder of Sharp-Hughes Tool Company, a predecessor, in 1909), Walter B. Sharp (Co-founder of Sharp-Hughes Tool Company, a predecessor, in 1909)
- **Products:** Oilfield Services & Equipment, Industrial & Energy Technology, Cordant, Bently Nevada / Cordant Devices, NovaLT gas turbines
- **Notable:** Hughes two-cone drill bit designated an ASME Historic Mechanical Engineering Landmark in 2009., Reported 2025 orders of $29.6 billion and revenue of $27.733 billion., Reported more than 1,400 patents granted worldwide in 2025 and $600 million in R&D spending.

## Products & services

- **Oilfield Services & Equipment** — Drill bits, drilling services and fluids, completions, intervention, artificial lift, production chemicals and subsea systems across the life of a well.
- **Industrial & Energy Technology** — Gas and steam turbines, compressors, pumps, valves, industrial sensing, inspection, digital tools and aftermarket support.
- **Cordant** — Asset performance and process optimization software connecting equipment data, reliability strategies and maintenance decisions; launched in January 2023.
- **Bently Nevada / Cordant Devices** — Machinery protection, vibration sensing, condition monitoring and diagnostics.
- **NovaLT gas turbines** — Industrial gas turbines for mechanical drive, power generation and combined heat and power applications.
- **Integrated Compressor Line (ICL)** — Electric motor-driven, oil-free integrated compression; operating emissions claims depend on the electricity generation mix.
- **Waygate Technologies** — Non-destructive testing, industrial radiography, computed tomography, ultrasound and remote visual inspection.
- **Chart Industries** — Acquired air and gas handling, thermal management and lifecycle-service capabilities; operates as a third reporting segment following the July 2026 close.
- **New energy technologies** — Equipment and services for geothermal, hydrogen, carbon capture and storage, and emissions abatement.

## Achievements

- Hughes two-cone drill bit designated an ASME Historic Mechanical Engineering Landmark in 2009.
- Reported 2025 orders of $29.6 billion and revenue of $27.733 billion.
- Reported more than 1,400 patents granted worldwide in 2025 and $600 million in R&D spending.
- Completed acquisition of Chart Industries on July 16, 2026.

## Latest updates

- **2026-10** — October 15: announced power framework with Venture Global and GE Vernova for up to 16 power islands, with deliveries contemplated for 2028-2034.
- **2026-10** — October 9: unveiled expansion of ICL manufacturing and testing at Le Creusot, aiming to double production capacity.
- **2026-07** — July 16: completed Chart Industries acquisition; Chart became a third reporting segment.
- **2026-01** — Reported full-year 2025 revenue of $27.733 billion.

## Links

- Website: https://www.bakerhughes.com/
- LinkedIn: https://www.linkedin.com/company/bakerhughes/
- Twitter/X: https://twitter.com/bakerhughesco
- YouTube: https://www.youtube.com/channel/UCxhgTNB0eD0xUeeJnP9Ow4g
- Instagram: https://www.instagram.com/bakerhughesco/

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Profile page: https://yespress.io/baker-hughes
Published by YesPress — https://yespress.io
Last updated: 2026-10-22