Baker Hughes is the world's third-largest oilfield services company next to Schlumberger and Halliburton, who are its main competitors. Baker Hughes Incorporated was formed as a result of the merging of Baker International and Hughes Tool Company merged in 1987. With its headquarters in Houston, Texas, the company operates in Aberdeen (UK), Singapore, Dubai, Research and; Maintenance Facility in Celle (Germany) and (Lafayette) Louisiana. The company Has four distinct administrative units spread globally called as EARC (Europe, Africa, Russia and; Caspian), MEAP (Middle East, Asia-Pacific), NA (North America) and LA (Latin America).
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Baker Hughes Incorporated supplies products and technology services, and systems to the oil and natural gas industries worldwide. It operates in two segments, Drilling and Evaluation, and Completion and Production. The Drilling and Evaluation segment provides products and services used to drill and evaluate oil and natural gas wells. Its products include drilling fluids, completion fluids, drill bits, and fixed-cutter polycrystalline diamond compact bits. This segment also offers fluids environmental services; drilling and evaluation services, which include directional drilling, measurement-while-drilling, and logging-while-drilling services; and formation evaluation and wireline completion, and production services. The Completion and Production segment provides equipment and services used from the completion phase through the productive life of oil and natural gas wells. It principally offers wellbore construction, cased-hole completions, sand control, and wellbore intervention solutions. This segment also offers oilfield chemical programs for drilling, well stimulation, production, pipeline transportation, and maintenance programs; various process and water treatment programs, and finished fuel additives for the refining industry; and a variety of products and services for the pipeline transportation industry. In addition, it provides electrical submersible pump systems and progressing cavity pump systems, as well as permanent monitoring systems and chemical automation systems. Baker Hughes offers its products primarily through its sales organizations, as well as through independent distributors, agents, licensees, or sales representatives. The company was founded in 1972 and is headquartered in Houston, Texas.
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