Baker Hughes secures drilling services contract for gas storage project in Dubai [Yahoo! Finance]
Baker Hughes Company (BKR)
Company Research
Source: Yahoo! Finance
integrated coiled-tubing drilling services for the Margham gas storage project in Duabi. This initiative aims to enhance Dubai's energy stability by improving the system's ability to alternate between natural gas and solar power. The project leverages Baker Hughes' expertise in coiled-tubing drilling and under-balanced drilling, along with its CoilTrak coiled-tubing bottomhole assembly (BHA) system. CoilTrak enables operators to navigate subsurface environments effectively during horizontal drilling, maximising reservoir contact, which is essential for underground gas storage. Baker Hughes Oilfield Services & Equipment executive vice-president Amerino Gatti said: “Baker Hughes has built a reputation as a leader in coiled-tubing drilling and mature assets solutions, and we bring a track record of success across the region to this important project. “Our integrated solutions approach combines industry-leading technology and expertise across the energy value chain to help DPE s
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BKR
Earnings
- 10/23/25 - Beat
BKR
Sec Filings
- 12/17/25 - Form 4
- 12/17/25 - Form 4
- 12/17/25 - Form 4
- BKR's page on the SEC website