A cost- and time-effective solution for well intervention operations employs coiled tubing. Instead of removing the tubing from the well, which is how workover rigs fix the problem, coiled tubing ...

Baker Hughes’ expertise in coiled-tubing drilling will enhance the project’s underground gas storage capabilities, drawing from the mature Margham field. This latest contract follows a prior ...

Baker Hughes (NASDAQ:BKR) said Wednesday it was awarded a multi-year contract with Dubai Petroleum to provide integrated coiled-tubing drilling services for the company's Margham Gas storage project.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...