Baker Hughes, Akastor in JV

Jack Burke Senior Editor, Compressor Tech2

March 03, 2021

50-50 ownership, two headquarters

Baker Hughes and Akastor ASA will create a joint venture to bring together Baker Hughes’ Subsea Drilling Systems (SDS) business with Akastor’s wholly-owned subsidiary, MHWirth AS (MHWirth).

The companies said the new joint venture will deliver a global full-service offshore drilling equipment offering that will provide customers with a broad…

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

Login
CONNECT WITH THE TEAM
Jack Burke Senior Editor Tel: +1 262 527 0815 E-mail: [email protected]
Kristin Pride Brand Manager – North America/European Sales Executive Tel: +1 720 298 8546 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA