The transaction combining GE’s oil and gas business with Baker Hughes is complete. The new company brings together equipment, services and digital solutions across the spectrum of oil and gas development. read more

JUL 5, 2017 - 7:09 am

Fitch Ratings affirmed the ‘AA-/F1+’ Long-and Short-Term Issuer Default Ratings for GE and GE Capital Global Holdings following the agreement to combine GE Oil & Gas with Baker Hughes. read more

NOV 1, 2016 - 5:54 am

GE Oil & Gas signed a master service agreement with Statoil for new subsea projects. The agreement forms the basis for potential new contracts for subsea equipment and is valid globally until 2025. read more

FEB 22, 2016 - 7:03 am

GE Oil & Gas announced three agreements totaling an estimated value of $700 million. The agreements are with Petroleum Development Oman, First Northeast Electric Power Engineering and SBM Offshore. read more

FEB 1, 2016 - 7:17 am