Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

How 5 People Found AI Training Jobs — and How Much Money They Make

November 28, 2025

Billy McFarland Tries Again After Fyre Fest Debacle

November 27, 2025

Oil Markets Lackluster Amid Russia Peace Deal, China’s Stockpiling

November 27, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Baker Hughes Wins Contract from Genesis Energy for Offshore Oil Pipelines
Middle East

Baker Hughes Wins Contract from Genesis Energy for Offshore Oil Pipelines

omc_adminBy omc_adminJuly 30, 2025No Comments4 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Baker Hughes said it was awarded a contract by Genesis Energy to provide drag-reducing agents (DRAs) for two critical offshore oil pipelines serving the U.S. Gulf Coast.

The multi-year agreement includes chemicals, associated management services, and the deployment of Baker Hughes’ Leucipa automated field production solution to optimize operations, the company said in a news release.

Under the agreement, Baker Hughes will provide DRAs from its FLO product line to support the transportation of both light and heavy crude from offshore platforms to storage and refining facilities in Texas and Louisiana.

Financial terms of the contract were not disclosed.

The use of DRAs and midstream solutions will significantly increase the capacity of the Cameron Highway Oil Pipeline and Poseidon systems, each of which is operated and 64 percent owned by Genesis Energy, allowing for increased oil production and enhanced crude slate flexibility in the Gulf, Baker Hughes said.

“As America’s energy demand continues to grow, it is crucial that midstream capacity keep up with production to avoid bottlenecks,” Amerino Gatti, executive vice president of oilfield services and equipment at Baker Hughes, said. “Fortunately, technology provides the solution to this challenge. By utilizing DRAs to reduce friction between pipelines and the hydrocarbon resources that flow through them, as well as AI to optimize their operation, Genesis can increase its capacity without the need for large investments of time and capital, all while helping the country meet its energy needs”.

Strategic Partnership with Petronas

Earlier in the month, Baker Hughes said it entered into a memorandum of understanding (MoU) with Petroliam Nasional Berhad (Petronas) on a strategic partnership to explore business initiatives aimed at supporting the delivery of Asia’s energy expansion and transition.

The MoU “serves as a foundation for collaboration initiatives between the two companies to enhance local supply chain capabilities and explore the feasibility of implementing a variety of technology solutions,” Baker Hughes said in a separate statement.

The potential initiatives include enhanced liquefied natural gas (LNG) services footprint and cross-border talent training and development programs to strengthen local field operations capabilities; exploration and production, chemicals and mature assets solutions; and digital solutions such as artificial intelligence.

The two companies also plan to explore sustainable energy solutions including carbon capture, utilization and storage (CCUS), as well as lubricants and biofuels for the turbomachinery supply chain, according to the statement.

Baker Hughes said it plans to expand on its existing services footprint in Malaysia to develop a full aeroderivative gas turbine module repair services facility, inclusive of disassembly, assembly, grinding and testing capabilities. The company is currently assessing options to identify the best location for placing its new expanded aeroderivative gas turbine services footprint in the country.

With an installed base of over 600 gas turbines and continued expected growth given the energy expansion, the augmented services capabilities will provide enhanced service to customers across the region, the company said.

“It is critically important to grow alongside our customers in Asia-Pacific, including Petronas, as we work toward our shared goal of sustainable energy development to provide for a world that needs more reliable, secure and lower-carbon energy,” Baker Hughes Chairman and CEO Lorenzo Simonelli said. “We look forward to working alongside PETRONAS, as well as other local partners, to realize this additional localization effort to help ensure energy is available today and in the future”.

To contact the author, email rocky.teodoro@rigzone.com



Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

element
var scriptTag = document.createElement(‘script’);
scriptTag.src = url;
scriptTag.async = true;
scriptTag.onload = implementationCode;
scriptTag.onreadystatechange = implementationCode;
location.appendChild(scriptTag);
};
var div = document.getElementById(‘rigzonelogo’);
div.innerHTML += ” +
‘RIGZONE Empowering People in Oil and Gas‘ +
”;

var initJobSearch = function () {
//console.log(“call back”);
}

var addMetaPixel = function () {
if (-1 > -1 || -1 > -1) {
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);

/*End Meta Pixel Code*/
} else if (0 > -1 && 99 > -1)
{
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);
/*End Meta Pixel Code*/
}
}

// function gtmFunctionForLayout()
// {
//loadJS(“https://www.googletagmanager.com/gtag/js?id=G-K6ZDLWV6VX”, initJobSearch, document.body);
//}

// window.onload = (e => {
// setTimeout(
// function () {
// document.addEventListener(“DOMContentLoaded”, function () {
// // Select all anchor elements with class ‘ui-tabs-anchor’
// const anchors = document.querySelectorAll(‘a .ui-tabs-anchor’);

// // Loop through each anchor and remove the role attribute if it is set to “presentation”
// anchors.forEach(anchor => {
// if (anchor.getAttribute(‘role’) === ‘presentation’) {
// anchor.removeAttribute(‘role’);
// }
// });
// });
// }
// , 200);
//});



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Lotte and Hyundai to Merge Some Petrochem Units

November 27, 2025

Romania Ready to Impose Oversight of Cos Hit by International Sanctions

November 27, 2025

Ivory Coast Sees Oil and Gas Spurring Growth in Next 5 Years

November 27, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20074 Views
Don't Miss

Colombia fines Ecopetrol CEO Ricardo Roa over Petro campaign spending violations

By omc_adminNovember 27, 2025

(Bloomberg) – Colombia’s electoral authority fined officials from President Gustavo Petro’s 2022 campaign, including the…

OPEC+ set to pause production increases in 2026 as global surplus builds

November 27, 2025

Angola starts up $4 billion gas facility to advance energy security, gas monetization

November 27, 2025

Oil and gas firms get more time under EPA’s revised methane rule

November 27, 2025
Top Trending

Scientists warn of severe climate-related risks to UK economy and security | Climate crisis

By omc_adminNovember 27, 2025

Knight Frank Signs $238 Million Green Energy Deal for UK Properties

By omc_adminNovember 27, 2025

John Kerry urges Australia to take ‘hard-nosed’ approach with world’s biggest fossil fuel-producing countries at Cop31 | John Kerry

By omc_adminNovember 26, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20256 Views

Ring Founder on ‘Tough Day’ of AWS Outage: ‘We Got Through It’

October 24, 20254 Views
Our Picks

Colombia fines Ecopetrol CEO Ricardo Roa over Petro campaign spending violations

November 27, 2025

Oil and gas firms get more time under EPA’s revised methane rule

November 27, 2025

Lotte and Hyundai to Merge Some Petrochem Units

November 27, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.