The Baker Hughes Foundation announced Tuesday a $100,000 grant to Angeli del Bello Foundation in support of urban regeneration and social inclusion in Italy. Angeli del Bello Foundation's key mission is to improve cities across the country, which involves promoting the rediscovery of civic sense, educating and inspiring future generations. The grant to Angeli del Bello Foundation will support the Custodi del Bello project [...]
The Baker Hughes Foundation announced Monday two grants in support of United Nations World Environment Day: a $310,000 grant to One Tree Planted and a $30,000 grant to Children's Environmental Literacy Foundation . Both organizations share Baker Hughes' vision of creating a more sustainable environment and society where employees live and work. "It is paramount as a leader in the energy technology space that Baker Hughes [...]
Baker Hughes: Company's 2023 corporate sustainability report announces development of Scope 3 emissions reduction roadmap, operationalized through its employee-driven emissions reduction Carbon Out program Increased diversity and inclusion efforts saw $410 million spent to support diverse and small businesses, and an increase of 43.7% in total employee volunteer hours compared to 2022 Baker Hughes , an energy technology [...]
The Baker Hughes Foundation announced a $152,000 grant to EARTHDAY.ORG in support of climate and environmental literacy as well as the global Earth Day movement. EARTHDAY.ORG's mission is to diversify the environmental movement and mobilize it as the most effective vehicle to build a healthy, sustainable environment, address climate change and protect the Earth for future generations. The grant will support EARTHDAY.ORG's [...]
Partnership with Venture Metals + collects, processes, and manages full down-stream recycling of scrap materials Growing initiative looks to expand to 5 key Baker Hughes global locations in 2024 As one of the first companies in its industry to announce a net-zero commitment by 2050, Baker Hughes continues to broaden ways in which it reduces its environmental footprint. In just three years, the energy technology company [...]
More than 460 employees across eight Baker Hughes Industrial & Energy Technology facilities benefiting from cardiopulmonary resuscitation and defibrillator training Over 60 defibrillators installed to help improve cardiac arrest survival rates Baker Hughes, an energy technology company, rolled out lifesaving cardiopulmonary resuscitation and defibrillator training to employees across eight of its Industrial & Energy [...]
Global nonprofit organizations chosen for grants support range of humanitarian causes Baker Hughes' employee resource groups bring employees together based on personal characteristics, life experiences and shared interests The Baker Hughes Foundation announced Monday a total of $750,000 in grants to nonprofit organizations that promote our values and support local communities. For the third consecutive year - and in [...]
FORNEBU, Norway, Nov. 2, 2023 /PRNewswire/ -- Akastor ASA's 50% owned affiliate HMH Holding B.V. has today successfully completed a USD 200 million senior secured bond issue with a tenor of 3 years and a fixed coupon of 9.875 % per annum . Reference is made to Akastor's stock exchange notice on 30 October 2023. The net proceeds from the Bonds will be applied towards settlement in full of HMH's existing USD 150 million [...]
FORNEBU, Norway, Oct. 30, 2023 /PRNewswire/ -- Akastor ASA's 50% owned affiliate HMH Holding B.V. has today announced that it has mandated DNB Markets and Nordea as Global Coordinators and Joint Bookrunners and Arctic Securities and Pareto Securities as Joint Bookrunners to arrange a series of fixed income investor meetings, with the intention of seeking to secure a senior secured bond loan. The net proceeds from the [...]
Consortium focuses on how technology can retrofit existing wells at the end of productive life for geothermal energy Federal, Oklahoma state officials attend ribbon-cutting at one-of-a-kind laboratory with Wells2Watts partners California Resources Corp. introduced as newest member alongside existing consortium partners Baker Hughes, an energy technology company, announced Wednesday the completion of the test well for the [...]
Eight-year power purchase agreement will help to achieve a reduction of 6.8 Kilotonnes of CO2 equivalent per year, in line with the EU's long-term climate action 2050 strategy Agreement follows companies' 2021 memorandum of understanding to help Baker Hughes to meet 2030 target to reduce operational emissions by 50% The two companies also agreed on measures to preserve and enhance biodiversity Baker Hughes, an energy [...]
Eight-year power purchase agreement will help to achieve a reduction of 6.8 Kilotonnes of CO2 equivalent per year, in line with the EU's long-term climate action 2050 strategy Agreement follows companies' 2021 memorandum of understanding to help Baker Hughes to meet 2030 target to reduce operational emissions by 50% The two companies also agreed on measures to preserve and enhance biodiversity Baker Hughes, an energy [...]
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