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0.000221043324491556 0.000221043324491556 -0.00044208664898327 -0.00102122015915117 -0.00176834659593277 -0.00389920424403185 -0.00408930150309466 -0.00301061007957565
Stock impact report

Kuwait Taps Baker Hughes to Boost Output From Mature Fields [Yahoo! Finance]

Baker Hughes Company (BKR) 
Company Research Source: Yahoo! Finance
and gas fields, underscoring the country's focus on maximizing output from mature reservoirs through digitalization and automation. Under the agreement, Baker Hughes will supply electrical submersible pumps (ESPs) alongside installation, surveillance, and maintenance services designed to enhance production reliability and reduce downtime. The artificial lift systems will be integrated with Baker Hughes' FusionPro intelligent production drive and Leucipa automated field production platform, enabling real-time monitoring, optimized performance, and lower nonproductive time across KOC's operations. “Technology is unlocking new value from established fields around the world, and Baker Hughes and KOC have been at the forefront of these advancements,” said Amerino Gatti, executive vice president of Oilfield Services & Equipment at Baker Hughes. He noted that the company's artificial lift systems have operated in Kuwait's oilfields for nearly two decades, building a track record for effi Show less Read more
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