baker hughes

Baker Hughes and Hanwha in ammonia gas turbine agreement

Ammonia-fueling is widely seen as key to shipping’s decarbonization. And while ammonia fueled four stroke engines will soon be a reality, ammonia gas turbines could be in the not too distant future.

Korea’s Hanwha Group plans to complete the development of LNG carriers and containerships using an ammonia gas turbine propulsion system by 2028.

The ammonia gas turbines will be developed in cooperation with Baker Hughes (NASDAQ: BKR) under a joint development and collaboration agreement just signed...

https://www.marinelog.com/baker-hughes-and-hanwha-in-ammonia-gas-turbine-agreement/

COLUMN | See you in court, part 57: Dolphin Drilling; Seatrium; Bourbon; Zachry Holdings [Offshore Accounts]

“See you in court!” is a familiar refrain and one we have often used as a headline. Offshore companies seem to get embroiled in contract disputes that end up in lengthy and expensive arbitration, or in commercial court disputes, just too often. I find it hard to believe that if this column covered...

https://www.bairdmaritime.com/offshore/column-see-you-in-court-part-57-dolphin-drilling-seatrium-bourbon-zachry-holdings-offshore-accounts/

ADNOC And Baker Hughes’ Eco-Friendly Initiative

Credits: joshua-rawson-harris-w5P8mdWzLu8-unsplash

A groundbreaking partnership between Baker Hughes and ADNOC Gas, set to electrify the future of LNG production at the Ruwais LNG project in the United Arab Emirates. The innovative technology, environmental impact, and strategic significance of this transformative endeavor. The investors.bakerhughessource.

  • Baker Hughes secures a groundbreaking contract to provide all-electric liquefaction systems for ADNOC’s Ruwais LNG project, with an expected...

https://mfame.guru/adnoc-and-baker-hughes-eco-friendly-initiative/

Judge rules Kuehne + Nagel’s $1.7M air cargo dispute must be arbitrated

A white cargo jet with blue-and-red LATAM logo. Close up side view of cockpit and front.

A federal judge has ruled a $1.7 million shipping dispute between Kuehne + Nagel, the world’s largest air freight logistics provider, and oil field services giant Baker Hughes must be arbitrated, saying that the contract’s arbitration clause is enforceable under New York law.

Houston-based Baker Hughes sued for compensation after one of its shipments was seized by Brazilian customs authorities because the airline providing the physical transportation failed to provide proof of a pre departure...

https://www.freightwaves.com/news/judge-rules-kuehne-nagels-17m-air-cargo-dispute-must-be-arbitrated

COLUMN | Do it yourself, Gulf style: Middle Eastern states invest in offshore oilfield services companies [Offshore Accounts]

In Saudi Arabia, Qatar and the UAE, public investment by petro-states is increasingly focused on squeezing out private sector businesses in oilfield services, especially ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-do-it-yourself-gulf-style-middle-eastern-states-invest-in-offshore-oilfield-services-companies-offshore-accounts/

Distressed Gulf of Mexico looks to mid-2021

Between a persistent pandemic’s assault on fossil fuel demand and an epic storm season, the Gulf of Mexico seems to have been cast into some kind of ecclesiastical time warp this year.

Yet, even as 2020 mercifully wraps up, most agree it will be at least mid-2021 before a clearer picture emerges on the how the offshore sector will shake out after a chaotic year that saw budgets slashed, projects deferred, more bankruptcies, and offshore service vessels (OSV) sidelined at its highest clip in two...

https://www.workboat.com/news/offshore/distressed-gulf-of-mexico-looks-to-mid-2021/