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Author Archives: Arafat Hoque

Baker Hughes’ Subsea Drilling Systems and Akastor’s MHWirth complete merger to form HMH

The merger of Baker Hughes’ Subsea Drilling Systems business and Akastor’s wholly owned subsidiary MHWirth has been completed to form a global offshore drilling equipment company. The new company will be known as HMH. As previously announced, Baker Hughes and Akastor own equal equity in the company. HMH combines integrated delivery

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Report: 81% of oil and gas businesses have accelerated or intend to accelerate their deployment of IoT in response to COVID-19

New research by Inmarsat, a mobile satellite communications provider, reveals a rapid increase in the maturity level of the industrial Internet of Things (IoT) across the oil and gas sector since the start of the COVID-19 pandemic. Respondents, including exploration, extraction and distribution businesses,

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