Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Baker Hughes is an American multinational oilfield services company.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
1087
Staff
322
Capital, mln.USD
528
Taxes, mln.USD
48
Glob.Revenue, mln.USD
20502
Assets, mln.USD
189

Baker Hughes Announced Local Management Buyout of its Oilfield Services Business in Russia. 3 assets were sold on 15/11/2022: TYUMEN PLANT OF OIL-FIELD EQUIPMENT, "BAKER HUGE SERVICES RUS" LLC and LLC "ONGF".

The Company Statement
November 15, 2022

No longer provide engineering services to Russian LNG developers. Baker Hughes Announces Local Management Buyout of its Oilfield Services Business in Russia

June 16, 2022Baker Hughes terminates service agreements for LNG projects in Russia
March 19, 2022Another oil service giant stops investments in the Russian Federation
May 19, 2022 Baker Hughes Announces Update on Russia Operations
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