Baker Hughes Expands Namibian Presence with Liquid Mud Plant, Cement Bulk and Multi-Modal Facilities

GlobeNewswire11-21 21:00

New liquid mud plant is the largest in Namibia in terms of volume and capacity Walvis Bay Port location will enhance efficiencies for customers and support local employment WALVIS BAY, Namibia, Nov. ...

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Walvis Bay Port location will enhance efficiencies for customers and support local employment. WALVIS BAY, Namibia, Nov. 21, 2024  -- Baker Hughes,an energy technology company, announced Thursday the opening of its new liquid mud plant, cement bulk facility and integrated multi-modal facility to support Namibia’s burgeoning energy industry and increase localization opportunities.The facilities, including Namibia’s largest liquid mud plant in terms of volume and capacity, will serve as a key infrastructure necessary to supply drilling and completions fluids and cement bulk handling critical to serve offshore oil and gas operations. The integrated multi-modal facility will also house advanced testing and maintenance equipment to support a variety of subsea operations. The Walvis Bay facilities represent a substantial investment in the country from Baker Hughes.About Baker HughesBaker Hughes  is an energy tech","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0251142724.SGD":"Fidelity America A-SGD","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","BK4566":"资本集团","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","BK4588":"碎股","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BKR":"贝克休斯","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU0256331488.USD":"SCHRODER ISF GLOBAL ENERGY \"A\" ACC","BK4179":"石油天然气设备与服务","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU1261432733.SGD":"Fidelity World A-ACC-SGD"},"translate_title":"贝克休斯通过液体泥浆厂、水泥散装和多式联运设施扩大纳米比亚业务","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BKR":1},"content_text":"New liquid mud plant is the largest in Namibia in terms of volume and capacity\nWalvis Bay Port location will enhance efficiencies for customers and support local employment\n\nWALVIS BAY, Namibia, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday the opening of its new liquid mud plant, cement bulk facility and integrated multi-modal facility to support Namibia’s burgeoning energy industry and increase localization opportunities.\nThe facilities, including Namibia’s largest liquid mud plant in terms of volume and capacity, will serve as a key infrastructure necessary to supply drilling and completions fluids and cement bulk handling critical to serve offshore oil and gas operations. The integrated multi-modal facility will also house advanced testing and maintenance equipment to support a variety of subsea operations. The Walvis Bay facilities represent a substantial investment in the country from Baker Hughes.\n“Namibia is poised to become one of Africa’s leading energy suppliers, and these operations significantly enhance our ability to support their goals,” said Amerino Gatti, executive vice president of Oilfield Services & Equipment at Baker Hughes. “Our new facilities represent the latest milestone in the growth of Namibia’s domestic oil and gas industry, and we are pleased to help the country realize these vital resources while creating new opportunities for its people.”\nThe liquid mud plant has the capacity to hold 15,000 barrels of drilling and completion fluids, allowing Baker Hughes to cater to the unique needs of each customer. The facilities are located at Namibia’s Walvis Bay Port, providing a consistent, local source of materials close to the country’s offshore fields that enhance efficiencies for customers.\nThe facilities employ local workers who have received advanced training in oil and gas operations from Baker Hughes. The company has also provided training to personnel from the National Petroleum Corporation of Namibia (NAMCOR) and the country’s Ministry of Mines and Energy (MME) to help strengthen the nation’s pipeline of skilled workers.\nWalvis Bay has become a hub for the Namibian energy industry since the discovery of substantial offshore oil reserves in the country’s Orange Basin. Since 2021, Baker Hughes has provided drilling services, subsea wellheads and tubular running services in the country.\nAbout Baker HughesBaker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.\nFor more information, please contact:\nMedia RelationsAdrienne M. Lynch+1 713-906-8407adrienne.lynch@bakerhughes.com\nInvestor RelationsChase Mulvehill+1 346-297-2561investor.relations@bakerhughes.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485930524"}