DAVOS: Baker Hughes Sees Opportunity as Venezuelan Energy Resources Return On Stream -- Market Talk

Dow Jones01-21

1141 GMT - Venezuelan energy resources coming back on stream could create new opportunities for Baker Hughes in the future, Chief Executive Lorenzo Simonelli says at the World Economic Forum in Davos, Switzerland. The oil-field services provider has a large installed base of rotating equipment--machinery used in oil-and-gas operations--in the Latin American country and provides services to Chevron, which holds a license to operate there. "We're customary to changes that take place geopolitically, globally and through the decades," Simonelli says in an interview with the WSJ Leadership Institute. "We stay focused on the long-term strategy." (giulia.petroni@wsj.com)

(END) Dow Jones Newswires

January 21, 2026 06:41 ET (11:41 GMT)

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