Baker Hughes (BKR) Wins Award to Enhance Azerbaijan Oilfields
BKRBaker Hughes(BKR) ZACKS·2024-06-18 00:26

Baker Hughes Company (BKR) received an award from the State Oil Company of Azerbaijan Republic (“SOCAR”) to implement its cutting-edge electric submersible pump (“ESP”) technology and the Leucipa automated field production software solution in Azerbaijan’s oilfields.The project will see the first 50 of more than 150 ESPs delivered in 2024, marking the initial phase of a major technological upgrade. The combined deployment of these advanced solutions aims to optimize SOCAR’s oilfield operations, promising su ...