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BHGE reports £106million profit in first quarter

May 1, 2019

Source: Energy Voice

BHGE reports £106million profit in first quarter

Baker Hughes has posted pre-tax profits of £106million in the first quarter. The performance of the oilfield service business of the company was a bit disappointing but oilfield equipment 'delivered another strong orders quarter'. “The next wave of LNG projects will be positive for us, and we continue to see encouraging signs in the offshore market”, said BHGE's CEO.

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