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Encyclopedia > Baker Hughes Incorporated

Baker Hughes (NYSE: BHI (http://www.nyse.com/about/listed/lcddata.html?ticker=BHI)) is the world's third-largest oil-services company behind Schlumberger and Halliburton .


Chad Deaton is the CEO.


Baker Hughes Incorporated was formed when Baker International and Hughes Tool Company merged in 1987.

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  Results from FactBites:
 
Baker Hughes - Wikipedia, the free encyclopedia (386 words)
Baker Hughes NYSE: BHI is the world's third-largest oilfield services company behind Schlumberger and Halliburton, its main competitors.
Baker Hughes is headquartered in Houston, Texas and operates worldwide with major offices in Aberdeen (UK), Singapore, Dubai, Research and Maintenance Facility in Celle (Germany) and Houston.
In 2006, Baker Hughes announced in a press release that it was selling its 30% share of the Western Geco joint venture to Schlumberger for $2.4 billion in cash.
Baker Hughes Incorporated: Admin. Proc. Rel. No. 34-44784 / September 12, 2001 (3410 words)
Baker Hughes, through its CFO and Controller, directed that this improper payment be made while knowing or aware that KPMG would pass all or part of the payment along to a foreign government official for the purpose of influencing the official's decision affecting the business of Baker Hughes.
Baker Hughes' CFO and Controller knew or were aware of a high probability that KPMG intended to use $75,000 of the $143,000 to pay the Indonesian government tax official who was conducting PTEC's tax audit.
Further, Baker Hughes' CFO and Controller knew that the $75,000 payment to the Indonesian tax official was to be made to obtain a reduction in its tax assessment from $3.2 million to approximately $270,000.
  More results at FactBites »


 

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