Baker Hughes Awarded Offshore Production Enhancement and Stimulation Services Contract by bp
- Significant contract supports new well development and production enhancement across bp's UK North Sea operations
- Advanced modular stimulation solution designed to support efficient well completion, operational reliability and enhanced reservoir recovery
HOUSTON and LONDON, Sept. 04, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Friday a significant award from bp to provide offshore stimulation services across the company’s UK North Sea operations. The award supports both new well development and enhanced recovery from mature fields.
Under the agreement, Baker Hughes will deploy a vessel-based stimulation solution featuring its proven StimFORCE™ modular stimulation package to support well completions and production enhancement activities. Supported by a UK operating base and an established local supply chain network, the solution is designed to enhance operational reliability, minimize non-productive time and optimize recovery. The dedicated vessel solution provides both schedule and operational flexibility, enabling stimulation activities to be executed efficiently.
"By combining our vessel-based stimulation expertise, advanced intervention technologies and production optimization capabilities, we are well positioned to help bp enhance reservoir performance, increase operational flexibility and unlock additional value from both new and mature fields across its North Sea portfolio,” said Baker Hughes Executive Vice President of Oilfield Services & Equipment Amerino Gatti.
Baker Hughes has a long-standing presence in the UK, helping offshore operators optimize reservoir performance across the well lifecycle through advanced drilling, completions and intervention technologies.
About Baker Hughes
Baker 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.
For more information, please contact:
Media Relations
Kirk Eggleston
+1 346.521.8438
kirk.eggleston@bakerhughes.com
Investor Relations
Chase Mulvehill
+1 346-297-2561
investor.relations@bakerhughes.com
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy for the Long-Term While They’re Still Undervalued
6 ETFs To Diversify Away From AI
Why This Vanguard ETF Is One of the Best
The Best AI Stocks to Buy Now
United States