Chemical Industry News, Data & Insights

Geoinform Ltd. and Baker Hughes Form Strategic Partnership

Key highlights
  • The agreement was signed during Baker Hughes’ Annual Meeting in Florence, Italy.
  • The collaboration covers new service activities, asset maintenance, equipment rental, and professional training.
  • Baker Hughes offers integrated engineering and service capabilities across the full energy value chain.
  • The partnership aims to support sustainable operations with modern, energy-efficient solutions.

Agreement Overview

Geoinform Ltd., a key player in Hungary's hydrocarbon and geothermal sectors, has entered a strategic cooperation with Baker Hughes, an energy technology company. The partnership aims to introduce advanced oil and gas technologies to meet market demands and boost industry efficiency.

Key Signatories

The agreement was signed by András Dianovszki, managing director of Geoinform Ltd.; Tayo Akinokun, senior vice president, global Geozones at Baker Hughes; and Alexis Devis, managing director, Continental Europe and Caspian Geozone for Baker Hughes, during Baker Hughes’ Annual Meeting in Florence, Italy.

Scope of Collaboration

The cooperation focuses on integrated solutions for future energy market challenges, including new service activities, asset maintenance, equipment rental, technical support, engineering consultancy, and professional training programs.

Baker Hughes' Role

Baker Hughes will provide large-scale engineering and service capabilities, covering the full energy value chain from exploration to data processing, with an emphasis on energy-efficient digital solutions.

Impact on Geoinform

This collaboration is expected to enhance Geoinform's role in exploration and production in Central and Eastern Europe, offering modern, safe, and environmentally conscious technologies to the regional energy industry.