Baker Hughes (BHGE), a GE company and the world’s first full stream oil and gas entity, on Monday signed a Memorandum of Understanding (MoU) with Qatar Petroleum (QP) to unlock new opportunities to expand its presence in the country and introduce the latest Artificial Intelligence technologies to support the local market.
The agreement confirms BHGE’s ongoing commitment to Qatar and to enhancing its industry-leading operations in the country through continued investment in technologies and services over the coming years.
The MoU, which comes as part of supporting QP’s Tawteen programme, will help strengthen the oil and gas supply chain in Qatar and boost the skills of Qatari talent for the industry.
"The Tawteen programme contributes to the development of the current approach of purchasing goods and services by creating more opportunities for local companies. The initiative will help develop local talent and expertise as well as introduce new technologies, services and products in Qatar. As a leading provider of exploration, extraction and refining technologies and services, BHGE is an ideal choice to support our local value add programme,” said HE Minister of State for Energy Affairs and QP president and chief executive Saad bin Sherida al-Kaabi.
With three workshops and an R&D Center in Qatar, BHGE already has a strong presence locally. BHGE is working with several leading energy sector operators and has established itself as the largest single liner-hanger provider in the country.
Through the partnership, BHGE will continue to invest in its oilfield equipment, oilfield services, turbo machinery and process solutions and measurement and control facilities in the country to boost local manufacturing, maintenance, condition monitoring and recertification capabilities, while its BHGE Digital business will introduce the latest Artificial Intelligence technologies to support the local market.
"As a long-term partner in Qatar and to QP, we are committed to helping support and drive continued growth of its oil and gas sector. Today’s agreements will strengthen our relationship and expand our presence in Qatar. Our efforts will help create a vibrant local supply chain, and help to bring the best technologies and talent together in support of building a strong oil and gas ecosystem in Qatar,” according to Lorenzo Simonelli, chairman and chief executive of BHGE.