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What's Going On With Baker Hughes Stock Wednesday? - Baker Hughes (NASDAQ:BKR)

Summary by Benzinga
Baker Hughes Company (NASDAQ:BKR) on Wednesday secured a significant service agreement with Petrobras (NYSE:PBR). Wins 60-Month Petrobras Service Award Baker Hughes disclosed a substantial 60-month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations. This agreement, signed in February, covers essential maintenance and engineering advisory services for up to 64 aeroderivative gas turbines, wh…

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Operations benefiting from the agreement involve approximately 19 floating production, storage and offloading vessels (FPSOs) in the offshore extraction area, in addition to providing support to the Replan refinery.

·Brazil
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Globo broke the news in Brazil on Wednesday, March 18, 2026.
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