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Press release
Baker Hughes executes technical services agreement with direct sale of directional drilling equipment to CAMCO in Libya

Baker Hughes signs a multi-year agreement with CAMCO, delivering a customized approach to maximize production and efficiency for onshore operations in Libya.



Overview

As your business becomes more complex, havingflexible businessoptions becomes more critical. Our range of alternative business models gives you that flexibility.

Working together, we can determine what’s best for your situation with these selections:

  • Technology license for sale or manufacturing of products
  • Technical service agreement
  • Master service agreement or frame agreement on demand
  • Alternative funding

Alternative business models give you the flexibility you need in this complicated business environment. Here are just a few examples:

North  America
Success story

A technology license in North America

We executed a technology license to manufacture and sell dissolvable plugs with a company in North America.

Africa
Success story

A technical services agreement in Africa

We established a technical services agreement to a local service company in North Africa for executing wireline, coiled tubing, N2, and cementing services.

Latin America
Success story

Alternative funding in Latin America

We supported a channel partner agreement for equipment sales in Latin America with a financial loan from Baker Hughes Capital Solutions.

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Success story

Master service and frame agreement for an international company

We executed a bi-directional agreement with an international service company, in which the service company becomes a Baker Hughes channel partner, and Baker Hughes becomes a reseller of that company’s specialized equipment.




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