Baker Hughes has been awarded a multi-year service agreement by Kuwait Oil Company to deploy electrical submersible pumps (ESPs), real-time field monitoring systems and advanced automation across several mature oil fields. The contract, effective immediately, will see BKR engineers install and commission ESPs on over 50 wells, with performance data transmitted via cloud-enabled sensors to a centralized operations center in Kuwait City. The deal includes a multi-tiered service package covering routine maintenance, predictive analytics and software upgrades, positioning BKR to capture additional aftermarket revenue estimated at more than $25 million over the life of the agreement.

Baker Hughes will publish its fourth-quarter and full-year 2025 financial results on Sunday, January 25 at 5 p.m. Eastern Time. The following day, management will host a webcast at 9:30 a.m. Eastern to discuss revenue trends, margin performance and cash-flow projections. Investors can access the live webcast at investors.bakerhughes.com, where an archived replay will be made available. The timing of the release and webcast gives stakeholders the opportunity to assess capital allocation plans prior to major industry conferences scheduled in late February.