What It Does: Baker Hughes provides services and products for oil-well drilling, exploration, formation, evaluation, production, and reservoir consulting.
Mission: Baker Hughes' mission is to satisfy its customers and provide the best technical services to enhance well-service operations.
Size And Presence: Baker Hughes employs several workers to manage its Lagos office. It's located in Ikoyi.
Best Known For: Baker Hughes was recognized by Green Energy International Limited for years of sustainable leadership. The company is best known as an outfitter that facilitates the operations of upstream and downstream oil & gas companies in Nigeria.
The Good Bits: The company has an excellent working culture. Freshers are exposed to several learning opportunities for career advancement at Baker Hughes. The workplace has a fun and relaxing atmosphere.
The Not-So-Good-Bits: There are no free lunches. The breaks are short.
This firm was created from the merger between Hughes Tool Company and Baker Oil Tool Company in 1987. Requirements of the merger rules for Baker to divest Reed Oil Tool Company. Shortly after this, Hughes attempted to end the merger agreement, which triggered Baker to sue them for a billion dollars. A couple of years after its establishment, Baker Hughes made three major acquisitions - Bird Machine Company, EDECO Petroleum Services, and Vetsco Services. The following year, it acquired Eastman Christensen, gaining a strong foothold in diamond bit technology and directional drilling operations.
In 1992, Baker Hughes acquired Telecom Oilfield Services. Five years later, it purchased Petrolite. In 1997, the firm strengthened its drilling operations by acquiring Drilex, a renowned firm known for providing drilling products and services. At the turn of the 21st century, Baker Hughes launched the biggest fracking proppants vessel for deepwater drilling in the Gulf of Mexico. In 2010, the company grew its size by acquiring JOA Oil & Gas BV. 6 years later, it nearly agreed to a merger deal with Halliburton, but it didn't fall through. In early 2006, Baker Hughes acquired OCRE, a strategic move to give it a foothold in deepwater and subsea oil & gas applications.
In early 2019, Baker Hughes announced its intention to reduce greenhouse gas emissions by 50% by 2030 and eliminate it by 2040.
Baker Hughes is an employee-friendly organization that cares about the safety and security of its staff. The company's culture draws its strength from four core values, namely Integrity, Learning, Teamwork, and Performance. Baker Hughes is more of a community that comprises diverse, ambitious, and collaborative individuals. The company has a support system that helps the new intakes, such as the first graduate, quickly get on board and blend into life at the organization.
Baker Hughes is a hub of diversity and inclusion. The company has several employee resource groups, which give every employee a sense of belonging regardless of race, religion, socioeconomic, background, gender, and political affiliation. The company treats its employees fairly and with respect.
Baker Hughes is good for career development. It offers internships, apprenticeships, and graduate programs that are designed to accelerate the professional development of its participants. These programs utilize a combination of rotational assignments, job shadowing, formal training, coaching, mentoring, and hands-on training to build expertise in its young talents. The Aspire Early Career Progression and LEAD are gateways to several viable opportunities in the organization. Fresh graduates who already have foundational knowledge are equipped with the experience that will make them key stakeholders in the firm.
Baker Hughes' hiring process is brief but extremely effective. It includes an application review followed by an assessment of the applicants. Those who pass the screening stage get to the interview stage. On successful completion of the interview, the job will be offered to the candidate(s).
An entry-level employee working at Baker Hughes will earn an average of ₦3 million yearly.
Baker Hughes intends to reduce and eventually eliminate its carbon emissions into the environment to promote environmental sustainability.
In 2017, more than 400 ex-employees of Baker Hughes staged a peaceful protest to oppose their sudden and unlawful layoff from the company.