Oil & Gas Equipment & Services
Case studies in oil & gas equipment & services.
Baker Hughes: governing the Chart integration
On July 16, Baker Hughes completed its acquisition of Chart Industries. Twelve days later, the transaction had become an operating-design question. Baker Hughes had described Chart as a third reporting segment while also targeting shared procurement, support functions, manufacturing practices, engineering and commercial coordination, and lifecycle services. Read case
Halliburton: Choosing where to scale next
Halliburton serves oil and gas producers across the life of a reservoir, from subsurface analysis and drilling through completion, intervention, and production. The company operates in more than 70 countries with over 46,000 employees. Its reported businesses span two segments: Completion and Production (C&P), and Drilling and Evaluation (D&E). Read case
SLB at the Data-Center Edge: Can Kelvion Make the Offer More Strategic?
On August 31, 2026, SLB announced an agreement to acquire Kelvion, a global provider of thermal-management and heat-exchange technologies. The transaction would add cooling capabilities to SLB’s growing Data Center Solutions (DCS) business. Read case
Solaris Energy Infrastructure: How fast should the fleet grow?
On November 7, 2024, Solaris Energy Infrastructure filed its third-quarter report. The company had spent the previous year moving beyond its oilfield-services roots. In July it agreed to acquire Mobile Energy Rentals (MER), a mobile power-generation business. Read case