Baker Hughes: Predicts long-term upward trajectory of global energy demand

At the recent OPEC seminar, Baker Hughes struck a pragmatic tone — acknowledging today’s volatility while emphasizing the long-term upward trajectory of global energy demand. The message was clear: the world will need more energy, not less, and the oil and gas industry must be ready to meet that challenge.


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Baker Hughes is positioning itself at the intersection of conventional and new energy. The company continues to play a critical role in supporting traditional oil and gas operations globally, particularly in fast-growing regions like Southeast Asia, Latin America, and Africa. But the future focus is increasingly tilted toward cleaner technologies, with hydrogen leading the charge.

Already, Baker Hughes has deployed hydrogen-ready gas turbines and compression equipment at major projects like NEOM in Saudi Arabia — a sign of the company’s technical readiness and strategic alignment with national energy goals. Saudi Arabia’s heavy investment in hydrogen underscores its expected leadership in this evolving space, even as global momentum builds gradually.

In the U.S., Baker Hughes remains optimistic. Despite political shifts and ongoing policy debates, the company sees a steady flow of project opportunities in hydrogen, CO₂, and natural gas infrastructure. Recent legislation has retained key tax credit mechanisms, and Baker Hughes expects continued growth in renewables both at home and abroad.

As the world navigates the complex path to a balanced energy future, Baker Hughes is building the infrastructure — and the strategy — to deliver across all fronts.


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