Baker Hughes expands presence in Asia with new chemicals facility in Singapore

KUALA LUMPUR, Aug 17 (Bernama) -- Energy technology company, Baker Hughes is expanding its presence in Asia by opening a new oilfield services chemicals manufacturing facility in Singapore, enabling manufacturing optimisation and faster delivery of fit-for-purpose chemical solutions.

“Baker Hughes has a longstanding commitment to localisation in the region. By investing in this facility, we are enabling job creation, enhancing supply chain practices, and streamlining our operations,” said its chairman and chief executive officer, Lorenzo Simonelli, in a statement.

Meanwhile, executive vice president for oilfield services Maria Claudia Borras said: “The opening of the Singapore chemicals manufacturing facility significantly expands our ability to serve the Asia-Pacific region’s oilfield services industry.

“The opening of this facility is aligned to our vision of supporting customers’ needs and investing for growth in the increasingly important chemicals sector. We are proud to make this investment, and I am excited for the opportunities that lie ahead.”

The facility, which spans approximately 40,000 square metres, will manufacture, store and distribute chemical solutions for upstream, midstream, downstream, and adjacent industries to support regional customers and boost Baker Hughes localisation efforts.

According to the statement, the new facility builds on Baker Hughes’s recent strategy to source and produce chemicals in proximity to key demand hubs, including the announced chemicals joint-venture company with Dussur in Saudi Arabia.

In conjunction with the facility opening, the Baker Hughes Foundation also announced it is in discussions to contribute a US$100,000 (US$1=RM4.46) grant with the Singapore Management University to help drive positive social change in Singapore.

-- BERNAMA