Press Releases September 4, 2026 07:00 AM

Baker Hughes Awarded Offshore Production Enhancement and Stimulation Services Contract by bp

Baker Hughes secures major offshore production enhancement contract with bp in the UK North Sea

By Hana Yamamoto
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Baker Hughes announced a significant contract award from bp to provide advanced offshore stimulation services across bp's UK North Sea operations. The contract involves deploying a vessel-based stimulation solution using their StimFORCE™ modular package to support new well development and enhance production from mature fields, aiming to improve operational reliability and reservoir recovery.

Baker Hughes Awarded Offshore Production Enhancement and Stimulation Services Contract by bp
BKR
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Key Points

  • Baker Hughes awarded a major offshore stimulation services contract by bp for UK North Sea operations.
  • Deployment of their vessel-based StimFORCE™ modular stimulation solution will support efficient well completions and production enhancements.
  • Contract aims to enhance reservoir recovery and operational flexibility on both new and mature fields, supported by local UK base and supply chain.
  • Significant contract supports new well development and production enhancement across bp's UK North Sea operations
  • Advanced modular stimulation solution designed to support efficient well completion, operational reliability and enhanced reservoir recovery

HOUSTON and LONDON, Sept. 04, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Friday a significant award from bp to provide offshore stimulation services across the company’s UK North Sea operations. The award supports both new well development and enhanced recovery from mature fields.

Under the agreement, Baker Hughes will deploy a vessel-based stimulation solution featuring its proven StimFORCE™ modular stimulation package to support well completions and production enhancement activities. Supported by a UK operating base and an established local supply chain network, the solution is designed to enhance operational reliability, minimize non-productive time and optimize recovery. The dedicated vessel solution provides both schedule and operational flexibility, enabling stimulation activities to be executed efficiently.

"By combining our vessel-based stimulation expertise, advanced intervention technologies and production optimization capabilities, we are well positioned to help bp enhance reservoir performance, increase operational flexibility and unlock additional value from both new and mature fields across its North Sea portfolio,” said Baker Hughes Executive Vice President of Oilfield Services & Equipment Amerino Gatti.

Baker Hughes has a long-standing presence in the UK, helping offshore operators optimize reservoir performance across the well lifecycle through advanced drilling, completions and intervention technologies.

About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

For more information, please contact:

Media Relations

Kirk Eggleston
+1 346.521.8438
[email protected]

Investor Relations

Chase Mulvehill
+1 346-297-2561
[email protected]
   


Risks

  • Operational risks related to deployment of advanced stimulation technology offshore, including potential delays or technical challenges impacting production schedules.
  • Dependence on bp's project timelines and budget allocations, which could change affecting contract scope or revenue.
  • Market risks due to volatility in oil prices which could impact future investments and services demand in the North Sea oil sector.

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