Pakistan's Bid to Boost Energy Security May Yield Profits for Baker Hughes The recent multi year contract between Baker Hughes and Pakistan's Oil & Gas Development Company is a prime example of how mature assets can be revitalized, providing a vital source of untapped domestic energy supply.
The agreement has significant implications for both parties involved.
Baker Hughes' involvement in Pakistan's oil and gas sector is not new; however, this contract represents a notable development in the company's strategy to maximize production from existing assets.