Tech boost: Baker Hughes buys stake in a provider of case-based reasoning software
01 September 2011 22:30 GMT
Oilfield services giant Baker Hughes has bought a minority stake in the energy arm of Noway’s Verdande Technology, a provider of case-based reasoning (CBR) software for energy companies.
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Privately held US player Samson Energy plans to sell off its deep-water oil and gas business, a portfolio that includes stakes in a number of high-profile Gulf of Mexico discoveries and prospects.
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