US energy services giant Baker Hughes reported a net loss of $839 million in the second quarter of the year, down from a $68 million loss in the same period last year, partly due to a $365 million charge in relation to its suspension of operations in Russia.

Russia’s invasion of Ukraine also affected revenue from its various businesses.

The company suspended work on equipment and service contracts in Russia for its turbomachinery services business, impacting revenue by $160 million.