Baker Hughes Expands Margham Gas Storage Project Involvement
03.31.2025 By Tank Terminals - NEWS

March 31, 2025 [Rigzone]- Baker Hughes Co. has secured a multi-year contract with Dubai Petroleum Establishment (DPE), on behalf of Dubai Supply Authority (DUSUP), to provide integrated coiled-tubing drilling services for the Margham Gas storage project.

 

The project aims to help ensure stability of energy supply in Dubai by strengthening the system’s ability to switch between natural gas and solar power, Baker Hughes said.

Baker Hughes is already providing its Integrated Compressor Line (ICL) units for gas storage, injection, and export.

“Baker Hughes has built a reputation as a leader in coiled-tubing drilling and mature assets solutions, and we bring a track record of success across the region to this important project”, Amerino Gatti, executive vice president of Oilfield Services & Equipment at Baker Hughes, said in a statement. “Our integrated solutions approach combines industry-leading technology and expertise across the energy value chain to help DPE scale up and develop reliable, secure, and lower-carbon power solutions for their country”.

Baker Hughes will use a combined approach of coiled-tubing drilling and under-balanced drilling, incorporating its CoilTrak BHA system, to enhance underground gas storage projects. The company said the CoilTrak system’s ability to improve horizontal drilling navigation and maximize reservoir contact is essential to these operations.

Days earlier Baker Hughes announced a multi-year fully integrated completions systems contract from Petrobras to optimize production across multiple deepwater fields. Baker Hughes said that through this agreement, Petrobras will utilize the SureCONTROL Premium interval control valve, which provides enhanced reliability in the high flow rates of Petrobras’ offshore fields.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

AI Loses Its Shine as Money Rotates Back Into Big Oil
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- Big Tech plans to spend hundreds of billions on AI this year, the ... Read More
Shell’s Oil Reserves Have Dropped to Lowest Levels Since 2013
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an explor... Read More
China's LNG Imports Set to Recover in 2026 Though Not to 2024 Level
02.10.2026 - NEWS
February 10, 2026 [Reuters]- China’s liquefied natural gas imports are set to rise in 2026 ... Read More
Petredec and Carnot Engines Partner on Next-Generation Engines
02.10.2026 - NEWS
February 10, 2026 [Storage Terminals Magazine]- Petredec, a global leader in the liquefied petrol... Read More