Geoinform, subsidiary of the MOL Group, signs strategic cooperation agreement with Baker Hughes
Geoinform Ltd., one of the leading service providers in Hungary’s hydrocarbon and geothermal sectors, has signed a strategic cooperation agreement with Baker Hughes, an energy technology company. The collaboration aims to introduce state-of-the-art, innovative oil and gas technologies capable of meeting emerging market demands and significantly increasing the operational efficiency of the industry.
The agreement was signed by András Dianovszki, managing director of Geoinform Ltd.; Tayo Akinokun, senior vice president, global Geozones at Baker Hughes; and Alexis Devis, managing director, Continental Europe and Caspian Geozone for Baker Hughes during Baker Hughes’ Annual Meeting in Florence, Italy.
The cooperation between the two companies paves the way for integrated solutions that provide effective, sustainable, and technologically advanced responses to the future challenges of the energy market. Among other areas, it covers the introduction of new service activities, asset maintenance and operations, equipment rental, technical support, engineering consultancy, as well as professional training programs.
Baker Hughes provides large-scale, integrated engineering and service capabilities that can offer long-term stability and international technological advantage for Geoinform. Its services cover the full energy value chain - from exploration and production to data processing and interpretation - with a strong focus on modern, energy efficient, digital solutions.
“The cooperation agreement with Baker Hughes marks another important milestone in the development of Geoinform Ltd. The jointly applied modern technologies will enable us to offer our clients even higher quality, faster, and more efficient technical solutions. We firmly believe that this longstanding collaboration, now elevated to a new level, creates significant value for domestic and regional energy industry players,” said András Dianovszki, managing director of Geoinform Ltd.
Baker Hughes is globally recognized for its market-leading innovations, while Geoinform is a key service provider in Central and Eastern Europe. The collaboration will help support sustainable operations and contribute to ensuring that domestic and regional energy industries gain access to modern, safe, and environmentally conscious technologies. The agreement will also help Geoinform enhance its role in exploration and production across the Central and Eastern European region by deploying technologies developed by Baker Hughes and applying modern engineering solutions.
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