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Baker Hughes Business in Iraq with PetroChina Offsets Decline in Middle East Markets

Baker Hughes Secured a huge deal with PetroChina.

Baker Hughes (GE Company) has secured the largest ever turbo machinery and process solutions agreement with Petrochina for their operations in Halfway oilfield in Iraq. 

This, they say, offsets the decline in most major markets in the Middle East; in addition to this, their rig count in Iraq and UAE also contributes to the growing economy in Iraq. 

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