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Drilling & production - 21 March 2022

Baker Hughes acquires Altus Intervention

Altus Intervention, headquartered in Norway and operating in 11 countries, specialises in fully integrated well intervention solutions, including proprietary technology.


KCA Deutag suspends new investments in Russia

In a statement, Joseph Elkhoury, KCA Deutag's CEO, said the company had suspended all new investments in Russia and is evaluating its options relating to its Russian business.