Baker Petrolite Acquires DBM Oil Chemicals B.V.

SUGAR LAND, Texas – July 24, 2006 – Baker Petrolite, a division of Baker Hughes Incorporated, has acquired DBM Oil Chemicals B.V., based in Rotterdam, the Netherlands. This acquisition will support the growth of the Baker Petrolite fuel additives business, including the Prepared to Respond® (P2R®) Services business segment. The P2R Services Program provides 24-hour, year-round worldwide chemical response service to cargo and tanker owners, and suppliers for onsite chemical treatment of fuel oil, crude oil, and distillate fuel cargo in order to meet the buyer’s specifications.

“We continue to grow to meet the needs of our customers during their most difficult circumstances by providing them with superior service supported by innovative chemistry and proven technology that brings value to a wide range of applications,” said Frank Niznik, World Wide P2R Services Sales Manager.

“This acquisition, coupled with our vast experience of handling emergency situations, is an excellent strategic fit that will aid in the growth of P2R Services in Europe, Russia, and areas in the Middle East,” said Michael Nicholson, Baker Petrolite Business Development Manager, Fuel Additives and P2R Services.

“We will maintain our focus of servicing distressed oil cargoes, as well as the upgrading of these cargoes for trading profits,” concluded Jerry Basconi, Vice President and General Manager of the Downstream Industrial group.

Baker Petrolite, a division of Baker Hughes Incorporated, is a world leader in providing chemical, engineering and technology solutions to the global hydrocarbon recovery and processing.

Baker Hughes is a leading provider of drilling, formation evaluation, completion, and production products and services to the worldwide oil and gas industry. ###

CONTACT:
Baker Petrolite, Communications Services
Susan Bourgain, 281 275 7253
susan.bourgain@bakerpetrolite.com

Baker Petrolite Marketing
Andrew McCallum, 281-276-5422
andrew.mccallum@bakerpetrolite.com

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Baker Hughes Acquires Equity Stake in Verdande Energy

HOUSTON, Sept. 1, 2011 /PRNewswire/ -- Baker Hughes (NYSE: BHI) and Verdande Technology AS announced today that a subsidiary of Baker Hughes has acquired a minority equity stake in Verdande Energy AS, a subsidiary of Verdande Technology AS, and will become a user of Verdande Technology's case-based reasoning (CBR) software platform for oil and gas applications.

This CBR technology, called DrillEdge™, is a real-time intervention tool constructed on the principle of case-based reasoning, a problem-solving process that identifies similar issues from relevant wells drilled in the past and offers similar solutions. This immediate intervention-while-drilling response provides a thorough, fast and practical real-time bridge between past experience and current operations. Under the terms of the agreement, Baker Hughes will be involved in further developing the capabilities.

"The DrillEdge platform is expected to help operators lower risk, increase their rate of penetration and reduce non-productive time while drilling," says Scott Schmidt, president of Drilling and Evaluation for Baker Hughes. "Integrating this capability into our portfolio of real-time optimization and remote drilling services complements our BEACON remote operations platform. The technology is expected to help our customers expand their understanding of their wells without increasing their workload as they continue to drill more demanding and technically challenging wells."

"This strategic arrangement delivers immense benefits to our customers seeking to improve drilling performance and drive operational efficiencies by joining our technology with Baker Hughes' extensive network," says Lars Olrik, chief executive officer of Verdande Technology. "It helps a small company like ours strengthen its place in the market, access a global support and operational network and further develop the technology at a more rapid pace."

About Baker Hughes

Baker Hughes provides reservoir consulting, drilling, formation evaluation, completions, pressure pumping and production products and services to the worldwide oil and gas industry.

About Verdande Technology

Verdande Technology AS was founded in 2004 by a group of professors and students at the Norwegian University of Science and Technology (NTNU) in Trondheim. The technological platform for the products use the so-called CBR methodology (case-based reasoning), and is based on research from NTNU. Verdande Technology is headquartered in Trondheim, Norway, with regional offices in Houston, Texas. The company remains privately funded by Statoil Venture/ProVenture Seed AS, Investinor, founders and employees. DrillEdge technology is a trademark of Verdande Technology AS.

Forward-Looking Statement

This news release (and oral statements made regarding the subjects of this release) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (each a "Forward-Looking Statement"). The word "will," "expected," and similar expressions are intended to identify forward-looking statements. There are many risks and uncertainties that could cause actual results to differ materially from our forward-looking statements, including successful further development of the DrillEdge platform and the successful integration of the DrillEdge platform with other Baker Hughes products and services. These forward-looking-statements are also affected by the risk factors described in the company's Annual Report on Form 10-K for the year ended Dec. 31, 2010; the company's subsequent quarterly reports on Form 10-Q for the quarterly periods ended Mar. 31, 2011 and Jun. 30, 2011; and those set forth from time to time in our other filings with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statement.

SOURCE Baker Hughes

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Baker Hughes Acquires Zeroth Technology Limited

HOUSTON, Dec. 2 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated(NYSE: BHI; EBS) announced today that it has acquired all of the outstandingshare capital of Zeroth Technology Limited ("Zertech"), a privately ownedcompany based in Aberdeen, Scotland. Zertech has developed and patented aunique, non-elastomer, expandable metal sealing element that is currentlymarketed in well intervention applications. Zertech's current customersinclude major oil and gas exploration and production companies in the UnitedKingdom, Norway and the Middle East. Interest in its sealing technology isgrowing in other producing areas of the world.

Zertech was recently awarded the International Coiled Tubing AssociationEuropean Chapter Award for Innovation and Technology. This award is presentedannually to recognize oilfield operating and service companies who demonstratethe application of technical innovation in the area of well intervention.

Forward Looking Statements

This news release (and any oral statements) may contain forward-lookingstatements within the meaning of Section 27A or the Securities Act of 1933, asamended, and Section 21E of the Securities and Exchange Act of 1934, asamended. Forecasts regarding the revenues of Zertech are based on informationprovided by the prior owners of Zertech. These forecasts may be substantiallydifferent from actual results. Additional information and risk factors arecontained in our Form 10-K for the fiscal year ended December 31, 2004 andother filings with the SEC about the risks and uncertainties that could causeactual results to be different. The company's SEC filings can be viewed athttp://www.bakerhughes.com . The company assumes no responsibility to updateany of the information referenced in this news release.

Baker Hughes is a leading provider of drilling, formation evaluation,completion and production products and services to the worldwide oil and gasindustry.

**** NOT INTENDED FOR BENEFICIAL HOLDERS Contact: Gary R. Flaharty (713) 439-8039 H. Gene Shiels (713) 439-8822

SOURCE Baker Hughes Incorporated

CONTACT: Gary R. Flaharty, +1-713-439-8039, or
H. Gene Shiels, +1-713-439-8822,

both of Baker Hughes Incorporated

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