Geoinform, a unit of Hungarian oil and gas company MOL, has signed a strategic cooperation agreement with United States-based Baker Hughes, MOL's press office said on Monday.
According to the announcement, Geoinform, which is a major service provider in the Hungarian hydrocarbon and geothermal industry, aims to increase its role in research and production in the Central and Eastern European region by introducing modern and innovative oil industry technologies.
The cooperation covers the introduction of new service activities, equipment maintenance and operation, leasing, technical support, technical consulting, and professional training programs, they explained.
The announcement also highlighted that Baker Hughes provides technical and service support covering the entire energy chain, from exploration to production and data processing to interpretation, with a focus on solutions that emphasize energy efficiency and digitalization.
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