Baker Hughes Expands Namibian Presence with Liquid Mud Plant, Cement Bulk and Multi-Modal Facilities
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Baker Hughes has expanded its operations in Namibia by opening a new liquid mud plant, cement bulk facility, and integrated multi-modal facility. This move aims to support Namibia's growing energy industry and enhance localization opportunities.
November 21, 2024 | 1:15 pm
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Baker Hughes has opened new facilities in Namibia to support the local energy industry, which could enhance its market presence and growth in the region.
The opening of new facilities in Namibia by Baker Hughes is a strategic move to tap into the growing energy market in the region. This expansion is likely to enhance the company's market presence and could lead to increased revenues from the region, positively impacting its stock price in the short term.
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