Turboexpander Market

Company Headquarters: United States Founded: 1987 Workforce: 54,000 Company Working: Baker Hughes Company (Baker Hughes or 'the company') formerly Baker Hughes, a GE company LLC, is an oilfield services company that offers oilfield products, services and digital solutions. Baker Hughes operates in the Americas, Europe, Asia Pacific, Africa, and the Middle East. It owns or leases service centers, blend plants, workshops and sales and administrative offices across the world. Baker Hughes operates through four reportable business segments: Oilfield Services, Oilfield Equipment, Turbomachinery and Process Solutions and Digital Solutions. The Oilfield Services segment offers products and services supporting offshore operations including evaluation, completion, abandonment, drilling, production and intervention. Its offerings include drill bits; drilling services, including measurement-while-drilling, directional drilling, and logging-while-drilling; drilling fluids; wireline services; completions, including tools, systems, and fluids; well intervention; pressure pumping; artificial lift systems; oilfield and industrial chemicals; and integrated well services. It owns and leases facilities in the US, Canada, Germany, Norway, Scotland, the UK, Brazil, Singapore, India, the UAE, Saudi Arabia, Angola and Nigeria. In FY2020, the Oilfield Services segment reported revenue of US$10,140 million, which accounted for 49% of the company’s revenue. The Oilfield Equipment segment provides a wide portfolio of mission critical products and services utilized during drilling and over the life of a field. Its offerings include subsea production systems (SPS), flexible pipe systems for subsea flowlines, subsea and surface drilling equipment, risers and onshore pipes, surface pressure control solutions, surface and subsea wellheads, subsea well intervention solutions and related service solutions. It owns and leases facilities in the US, the UK, Brazil, China and Saudi Arabia. In FY2020, the Oilfield Equipment segment reported revenue of US$2,844 million, which accounted for 13.7% of the company’s revenue. The Turbomachinery and Process Solutions segment offers flow control, drivers, turnkey and driven equipment solutions. The company provides equipment and related services for mechanical-drive, compression and power-generation applications across the oil and gas industry and energy industry, the on-and-offshore, , pipeline, LNG and gas storage, refining, petrochemical, distributed gas, flow and process control and industrial segments. It owns and leases facilities in the US, Italy, France and India. In FY2020, the Turbomachinery and Process Solutions segment reported revenue of US$5,705 million, which accounted for 27.6% of the company’s revenue. The Digital Solutions segment provides hardware technologies with enterprise-class software products and analytics to connect industrial assets, providing customers with the data, safety and security needed to reliably and efficiently improve operations. Its offerings include industrial controls, condition monitoring, measurement, non-destructive technologies, sensing, and pipeline solutions. It owns and leases facilities in the US, the UK, Ireland and Germany. In FY2020, the Digital Solutions segment reported revenue of US$2,015 million, which accounted for 9.7% of the company’s revenue. Geographically, the company operates through two regions: the US and Non-US. In FY2020, Non-US accounted for 77.6% of the company’s total revenue, followed by the US (22.4%).

L.A. Turbine (LAT) is a leading design and manufacturing company that specializes in turboexpanders that are highly engineered and are application specific. These turboexpanders are industrial applications that include hydrocarbon processing, geothermal power generation, power recovery and/or refrigeration purposes. L.A. Turbine manufactures equipment that ranges from 100HP to vast 21,000 HP turboexpanders. They serve customers that deal in hydrocarbon & chemical processing, power generation, air separation, on- & off-shore markets. Some of their renowned customers include BP, Chevron, Exxon, Freeport LNG, Linde, Ormat, Shell, and Total.

Air Products — EnP

R&D Dynamics Corporation engages in the design and development of high-speed rotating machines supported on foil air/gas bearings. The company offers its foil bearing technology and other classes of rotating machines for aerospace, automotive, and industrial applications. R&D Dynamics Corporation’s product portfolio includes turbocompressors, turboexpanders, turbo-alternators, and air cycle machines under the compressed gas-driven machines; air/gas blowers & compressors and vapor cycle compressors under the electric/motor-driven machines, and small turbine engines and auxiliary power units under the fuel-driven machines. In addition to this, the company also offers an extensive portfolio of patents and intellectual property and continues to invest heavily in research & development, advancing core technologies such as next-generation foil air/gas bearings, high-speed electric motors and drives, and optimized air, refrigerant, and other gas cycles and systems.

Turbogaz develops and manufactures turboexpander equipment for the oil & gas industry and field equipment. The company is engaged in the development, manufacturing, and implementation of expander-compressors and expander-generators, including combined expander-generators, as well as other gas production equipment. It carries out engineering and development of design documentation in compliance with international standards API, ASME, DIN, etc., manufacturing of products at its own plant and their delivery to customers. Turbogaz also offers services related to maintenance, after-sales, personal training, installation, supervision, and commissioning. The company has almost 44 years of vast technical experience in the turboexpander market and has completed 387 projects over the years. Turbogaz has a major presence across Europe.

Cryostar engages in the provision of high-tech cryogenic equipment and services to the major gas companies. The company develops a wide range of equipment for the process industry. The company’s product and solution portfolio includes centrifugal pumps, reciprocating pumps, expanders, cryogenic compressors and blowers, small scale liquefaction/companders, heat exchangers/regasification, air gases cylinders filing stations, and LNG/ LCNG refueling stations. Cryostar also offers services related to training, repairs and maintenance, and on-site installation and commissioning. The company offers products and solutions for industrial gas, petrochemical process, clean power generation applications, and others. Cryostar has a robust geographic reach with a presence in 7 countries and 11 sites.