Megan Lund

Our onshore oil business bpx Energy aims to lead the industry in emissions reduction. Check out the video below to see how we leverage innovative technology partners like Insight M to help accurately measure our progress.

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August marks Black Business Month, a time to celebrate the contributions of Black entrepreneurs and acknowledge their vital role in driving innovation and economic growth. In honor of Black Business Month, I want to take a moment to celebrate our impactful supplier diversity program at Baker Hughes and recognize the new standards and best practices our team is setting in corporate supplier diversity programs. Diverse suppliers give us a competitive advantage. This goes beyond just strengthening our supply chain – it’s about harnessing their creativity and agility, which fuels innovation and operational excellence. 👉 Learn more about our commitment to supplier diversity: https://lnkd.in/eN5jKiRr #NationalBlackBusinessMonth #BlackBusinessMonth2024 #WeAreBakerHughes #SupplierDiversity #Diversity #Equity

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I recently attended the Oil and Gas Holiday Social, where industry leaders came together for a roundtable discussion on workforce strategies for 2025. Huge thanks to Jeff Nugent for coordinating, AJ Sarvarian, CCWP (and Phillips 66) for hosting, and Brian Hoffmeyer, Sara Lager, Thomas Cantando (Beeline), and Craig Huntley (TapFin) for sponsoring the event. One big takeaway for me was the need to better define Staff Augmentation and Statement of Work (SOW) and why understanding the difference matters. Here’s the breakdown: - Staff Augmentation is all about oversight. You’re delegating tasks to individuals with specific training, certifications, and background checks. It’s transparent, you know who’s doing the work and what you’re paying for, but it requires more hands-on management. - Statement of Work (SOW) is project-focused. You define the deliverable, hand it off, and get a finished product. While it can feel quicker, SOW comes with risks: you don’t control who’s doing the work, there’s no visibility into costs, and quality can suffer if specific expertise is required. The group discussed how businesses often lean on SOW for speed, but sometimes what’s labeled SOW is actually better suited for Staff Aug. Missteps here can impact compliance, cost, and outcomes. Key takeaway: Both models serve a purpose, SOW for complete project handoffs and Staff Aug when oversight and expertise are essential. It’s about helping businesses align the right model with the right need. Workforce planning is going to be a big part of what shapes oil and gas in 2025, and it was great to join in on these discussions. #OilAndGasIndustry #WorkforcePlanning

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What impact has the IRA and IIJA had on U.S. energy policy? During the Baker Hughes Annual Meeting 2024, esteemed panelists Jack Fusco, Paul Marsden, Mike Sommers and moderator, Rita Lofana, addressed this important topic and debated the potential scale of impact of the IRA and IIJA on the development of new energies globally and addressed the implications of the Biden-Harris administration's decision to temporarily pause on pending approvals of LNG exports. Watch the highlights video below for key takeaways from this engaging discussion and visit the #BHAM2024 proceedings page for more great content: https://lnkd.in/e4gPb4z8 #EnergizingChange #BakerHughes #Energy #EnergyTechnology #EnergyTransition #Innovation #WeAreBakerHughes

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Collaboration between companies and the government is going to be critical to solve the challenges we face reducing emissions whilst providing affordable and realiable energy. Policy certainty is one key element required. Conversations like these with The Low Carbon Contracts Company and ExxonMobil Low Carbon Solutions enables the sharing of perspectives to help find the collaborative solutions required to potentially bring investment to the UK.

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🌿💼 Great commentary Jeff Gitterman! We believe the overturning of Chevron Deference will only increase adoption of sustainable, responsible and impact (#SRI) investing in the long run. When the government is unwilling or unable to provide adequate protections for clean air and water, it is inevitable that shareholders will demand better environmental practices from the companies they own. #SustainableInvesting #ImpactInvesting #ResponsibleInvesting #CleanAir #CleanWater #ShareholderPower #FutureFinance https://lnkd.in/gSnAgevq

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Join us for the 2nd Annual Oil and Gas Mental Health and Suicide Prevention Summit: Sponsored by: Phillips 66, Baker Hughes, Chevron, ConocoPhillips, Exxon Mobil, Halliburton, TechnipFMC * In person and virtual registration links below. Mental Health and suicide trends are on the rise and the Oil & Gas industry is being directly impacted. Rates of mental health concerns and completed suicides are increasing in the industry and surpassing the US average rate of 14.1 per 100,000. If we were losing employees at this rate to any other hazard, our safety cultures would demand immediate and sustained action. It is proven that effective mental health programming saves lives, while improving safety, and productivity. We can take this opportunity to collaborate as an industry to address improvements in creating and maintaining cost effective cultures and programs that support the mental wellbeing of this unique workforce. Jill Makin Christine Nazari Rew David Nix Philip Cariello LPC-S, CEAP, SAP Kasia Curry https://lnkd.in/ge9qwMkT https://lnkd.in/gwJcYZY4

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Great discussion today with NOIA and CCS subject matter experts!

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NOV Inc., formerly National Oilwell Varco, is a global leader in the oil and gas industry, headquartered in Houston, Texas. With roots dating back to 1862 and 1893 through its predecessor companies, Oilwell Supply and National Supply. NOV has a long history of innovation in manufacturing and distributing pumps and derricks. Today, it operates across six continents, with over 500 locations, serving the upstream oil and gas industry through equipment, components, and supply chain integration services. NOV is structured into two main reporting segments: Energy Equipment and Energy Products and Services, offering a diverse portfolio of solutions across the energy sector. Its product and service lines include: Artificial Lift and Well Completions: Enhancing production efficiency. Digital Solutions: Optimizing operations through advanced technology. Drilling and Well Construction: Delivering cutting-edge tools for exploration and development. Flowback, Stimulation, and Well Control: Supporting critical operations in well management. Energy Transition: Investing in solutions like Hydrogen, Biogas, and Carbon Capture to support sustainable energy. Geothermal and Lithium Extraction: Expanding into renewable resources. Offshore and Onshore Production: Including Offshore Wind and Repurposing Rigs for renewable uses. Industrial Products and Midstream Solutions: Addressing the needs of diverse industries and infrastructure. NOV is also recognized for its expertise in Saltwater Disposal, Service and Repair, and Offshore Construction and Engineering, providing comprehensive lifecycle support for energy projects. This extensive range of capabilities positions NOV as a trusted partner for both traditional and renewable energy solutions, bridging the gap between legacy expertise and future energy needs.

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How do you solve a problem like greenhouse gas emissions at the Port of Houston? That's the challenge that two students, Mustafa Khan and Aaron Hinkle, are tackling at the University of Houston's Energy Transition Institute (ETI). Mustafa and Aaron are part of the Energy Scholars Program, which connects students with research faculty and industry partners on projects focusing on energy matters and is supported by the Baker Hughes Foundation. Find out how their project is shaping their vision for the future and what the energy transition means to them. #BakerHughes #BHStories #WeAreBakerHughes #GoGoogs #EnergyTransition

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Check out this post from Reese Energy Consulting

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👏 This is why US oil and gas production and processing is vital to the Energy Trilemma - a lower carbon energy source that's reliable, secure, and affordable. The industry has to continue pushing itself to do better, become more efficient, and continue to adopt technologies. 🥇 All while setting new records. This week, the U.S. Energy Information Administration latest report stated "[m]ore crude oil was produced in the United States during August 2024 than during December 2023, when the previous monthly record of 13.3 million b/d was set" **Lowering emissions while producing more hydrocarbons**

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Any new innovation improving commerciality is worth looking at.

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