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Baker Hughes unveils new HQ in Houston's Energy Corridor

Baker Hughes has officially moved into its new headquarters in Houston. Photo via bakerhughes.com

Houston-based Baker Hughes officially opened the doors to its new headquarters in the Energy Corridor last week.

At a celebration held Oct. 23, the energy service company unveiled its new space within Energy Center II at 575 N. Dairy Ashford. The move represents a consolidation of Baker Hughes' various offices in the Houston-area as the company decreases its corporate footprint by about 346,000-square-feet, according to a report from the Houston Chronicle.

It is moving from its former headquarters in North Houston, near IAH. About 1,300 employees will work from the building, according to a statement from Baker Hughes.

“The opening of our new Houston headquarters is an important moment in our strategic transformation as we continue to take energy forward,” Lorenzo Simonelli, Baker Hughes chairman and CEO, said in a statement. “Collaboration will be key to solving for the energy transition. We look forward to collaborating with our colleagues, partners, customers and new neighbors in the Energy Corridor to solve the Energy Trilemma.”

Additionally, the company reported that the new space will aim to help the company reduce costs, cut emissions, create more flexible workspaces and strengthen relationships within the Energy Corridor.

The new HQ includes features such as

  • Tech- and food-free quiet zones
  • Hybrid experience rooms for enhanced online meetings
  • About 25 open collaboration spaces
  • About 40 meeting rooms, including hybrid meeting rooms and a creative thinking room
  • About 12 community spaces
  • Nursing mothers suites
  • Prayer and meditation rooms

In other HQ news, ExxonMobil officially changed its headquarters to Houston over the summer. A July 5 filing with the United States Securities and Exchange Commission showed a significant step toward the HQ move that Exxon originally announced in early 2022.

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A View From HETI

SLB and Nevada-based Ormat Technologies are aiming to scale enhanced geothermal systems. Photo courtesy SLB

Houston-based energy technology company SLB and renewable energy company Ormat Technologies have teamed up to fast-track the development and commercialization of advanced geothermal technology.

Their initiative focuses on enhanced geothermal systems (EGS). These systems represent “the next generation of geothermal technology, meant to unlock geothermal energy in regions beyond where conventional geothermal resources exist,” the companies said in a news release.

After co-developing EGS technology, the companies will test it at an existing Ormat facility. Following the pilot project, SLB and Nevada-based Ormat will pursue large-scale EGS commercialization for utilities, data center operators and other customers. Ormat owns, operates, designs, makes and sells geothermal and recovered energy generation (REG) power plants.

“There is an urgent need to meet the growing demand for energy driven by AI and other factors. This requires accelerating the path to clean and reliable energy,” Gavin Rennick, president of new energy at SLB, said in a news release.

Traditional geothermal systems rely on natural hot water or steam reservoirs underground, limiting the use of geothermal technology. EGS projects are designed to create thermal reservoirs in naturally hot rock through which water can circulate, transferring the energy back to the surface for power generation and enabling broader availability of geothermal energy.

The U.S. Department of Energy estimates next-generation geothermal, such as EGS, could provide 90 gigawatts of electricity by 2050.

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