Podcast: What the Chart and Baker Hughes takeover tells us
The unexpected takeover of Chart Industries by Baker Hughes illustrates how energy sectors are moving closer together in an age of decarbonisation, technological change and increasing competition.
That’s the view of gasworld Content Director Rob Cockerill, speaking on the latest 1895 podcast, reflecting on the biggest news of the week, and one of the biggest stories this year.
“It feels there is a middle ground where everyone is coming together,” he said, echoing comments made in a column published shortly after the news broke.
“This is all about how two sectors are coming together, in terms of oil and gas services [Baker Hughes] and cryogenics and gas handling [Chart]. Will we see more acquisitions? It could be uncomfortable reading for traditional executives in the industrial gas sector but that could be what happens next.
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