BAKER HUGUES AND BP TO DEVELOP CORDANT INTEGRATED SUITE

March 09, 2023

Baker Hughes, an energy technology company will collaborate with bp, the global integrated energy company, on further defining and developing Cordant, a new Baker Hughes integrated suite of solutions for asset performance management and process optimization.
Cordant enables the standardization of asset health and strategy by integrating operational data within a probabilistic model, simultaneously optimizing the resource and cost structure without negatively impacting plant availability or production output. As part of the collaboration, bp will deploy OnePM, a Cordant asset strategy solution in select locations across its Gulf of Mexico production assets, where Baker Hughes currently has a large installed base of rotating equipment, controls, and associated digital services. The companies will look for opportunities to expand this collaboration across other regions in the future.
(Source: Baker Hughes)