Baker Hughes(BKR) - 2023 Q3 - Earnings Call Transcript

Lorenzo Simonelli - Chairman and Chief Executive Officer Conference Call Participants We also expect an increasing customer focus on efficiency gains and emissions reductions, offering meaningful opportunities for our IET and OFSE digital businesses, as we further deploy our Lucifer, Coordinate and Flare reduction solutions during this horizon. To illustrate, the IEA estimates that improving efficiencies by just 10% across oil and gas operations would save almost half a gigaton of CO2 per year, which is equ ...