The deal consolidates a wide array of Baker Hughes’ chemical technologies, including demulsifiers, corrosion inhibitors, and renewable additives. These products are engineered to enhance operational reliability and maintain environmental compliance while reducing nonproductive time at Marathon’s sites. Although the companies did not disclose the financial terms of the arrangement, the move significantly expands a commercial relationship that has existed for more than 30 years.
In section Market Quotes
Baker Hughes Wins Multiyear Chemical Supply Deal with Marathon Petroleum
Baker Hughes has secured a multiyear agreement to serve as the preferred downstream chemicals supplier for Marathon Petroleum’s U.S. operations. The partnership covers 12 oil refineries and two renewable-fuel facilities, streamlining the delivery of specialized treatments and digital monitoring tools across the refiner's domestic network.
Optimizing the Refining Process
According to Amerino Gatti, executive vice president of oilfield services and equipment at Baker Hughes, the agreement reflects a broader industry need for refiners to remain flexible and efficient. The integration of digital-monitoring solutions is expected to provide real-time data on chemical performance, allowing for more precise adjustments during the refining process.The scope of the supply agreement includes several critical categories:
- Hydrocarbon-treatment products for traditional refining.
- Specialized additives for renewable fuel production.
- Corrosion control technologies to protect infrastructure.
- Digital tools for asset health and performance tracking.
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