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HMH - HMHPayout

HMH Inc. is a premier global provider of high-specification drilling equipment and services, catering to both the offshore and onshore oil and gas industries. The company was formed through the strategic merger of Baker Hughes’ Subsea Drilling Systems business and Akastor’s MHWirth business, bringing together over a century of combined engineering heritage and innovation. HMH offers a comprehensive portfolio of products and services, including pressure control equipment, drilling riser systems, and automated drilling solutions designed to enhance safety and operational efficiency in the most challenging environments. The company's operations are divided into two primary segments: Equipment and Services. The Equipment segment focuses on the design and manufacture of advanced drilling hardware, while the Services segment provides aftermarket support, including maintenance, repair, and spare parts, ensuring the longevity and reliability of its global installed base. With a presence in major energy hubs worldwide, HMH leverages advanced digital technologies and a robust global supply chain to serve a diverse customer base of drilling contractors and energy companies. The company is committed to driving the energy transition by developing more efficient and lower-emission drilling technologies while maintaining its leadership in traditional oil and gas equipment markets.

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