Baker Hughes Launches Global Mature Assets Network
The network links customer collaboration centers and energy hubs to support retirement and repurposing of aging oil and gas wells.
Updated on Nov. 3, 2026 in Oil and Gas
Baker Hughes has launched a global Mature Assets Solutions hub network for oil and gas operators, announced November 3 at the ADIPEC conference in Abu Dhabi. The hubs span collaboration centers in the United States, Brazil, Norway and Angola, along with energy hubs in the Middle East and Malaysia.
Why it matters
Mature fields are expected to account for approximately 80% of global oil and gas production by 2030, making well retirement and repurposing a growing operational priority. The network is designed to share technical expertise across regions to address that shift.
Subsea well abandonment under the Petrobras project took less than 20 days during the first year, with the Pakistan OGDC project covering more than 120 wells and the Kuwait KOC pilot covering 11 wells. The source does not compare these timings against conventional methods or report results beyond the first year.
The players
Baker Hughes
A major oilfield services company that provides technology and services across the oil and gas industry.
Petrobras
Brazil's state-controlled oil company, which partnered with Baker Hughes on an integrated well abandonment project.
Oil & Gas Development Company (OGDC)
Pakistan's largest oil and gas exploration and production company, which began a multi-year well project with Baker Hughes.
Kuwait Oil Company (KOC)
The state-owned upstream operator of Kuwait's oil fields, which is running a polymer-flood pilot with Baker Hughes.
The details
The hubs combine Baker Hughes' regional and global expertise in subsurface operations, wellbores, surface facilities and artificial intelligence to deliver outcome-based offerings for retiring and repurposing wells. In Brazil, the company worked with Petrobras on an integrated workover and well abandonment project, and in Kuwait it is running an integrated polymer-flood pilot with Kuwait Oil Company.
Timeline
November 3, 2026: Baker Hughes announces the Mature Assets Solutions hub network at the ADIPEC conference in Abu Dhabi.
Market Landscape
The projection that mature fields will supply about 80% of global oil and gas output by 2030 makes well retirement and repurposing a central competitive area for oilfield service providers. Baker Hughes is positioning its regional network against rivals by offering integrated, outcome-based services across mature asset lifecycles.
For operators and service buyers, the network points to faster, integrated well retirement options in regions with large mature asset bases. Consumers are not directly affected, but the efficiency of well abandonment and repurposing can influence long-term operating costs for producing companies.
The takeaway
As output from aging fields becomes a larger share of global supply, coordinated well retirement and repurposing will shape how efficiently operators manage their portfolios.
Further reading
For more on how aging fields are being managed, explore Oil and Gas coverage.
