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Image courtesy of BHGE

CORPORATE 100 SPECIAL SECTION | BHGE

BHGE values its employees and ensures that they retain quality employees with years of experience while routinely searching out new talent for its global team.

Another fundamental aspect of the safety culture is the idea of Stop Work, whereby any employee who sees something unsafe is not only allowed to stop the work, but is expected to do so. “If I saw someone walk past something I thought was dangerous, there’d be a serious conversation as to why the employee didn’t say something.” He says Stop Work action is fully supported by BHGE, and, in Alaska, the oil companies also fully support every worker’s right and obligation to work safely. “When you’re talking about the oil and gas industry, there is a huge cost involved in stopping; every minute costs. But we want our employees to have the wherewithal and confidence that they will be supported when they highlight something unsafe and Stop Work for an unsafe activity, and we will support them 100 percent.” Baker Hughes has a solid foundation in Alaska, operating in the state since 1980, but the company recently experienced a significant change. In July 2017, it completed a transaction that combined Baker Hughes with GE’s oil and gas business, creating BHGE. A July release stated, “The new company is the first and only to bring together industry-leading equipment, services, and digital solutions across the entire spectrum of oil and gas development.” Rhodes explains GE is the majority shareholder—owning 62.5 percent of the new company—and the remainder of the shares are quoted on the stock market. In the July release, new BHGE President and CEO Lorenzo Simonelli said, “BHGE has proven technologies and experience with the spirit of a startup, and our leadership team looks forward to quickly demonstrating the strengths of the new company.” In addition to the company’s excitement and optimism moving forward as a newlycombined organization, Rhodes says he is also cautiously optimistic about the oil and gas industry in Alaska and elsewhere. “Overall, I’m optimistic about the long-term outlook for the industry. We are seeing companies investing in Alaska, and they are investing in longer-term projects.” R

Tasha Anderson is the Associate Editor for Alaska Business. www.akbizmag.com

April 2018 | Alaska Business

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Profile for Alaska Business

Alaska Business April 2018  

Thank you to the Corporate 100 companies that provided an image—representing the corporation’s services, culture, or people—for our cover

Alaska Business April 2018  

Thank you to the Corporate 100 companies that provided an image—representing the corporation’s services, culture, or people—for our cover