Baker Hughes CEO Says New Tech Can Release 16 Billion More Oil Barrels

The video features an interview with Lorenzo Simonelli, CEO of Baker Hughes, discussing the company's strong performance and technological advancements in oil recovery. Simonelli highlights the potential of new technologies like Subsea Connect to enhance oil recovery rates, particularly in regions like the North Sea and Middle East. The discussion also covers the balance between brownfield and greenfield projects, the impact of new technologies on global oil supply, and exploration opportunities in underexplored regions such as Alaska and the Arctic.

Who is the CEO of Baker Hughes mentioned in the video?

• Michael Johnson

• Jane Smith

• John Doe

• Lorenzo Simonelli

What is the estimated potential of the Subsea Connect technology in terms of oil barrels?

• 10 billion barrels

• 16 billion barrels

• 20 billion barrels

• 25 billion barrels

What is the focus of new independent players in the oil industry according to the video?

• Nuclear energy

• Renewable energy

• Brownfield opportunities

• Greenfield projects

Which region is highlighted as having new exploration opportunities?

• Middle East

• Gulf of Mexico

• Alaska

• North Sea

Which area is mentioned as having older oil fields with new opportunities?

• East Asia

• Central Europe

• South America

• West Africa