By Aman Bakiyev

Copyright trend

ASHGABAT, Turkmenistan, September 15. The
Italian Ambassador to Turkmenistan held a meeting in Ashgabat with
Dr. Lorenzo Simonelli, Chairman and CEO of Baker Hughes/Nuovo
Pignone, to discuss expanding cooperation in the strategic energy
sector, Trend reports
via the Italian Embassy in Turkmenistan.

The discussions were just the tip of the iceberg in a series of
economic and commercial endeavors designed to put Italian interests
front and center in the region. The sides exchanged views on
strengthening bilateral trade relations and deepening collaboration
in the energy field.

The discussions highlighted opportunities for Italian companies
to expand partnerships with Turkmen counterparts in energy projects
and related industries.

Nuovo Pignone, an Italian engineering company with a history
dating back to 1842, is a leading manufacturer of turbomachinery
and compressors for the energy industry. The company became a
significant part of Baker Hughes through a series of acquisitions,
most notably when General Electric (GE) acquired Nuovo Pignone in
1994. Following the 2017 combination of Baker Hughes Incorporated
and GE’s oil and gas business, Nuovo Pignone’s capabilities were
fully integrated into the Baker Hughes portfolio.

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