The global dissolvable frac plugs market reached a value of nearly $0.52072 billion in 2024, having grown at a compound annual growth rate (CAGR) of 6.09% since 2019.

Hybrid Frac Plug Major Market Players The hybrid frac plug market is increasingly competitive, featuring key players like Innovex, Downhole Technology, and GE (Baker Hughes). These companies focus on ...

This project follows the March 2025 signing of a multi-year framework agreement between Baker Hughes and Equinor to provide integrated plug and abandonment services.

Baker Hughes was awarded a plugging and abandonment service contract from Equinor at the Oseberg East field on Norway's continental shelf.

Baker Hughes awarded P&A agreement based on Mature Assets Solutions portfolioAgreement will enable Equinor to drive efficiencies, industrialize P&A operations through end-to-end integration Award ...

Baker Hughes selected by Equinor to lead plug and abandonment project in Norway, utilizing advanced technology and expertise to reduce costs.