Baker Hughes Incorporated (Baker Hughes) is engaged in the oilfield services industry. Baker Hughes is a supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. It also provides industrial and other products and services to the downstream refining, and the process and pipeline industries. The Company conducts its operations through subsidiaries, affiliates, ventures and alliances. It operates in more than 80 countries worldwide. The Company operates in five segments: North America, Latin America, Europe/Africa/Russia Caspian, Middle East/Asia Pacific and Industrial Services. Its oilfield products and services fall into one of two groups, Drilling and Evaluation or Completion and Production. The Drilling and Evaluation group consists of Drill Bits, Drilling Services, Wireline Services, and Drilling and Completion Fluids. Its Industrial Services segment consists of downstream chemicals and process and pipeline services businesses.