Baker Technology Ltd. is an investment holding company, which engages in the provision of specialized marine offshore equipment and services for the oil and gas industry. The firm and its subsidiaries, engage in the design, construction, operation and chartering of mobile offshore units and offshore supply vessels, along with the design and construction of a range of critical equipment and components for the marine offshore industry. Its products and services include offshore pedestal cranes, anchor winches, skidding systems, jacking systems, raw water tower structures and wind turbine installation equipment, among others. The company has three operating segments. The marine offshore segment comprises manufacturers and providers of specialized marine offshore equipment and services for the oil and gas industry. The investments segment relates to the investments in available-for-sale investments. The corporate segment is engaged in corporate services and treasury functions.
