Exhibit 99.2
News Release
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Baker Hughes Incorporated |
| Gary R. Flaharty (713) 439-8039
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P.O. Box 4740 |
| H. Gene Shiels (713) 439-8822
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Houston, Texas 77210-4740 |
Baker Hughes Appoints Pierre H. Jungels, CBE, to Board of Directors
HOUSTON, Texas April 27, 2006. Baker Hughes Incorporated (BHI NYSE, EBS) announced today
that Pierre H. Jungels, CBE, former chief executive officer of Enterprise Oil, plc, has been
appointed a director of Baker Hughes and will serve on the Compensation and Finance committees.
With his appointment the board now has 12 directors, including 11 independent non-employee
directors.
Biographical Information
Pierre H. Jungels, CBE, 62, a Chartered Engineer and a PhD from the California Institute of
Technology, served as president of the Institute of Petroleum until December 2003. From 1996
through 2001 he served as a director and chief executive officer of Enterprise Oil, plc, one of the
largest independent European oil companies at the time. In 1996, Dr. Jungels served as the
managing director of exploration and production at British Gas plc. From 1975 through 1995 he
served in a variety of capacities at Petrofina S.A. and its predecessors, including serving as a
main board director for 7 years, as a director of FINA, Inc., as managing director and chief
executive officer of FINA, plc (U.K.) and chief executive officer of FINA Angola. Dr. Jungels is
also a director of Woodside Petroleum Ltd., and a director of Imperial Tobacco Group plc. Dr.
Jungels resides in Newbury, England.
Baker Hughes is a leading provider of
drilling, formation evaluation, completion and production
products and services to the worldwide oil and gas industry.
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NOT INTENDED FOR BENEFICIAL HOLDERS