Deals Counterparts

Marathon Petroleum selects Baker Hughes as preferred supplier for hydrocarbon treatment products and downstream chemical technologies across 12 refineries and two renewable fuels facilities

Supply Agreement Oil Gas announced US Mar 10, 2026
operating
Stage

Marathon Petroleum has selected Baker Hughes as the preferred supplier for hydrocarbon treatment products and downstream chemical technologies for its 12 refineries and two renewable fuels facilities in the U.S. This partnership aims to enhance operational efficiency, reliability, and environmental performance by providing products like heavy oil demulsifiers, corrosion inhibitors, renewable-fuel additives, and digital monitoring tools. The agreement establishes a common chemical and digital framework for Marathon Petroleum's operations, reinforcing a long-standing relationship between the two companies.

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Source Intelligence

KEY DETAILS

Marathon Petroleum has selected Baker Hughes as the preferred supplier for hydrocarbon treatment products and downstream chemical technologies. The agreement covers 12 refineries and two renewable fuels facilities. Baker Hughes will supply products including heavy oil demulsifiers, corrosion inhibitors, renewable-fuel additives, and digital monitoring tools. The partnership aims to enhance operational efficiency, reliability, and environmental performance, and reduce operational downtime. It establishes a common chemical and digital framework for Marathon Petroleum's operations and reinforces a long-standing relationship between the two companies. Quotes: "Marathon Petroleum’s recent decision to partner with Baker Hughes as the preferred supplier of hydrocarbon treatment products and downstream chemical technologies to the company’s refineries", "the agreement covers 12 refineries and two renewable fuels facilities.", "In addition to supplying Marathon Petroleum with products including heavy oil demulsifiers, corrosion inhibitors, and renewable-fuel additives, Baker Hughes will provide Marathon Petroleum with digital monitoring tools", "digital monitoring tools that will help to reduce the amount of operational downtime experienced by the refineries.", "By selecting Baker Hughes as its preferred provider, Marathon Petroleum created a common chemical and digital framework for its refineries to operate under.", "The fact that Baker Hughes has spent multiple decades working with Marathon Petroleum on a variety of projects illustrates that the relationship between the two companies is more than a simple business arrangement ."

Location
how U.S. refineries may ensure their continued operational efficiency
PARTIES MENTIONED IN SOURCE
M
Marathon Petroleum buyer

"Marathon Petroleum chooses Baker Hughes to provide refining and downstream chemical solutions"

B
Baker Hughes seller

"Baker Hughes as the preferred supplier of hydrocarbon treatment products and downstream chemical technologies"

medium quality Enriched Mar 10, 2026

Timeline

Announced
Mar 10, 2026
Signed
Closed

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