Here's your summary from Baker Hughes CEO Lorenzo Simonelli on the Energy Sector (https://www.youtube.com/watch?v=p-dN4FoYW64) on the Bloomberg Television channel:
**TLDR:** Baker Hughes CEO Lorenzo Simonelli discusses the impact of energy sector consolidation, the importance of new technologies in maximizing production from mature assets, and the need for a sustainable energy development strategy.
**Key Points:**
1. Consolidation in the energy sector presents opportunities for partnerships and growth in technology development.
2. Focus on maximizing production from mature assets through new technologies to meet growing energy demand.
3. Emphasis on sustainable energy development, including carbon capture, geothermal, and natural gas as a transition fuel.
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