The well support division provides electric submersible pumps, surface wellhead and flow control systems and wireline logging services.
GE said that the acquisition enables the company to capitalize on the fast-growing demand for enhanced oil recovery from mature oil fields using downhole pump ‘artificial lift’ in brownfield developments, as well as, expanding its product and service offering in unconventional oil and gas production.
GE Oil & Gas president and CEO Claudi Santiago said that the well support division is an excellent addition to GE Oil & Gas, strengthening its engineering capabilities and its suite of advanced capital drilling and production solutions.
