Baker Hughes acquires Russian ESP service provider

Baker Hughes has acquired Siberia based Oilpump Services (OPS), the second largest electrical submersible pumping (ESP) system service company in Western Siberia. With the addition of OPS’ service bases, Baker Hughes now has complete geographic service coverage in the heart of the largest ESP population in the world. The acquisition doubles Baker Hughes’ share of the Russian ESP market.

Prior to the acquisition, Baker Hughes operated its ESP service business from a single base in Noyabrsk. The acquisition adds three full cycle bases in Nyagen, Nizhnevartovsk and Megion and four remote field service bases, with the capacity to service more than 10 000 ESP systems.

Covering the full spectrum
Russia has the largest concentration of ESP systems globally with over 70 000 installations, representing 60% of the world’s ESP installations. Baker Hughes is a leading equipment provider in the Russia ESP market for high volume and technically challenging artificial lift applications. The OPS service infrastructure will allow Baker Hughes to expand its operations to cover the full spectrum of the Russia ESP market from low volume, benign applications to high volume, technically challenging applications.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/03062010/baker_hughes_acquires_russian_esp_service_provider/