
SLB: Lift Better Rodless with the New-Generation ESPCP to Get More from Your Reservoir
Following the worldwide launch of the Reda™ PowerEdge™ energy-efficient wide-range ESPCP system at the Oman Petroleum and Energy Show, we’ve got a wealth of information to share with you on this highly efficient ESPCP system. You’ll be able to lift any API gravity oil with high gas and solids content, …

SLB Introduces Two Innovative Artificial Lift Systems to Enhance Performance and Operating Range
New technologies reduce emissions and improve production economics SLB introduced two advanced artificial lift systems: The Reda™ Agile™ compact wide-range electric submersible pump (ESP) system and the rodless Reda PowerEdge™ electric submersible progressing cavity pump (ESPCP) system. Their breakthrough designs deliver enhanced reliability and efficiency. Connected to digital services for …

Halliburton Introduces Groundbreaking Intelevate™ Digital Platform to Optimize ESP Performance
Halliburton Company today introduced Intelevate™, a new data science-driven platform that helps operators design, build, and operate end-to-end electrical submersible pump (ESP) monitoring solutions. This application can be customized for specific needs. The Intelevate platform from Summit ESP® – A Halliburton Service – seamlessly integrates historical engineering and performance data with active …

Schlumberger: Announces New Artificial Lift Management Service – Lift IQ
Lift IQ service improves well production and artificial lift equipment performance HOUSTON, March 30, 2017—Schlumberger announced today the introduction of the Lift IQ* production life cycle management service, which offers monitoring, diagnostics and optimization of artificial lift systems in real time. This new service securely collects, transmits, evaluates and interprets …
Establishment of a Joint Venture Between Weatherford and BENZ, a part of Runaсo Group
On July 23, 2013 Bugulma (The Republic of Tatarstan) hosted the opening ceremony of the joint venture between Weatherford and Bugulma Electric Pump Plant at the plant’s premises. Rustam Minnikhanov, President of the Republic of Tatarstan, Ildus Kasymov, head of the municipal district of Bugulma, Bugulma Mayor, Dean Kaminski, Vice …
Rosneft and General Electric Sign Strategic Cooperation Agreement
Rosneft and General Electric signed a Strategic cooperation agreement during the St Petersburg International Economic Forum. The Agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Jeffrey Immelt, GE Chairman and CEO, [in the presence of the Russian President Vladimir Putin]. The Agreement will …
GE to Acquire Lufkin Industries
GE and Lufkin Industries Inc. announced today a joint agreement whereby GE will acquire Lufkin Industries Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears, for approximately $3.3 billion. Lufkin shareholders will receive $88.50 per share in cash for …
