Zenith Oilfield Technology: Z-Sight Automated Surveillance System Secures Hat-Trick of Queen’s Awards
A pioneering automated surveillance system developed by Zenith Oilfield Technology, a Lufkin company, has won the company’s third Queen’s Award for Enterprise. Zenith’s Z-Sight system scooped the top honour in the Innovation category, which was announced on April 21. It is Zenith’s first Innovation award after two previous wins in …
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 …
Zenith Oilfield Technology Makes Two Key Appointments
Zenith Oilfield Technology has announced two new appointments to develop and support the company around the globe. The positions have been selectively filled from within a loyal and capable team to align the company for continued growth following acquisition by Lufkin Industries last year. Steve Beattie has been appointed as …
Lufkin Industries to Acquire Zenith Oilfield Technology
Adds real-time monitoring & data analysis to Lufkin’s automation capabilities. Lufkin Industries, Inc. announced that its subsidiary, Lufkin Industries Holdings UK Limited, has agreed to acquire Zenith Oilfield Technology Ltd. Zenith, based in Aberdeen, Scotland, is an international provider of innovative technology and products for the monitoring and analysis of …
Tatneft Successful Solution of Multi Issue Problems in Crude Oil Production with Lufkin Automation
OAO TATNEFT applies controllers of Lufkin Automation Company with the aim of succeeding in solving industrial and technological problems in oil production, management of the wells operation and its optimization. The controllers help to remotely control downhole pumping equipment operation and set the wells operating mode, thereby increasing the rate …