Houston-based Halliburton acquires Summit ESP of Tulsa

By The Associated Press

Halliburton Co. has acquired Oklahoma-based Summit ESP.

 

HOUSTON (AP) — Halliburton Co. has acquired Oklahoma-based Summit ESP.

Houston-based Halliburton, which provides drilling services to oil and gas operators, made the announcement Wednesday. Summit, based in Tulsa, Oklahoma., offers electric submersible pump technology services.

Financial terms of the detail weren't immediately released.

Halliburton, in a statement, said it employs more than 50,000 workers in about 70 countries. Summit has more than 500 employees in almost 30 locations across North America.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs