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Baker Hughes buys Russian electrical submersible pumping service company

The acquisition of OPS doubles Baker Hughes’ share of the Russian ESP market.

“The synergies of Baker Hughes’ world-class ESP technology and manufacturing, combined with the OPS service infrastructure is expected to be a winning combination in the rapidly expanding ESP leasing market in Western Siberia,” said Dmitry Kuzovenkov, president of operations for Baker Hughes in Russia and the Caspian area.

The acquisition of OPS 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. Before the acquisition, Baker Hughes operated its ESP service business from a single base in Noyabrsk.