Zenith Oilfield Technology Explained

Zenith Oilfield Technology Ltd.
Industry:Petroleum industry
Fate:Acquired by Lufkin Industries
Location City:Inverurie, Aberdeenshire, Scotland
Location Country:United Kingdom

Zenith Oilfield Technology was an artificial lift service company founded in 2003 and based in Inverurie, United Kingdom with offices in Middle East, North Africa, China and Southeast Asia. In 2012, the company was acquired by Lufkin Industries for £81.1 million.[1] [2] [3] Lufkin was in turn rolled into General Electric Oil and Gas (GE Oil & Gas), today part of Baker Hughes.

Notes and References

  1. Lufkin Industries Completes Acquisition of Zenith Oilfield Technology . . February 29, 2012.
  2. Lufkin Industries to Acquire Zenith Oilfield Technology . . February 27, 2012.
  3. Web site: AGREEMENT relating to the sale and purchase of the entire issued share capital of Zenith Oilfield Technology Ltd . . February 27, 2012.

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