Halliburton: acquisition of Summit Esp.
(CercleFinance.com) - Before Wall Street opened on Wednesday Halliburton announced that it has acquired Summit Esp, another supplier of equipment used to drill for hydrocarbons.
This transaction, whose financial terms have not been publicised, aims to strengthen the oil services giant's presence in North America.
It comes just days after US conglomerate General Electric announced it had completed the merger of its oil and gas business with Baker Hughes, an operation that has given rise to a new oil services group called "BHGE".
Copyright (c) 2017 CercleFinance.com. All rights reserved.
This transaction, whose financial terms have not been publicised, aims to strengthen the oil services giant's presence in North America.
It comes just days after US conglomerate General Electric announced it had completed the merger of its oil and gas business with Baker Hughes, an operation that has given rise to a new oil services group called "BHGE".
Copyright (c) 2017 CercleFinance.com. All rights reserved.