GE Acquires Hydril Pressure Control Business
GE's Oil & Gas business announced the successful completion of its acquisition of Hydril Pressure Control from Tenaris.
Hydril Pressure Control is one of the world's leading suppliers of pressure control equipment used in the oil and gas drilling industry, with a special focus on deep and ultra-deepwater applications. Its product lines include Blowout Preventer (BOP) systems, parts, and repair and field services to maintain its installed base of products.
The business is headquartered in Houston, Texas and employs over 750 people globally, who will join the GE Oil & Gas team of 10,500 professionals operating in more than 70 locations worldwide.
- GE's 12,000 Job Cuts Highlight Uneasy Shift to Renewable Energy (Dec 08)
- Baker Hughes Clinches Integrated Services Contract For PNG Gas Field (Aug 08)
- GE Sinks as Oil Outlook Sputters, Marring End of Immelt's Tenure (Jul 21)