Baker Hughes to supply advanced artificial solutions to enhance KOC production

Baker Hughes (BKR) announced Wednesday a major award from Kuwait Oil Company, KOC, to provide advanced artificial lift systems and associated services to enhance production in Kuwait’s oil and gas fields. Under the multi-year agreement, Baker Hughes will supply its portfolio of electrical submersible pumps, ESPs, as well as installation, surveillance and maintenance services. “Technology is unlocking new value from established fields around the world, and Baker Hughes and KOC have been at the forefront of these advancements,” said Amerino Gatti, executive vice president of Oilfield Services & Equipment at Baker Hughes. “Our industry-leading artificial lift systems have proven themselves in Kuwait’s oilfields for nearly two decades and established a reputation for reliability and efficiency.”