# Schlumberger to start building electric submersible pump plant in Lipetsk SEZ

Schlumberger plans to begin construction of a plant making stages for electric submersible pumps in the Lipetsk special economic zone, Russia, by end of 2016. Total investment is 3.8 billion rubles, with serial production targeted for Q1 2018.

- Type: New facility
- Announced: 2016-11-02
- Where: Lipetsk, Russia
- Value: $60.0M (3.80B RUB)
- Status: announced
- Products: electric submersible pump stages
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Schlumberger](https://endata.com/companies/220.md)
- [Lipetsk Special Economic Zone](https://endata.com/companies/233.md) (investor)

## Sources

- [nangs.org](https://nangs.org/news/world/frantsuzskaya-shlyumberzhe-do-kontsa-goda-nachnet-stroitelstvo-zavoda-po-proizvodstvu-elektrotsentrobezhnykh-nasosov-v-oez-lipetsk), 2016-11-02: "Французская компания "Шлюмберже" до конца 2016 года начнет строительство завода на площадке в особой экономической зоне "Липецк"."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.