Halliburton seeks to acquire stake in Russia's Novomet artificial lift business

Halliburton filed with Russia's Federal Antimonopoly Service over a potential acquisition of an interest in Novomet Oil Services Holding, an electrical submersible pump maker, possibly up to 100%. No agreement had been reached.

“Halliburton has held discussions with various shareholders of Novomet regarding the potential acquisition, including the possibility of acquiring up to 100% of the company.”energyindustryreview.com

• 1 source
• energyindustryreview.comHalliburton intends to acquire Russia’s NovometJan 5, 2017

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