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Halliburton has acquired COREteQ Systems Limited

COREteQ’s technology maximizes run-life in permanent magnet motors (PMM) used for electric submersible pumps (ESPs). COREteQ adds significant complementary capabilities through its technology and products to support Halliburton’s global customer base.

Look for future products from the Artificial Lift team as COREteQ's technology will improve Halliburton's ability to serve global ESP operators seeking to improve efficiency and run-life.

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“By adding COREteQ to our already strong ESP technology portfolio, we position Summit ESP to make another step-change in ESP performance and reliability.”

Greg Schneider, vice president, Artificial Lift
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