OPS technologies

History

2022: Buyout of Tyumen plant from Baker Hughes and relaunch under new brand

The leaders of the Tyumen plant bought it from Baker Hughes and restarted the enterprise under a new brand - "OFS Technologies." This was announced on December 12, 2022 in the press service of the government of the Tyumen region.

President of the new structure David Gadzhimirzayev assured that the company will continue to ensure the uninterrupted operation of the largest oil and gas companies in the Russian energy sector.

The heads of the Tyumen plant bought it from Baker Hughes and restarted it under a new brand

The company has all the necessary accumulated long-term experience, competencies, access to the necessary resources, - said Gadzhimirzayev.

The Baker Hughes plant in Tyumen was opened in 2014. The company is engaged in the production of oil submersible cable. The company's investments in the project amounted to 2 billion rubles. A cooperation agreement was in effect between Baker Hughes and the government of the Tyumen region, under which an American company in the Tyumen region localized a drill bit service center. After the start of the Russian military special operation in Ukraine, Baker Hughes announced the sale of business in Russia.

As noted in the government of the Tyumen region, the largest regional office of the company is located in Tyumen, an oil submersible cable is produced for the installations of electrically driven centrifugal pumps, and a training center is operating.

As reported, in November 2022, Russian President Vladimir Putin approved a deal to acquire Oilfield Services Technologies LLC Russian assets of oilfield services Baker Hughes. Oilfield Services Technologies received the right to acquire 100% of Baker Hughes JSC, BJ Samotlor Services Vostok LLC, Oilamp Service LLC, Orenburneftegeofizika LLC, Energo Innovations LLC, Baker Hughes Services Rus LLC, Tyumen Oil Field Equipment Plant LLC and Oilamp Service LLC^[1]

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