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Sat08012015

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Valve Manufacturing

GE Oil & Gas Launches Mexican Technology Collaboration Agreement

GE Oil & Gas, Mexico’s state-owned oil and gas company Petróleos Mexicanos (PEMEX) and the Mexico Institute of Petroleum (IMP) have signed a technology collaboration agreement focused on the oil and gas sector.

The agreement, which was signed on April 8, will initially research technologies needed to help PEMEX improve productivity and efficiency in mature onshore fields and to develop deep and ultra-deep water projects.

Under the pact, GE will collaborate with IMP on specific technology areas at the outset, which include improving the efficiency of a mechanical flow device that could offer PEMEX significant recovery rate benefits in hundreds of wells. 

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