Baker Hughes Acquires AccessESP

July 27, 2022

Baker Hughes has agreed to acquire AccessESP, a Houston-based provider of the GoRigless ESP deployment system, to integrate the company's alternative electrical submersible pump (ESP) deployment technology into Baker Hughes' Oilfield Services segment. AccessESP — with approximately 55 employees and facilities in North America and the Middle East — will bring proprietary IP, personnel and commercial agreements to Baker Hughes to reduce costs and downtime for oilfield operators.

Buyers
Baker Hughes
Targets
AccessESP
Industry
Energy
Location
Texas, United States
Transaction Type
Buyout

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