PETROLEUM DIRECTORY: Baker Hughes acquires Zeroth Technology

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Baker Hughes Inc. announced Dec. 2 that it has acquired all of the outstanding shares of Zeroth Technology Ltd., commonly known as Zertech. Based in Aberdeen, Scotland, privately owned Zertech specializes in the design, development and manufacture of downhole well technology. Zertech has developed and patented a unique, non-elastomer, expandable metal sealing element for well intervention applications, with customers that include major oil and gas exploration and production companies in the United Kingdom, Norway and the Middle East, Baker Hughes said.

The International Coiled Tubing Association European Chapter recently awarded Zertech the association’s annual Leading Edge Advantage Award for Innovation and Technology. This award recognizes oilfield operating and service companies that demonstrate the application of technical innovation in well intervention, Baker Hughes said.