Saudi Aramco and Baker Hughes have completed the first installation of a rigless-deployed electrical submersible pumping (ESP) system called TransCoil, which is designed to help operators bring wells on production faster and more cheaply.

The technology, recently installed and commissioned in Saudi Aramco's Khurais field, allows operators to minimise deferred production and lower their overall lifting costs to extend the economic life of their assets, the companies said in a joint statement.

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