Oilfield service specialist Schlumberger has acquired Aberdeen-based Peak Well Systems - a specialist in the design and development of advanced downhole tools for flow control, well intervention and well integrity.
The deal with Peak will help Schlumberger expand its portfolio and bring its clients a wider set of services, the company said.
Peak designs and manufactures downhole tools that isolate, extend well life, restore well integrity and enhance well performance with retrievable bridge plugs and disruptive technologies capable of providing HPHT and gas tight zonal isolation, even in sour gas conditions.
Schlumberger