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GE Oil & Gas Launches Mexican Technology Collaboration Agreement

Wednesday, April 30, 2014  
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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.

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. More...

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