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...Mr Krenicki said the price was “in line with other transactions in the oil services industry”, including GE’s $1.12bn acquisition of the Hydril pressure control business from Tenaris in 2008....
...John Krenicki, chief executive of GE Energy, said the price was “in line with other transactions in the oil services industry”, including his company’s $1.12bn acquisition of the Hydril pressure control...
...After buying Wellstream, Hydril and Vetco Gray, GE Oil & Gas moved up a gear on Monday with the $2.8bn purchase of the well-support division of John Wood Group....
...The current water depth drilling record of 10,011 feet was achieved with its VetcoGray and Hydril Pressure Control systems....
...Tenaris – which this year is likely to have sales of about $10bn – has in thepast 18 months paid a total of more than $5bn to buy Maverick and Hydril, two specialist pipe and connector companies in the US...
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