EXHIBIT 23.2
 
                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
 
  As independent public accountants, we hereby consent to the incorporation by
reference in this registration statement of our report dated February 10, 1998
included in Camco International Inc.'s Form 10-K for the year ended December
31, 1997, and to all references to our Firm included in this registration
statement.
 
                                          ARTHUR ANDERSEN LLP
 
Houston, Texas
July 23, 1998