Fugro is undertaking a review of options for its marine streamer seismic data acquisition business and associated activities.
Aker Solutions is to acquire Dubai-based NPS Energy, (part of National Petroleum Services) for $350 million and will assume approx. $110 million in debt.
Axon Energy Products is to acquire Doyle’s Valves through its subsidiary Axon Pressure Products.
Cameron has closed on its purchase of the drilling equipment business of TTS Energy division from TTS Group in an all cash transaction.
Visualization specialist Hexagon has acquired all the shares of Norwegian My Virtual Reality Software.
IFS is acquiring mobility and service management applications provider Metrix in an all cash deal.
Aberdeen-based Proserv Group has acquired the subsea controls business of Weatherford International. Proserv has backing from Intervale Capital. The acquisition includes 300 personnel and control systems operations in the UK, Norway, North America, the Middle East and the Far East.
Steel Excel has completed its acquisition of the subsidiary of BNS Holding’s Sun Well Service, a provider of well services in the Williston Basin in North Dakota and Montana. The paper and cash transaction is valued at approximately $86 million.
Technip is to acquire Stone & Webster process technologies, and the associated oil and gas engineering capabilities, from The Shaw Group for a cash consideration of approximately €225 million. Barclays is acting as financial advisor to Technip and Davis Polk & Wardwell is acting as legal advisor.
TGS-Nopec Geophysical Company has announced the acquisition of Calgary-based Arcis Seismic Solutions for a total of $51 million, reflecting an enterprise value of US $72 million, based on net debt at the date of acquisition.
Trimble has acquired provider of wireless fleet management and worker safety solutions GEOTrac Systems of Calgary. Financial terms were not disclosed.
This article originally appeared in Oil IT Journal 2012 Issue # 6.
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