Done deals

ALS, BMP, AspenTech, StormGeo, ISN, Magnitude Software, Odfjell, Robotic Drilling, SAP, Fieldglass, Sierra Hamilton, Schlumberger, Cubility, Baker Hughes, Wood Group.

Australian Laboratory Services (ALS) has acquired completions services provider, BMP Enterprises. ALS has also ‘joined forces’ with DSI Thru Tubing. ALS’ oil and gas unit was formed last year when it acquired Reservoir Group for $533 million.

AspenTech has acquired Sulsim, a sulphur recovery modeling tool for refineries and gas plants, from Sulphur Experts.

The EQT Mid Market fund has acquired 57.5% of StormGeo, provider of software-based decision support for weather sensitive marine operations. DNV GL is also in on the deal.

ISN has had a £4.6 million investment from Maven Capital Partners. The cash injection targets growth in ICT provision to the oil and gas vertical.

Kalido and Oracle Applications specialist Noetix are to merge to a new company, Magnitude Software. BI specialist Kalido was spun out from Shell in 2001.

Odfjell Drilling is now the main shareholder in Robotic Drilling Systems, whose ‘next generation’ drill-floor technology is scheduled for a ‘full-scale’ test in 2015.

SAP is to acquire Fieldglass, provider of a cloud-based vendor management system for procuring and managing contingent labor and services.

Sierra Hamilton has bought the assets of Hamburg, Germany-based GeoPro and will create a new operating unit GeoPro Geophysics headquartered in Houston.

Schlumberger has acquired Leeds, UK-based Rock Deformation Research. RDR’s structural geology and fault analysis software will be integrated with Petrel.

A group led by Triton Partners is to acquire Cubility from Energy Ventures. Cubility manufactures MudCube, a solids control and waste management system for drilling operations.

Weatherford is selling its pipeline and specialty services business to Baker Hughes for $250 million.

Wood Group has acquired pipeline consultants Sunstone Projects for C$14.5 million. The unit will integrate Wood Group’s Mustang division.

This article originally appeared in Oil IT Journal 2014 Issue # 4.

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