Aker Solutions is to acquire X3M’s well intervention technology business for $8 million. X3M’s main owners are the Middle East-based Catalyst Private Equity Fund and its founders. X3M’s operating revenues for 2010 were $6 million.
Blue Marble Geographics has acquired Global Mapper. Mike Childs, the software developer behind Global Mapper, has joined Blue Marble.
Cameron has closed its purchase of LeTourneau Technologies’ drilling systems and offshore products divisions from Joy Global for approximately $375 million in cash.
Dawson Geophysical has abandoned its attempt to acquire TGC Industries as Dawson’s average stock price fell outside of the range specified in the merger agreement.
GE Energy Financial Services has acquired a 58% interest in Lightfoot Capital for $85 million from an investment vehicle managed by an affiliate of Magnetar Capital.
Hertz Equipment Rental Corporation has acquired Delta Rigging & Tools’ offshore equipment rental division.
ITC Global has completed its acquisition of the satellite operations of Broadpoint, provider of satellite communications services to the oil and gas sector in the Gulf of Mexico.
Mott MacDonald has acquired Mouchel Energy, a specialist in the UK gas sector.
Hunting has completed its acquisition of Specialty Supply for $31.0m cash plus adjustments for working capital and performance.
IHS has acquired global advisory and market research firm Purvin & Gertz. Financial terms were not disclosed.
Recon Technology is in violation of Nasdaq rules for failure to file its annual 10-K. Nasdaq has given the company 60 calendar days to submit a plan to regain compliance.
Reservoir Group has announced the acquisition of Oklahoma-based GeoSearch Logging Inc. The unit will integrate Reservoir Group’s surface logging service under the Empirica brand .
Technip is in negotiations to acquire the share capital of Cybernétix. The 45.7% stake is worth €14.1 million.
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