Schlumberger has entered into an agreement with National Oilwell Varco to sell its Wilson distribution business. Schlumberger acquired Wilson along with Smith International in 2010.
Chinese non-state-owned oil and gas automation services provider Recon Technology has returned to compliance with all Nasdaq listing rules.
Intertek has acquired California-based ATI, a provider of asset integrity management software.
Absoft has completed its ‘seven-figure’ purchase of UK-based Hexarus Consulting, provider of performance management and business intelligence solutions based on SAP BusinessObjects.
Bureau Veritas is to acquire TH Hill, a provider of oil and gas drilling failure prevention and analysis services.
Acorn Energy has now ‘fully funded’ an additional $5 million investment in US Seismic Systems.
Chinese ERP software house Pansoft has acquired, at no cost, the remaining 20% stake in its Japanese unit from joint venture partners Management Information Center and Seven Colors Corp. following their ‘failure to meet the terms of the joint-venture agreement.’
SIGMA3 Integrated Reservoir Solutions has acquired APEX Petroleum
Engineering, APEXHiPoint and HiPoint Reservoir Imaging.
Private equity fund Pelican Energy Partners has raised $103.6 million. Partners include Mike Scott, Philip Burguières and John Huff.
Fugro has acquired EMU, an independent marine survey and environmental consultancy specialist with annual revenues of over € 20 million.
BB Visual Group has acquired OilTeams SRL, a provider of WITSML-based tools and services for well monitoring.
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