Done deals

Quantico Energy Solutions, LR Senergy, EnergyOne, FMC, DeepOcean, Optime Subsea Services, Quorum Business Solutions, Fielding Systems, Scientific Drilling, Marksman Ranging Technologies, EMC, Virtustream, Capital Safety, Python Safety, Iron Mountain, Recall Holdings.

Machine learning boutique Quantico Energy Solutions has closed a financing round with investment from Shell and Statoil.

LR Senergy has sold its Norwegian arm to a management team led by Øystein Roti who becomes CEO of the new company EnergyOne AS.

A group of ex-FMC employees has teamed with subsea installation specialist DeepOcean to found Optime Subsea Services with offices in Houston and Notodden in Norway’s ‘subsea valley’ industry cluster.

Quorum Business Solutions has acquired Fielding Systems.

Scientific Drilling has acquired magnetic ranging technology provider Marksman Ranging Technologies. Simmons & Co. advised SDI on the deal.

EMC Corp. is acquiring privately-held cloud software and services provider Virtustream. The deal is worth around $1.2 billion.

Capital Safety has acquired dropped object prevention solutions provider Python Safety.

Iron Mountain is to acquire Recall Holdings.

Click here to comment on this article

Click here to view this article in context on a desktop

© Oil IT Journal - all rights reserved.