Done deals

3esi, Enersight. Motive Drilling Technologies, GE Ventures, Formation 8. Fluor Corp., Stork, Arle Capital Partners. IHS, Markit. Altran, Tessella. Quorum, ePrime, Retama Resources.

3esi and Enersight are to merge and form 3esi-Enersight. The new unit will provide strategy, planning and execution services to the upstream.

Motive Drilling Technologies has received $10.5 million in funding from Formation 8 and GE Ventures. The monies will be used to expand deployment of Motive’s artificial intelligence-driven directional drilling bit guidance system. The company is a Hunt Energy Enterprises spin-out.

Fluor Corp. has acquired Stork Holding BV from its private equity owners Arle Capital Partners.

IHS and Markit are to merge, forming a global information provider to the energy, financial services and transportation sectors.

Francs’s Altran has acquired UK-based analytics and data science consultant Tessella. The acquisition is a component of Altran’s ‘2020 Ignition’ strategic plan.

Quorum has acquired upstream business process outsourcing services provider ePrime from Retama Resources. ePrime delivers oil and gas accounting and administrative services using Quorum’s software.

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