Aker Solutions has bought oil-services provider Reinertsen in a NOK 212.5 million deal that excludes liabilities.
Atos has acquired big data consulting and solutions provider zData.
Badger Explorer is to acquire Dwellop in a NOK 190 million cash and paper transaction.
Concentric Energy Advisor is to purchase the assets of Gannett Fleming Canada’s Calgary depreciation and valuation practice.
Divestco has negotiated a $CAD 6 million secured loan with BC-OSB Holdings at an interest rate of 17% (!) per year. Proceeds will pay down a $3.2 million bridge loan and augment working capital.
Emerson has completed its $3.15 billion of Pentair’s valves and controls business.
Private equity backed ESIA has regrouped its energy research, analysis and consulting units (Hannon Westwood, Novas, Richmond Energy Partners, Douglas Westwood and JSI Services) as Westwood Global Energy Group. The company also recently acquired Houston-based market research firm, Energent Group Software.
Singapore-based oilfield services firm Ezra Holdings has filed for US Chapter 11 bankruptcy, blaming a ‘prolonged slump’ in the energy industry.
Flotek Industries has sold its drilling technologies segment to National Oilwell Varco in an approx. $17 million deal.
Spectris recognized a £19.9 million impairment charge on its ESG microseismic business due to ‘difficult market conditions caused by a low oil price.’
Trican Well Service is buying Canyon Services in an approx. $CAD 637 million deal.
PDI has acquired DataMax, Lomosoft and FireStream WorldWide.
© Oil IT Journal - all rights reserved.