Energy and marine consultancy group ABL Group ASA has entered into an agreement with a subsidiary of Akastor ASA to acquire all of the shares in multi-disciplinary engineering, consultancy and software company AGR. The deal will bolster ABL Group’s offering within well and reservoir consultancy, enhance the group’s position supporting operators’ digitalization and decarbonization plans and expand its opex-driven offshore energy exposure.
AEGIS Hedging Solutions, a provider of technology and expertise for commodity and environmental markets has acquired Asset Risk Management’s hedging advisory contracts.
Core Lab has voluntarily delisted its shares from Euronext Amsterdam and is to ‘redomesticate’ its parent company from the Netherlands to the United States. The move is said to ‘ enhance shareholder value over the long-term by simplifying the corporate structure, improving operational efficiencies and reducing administrative costs’.
Dawson Geophysical has purchased substantially all of the Breckenridge Geophysical assets related to seismic data acquisition services other than its multi-client data library. Total consideration for the transaction is 7,000,000 shares of Dawson common stock subject to shareholder approval.
Energy Aspects has acquired OilX, a pioneer in AI-driven data analytics for energy markets. OilX’s ‘nowcasting’ real-time data technology complements Energy Aspects’ forward-looking analysis.
NV5 has acquired L3Harris Geospatial Solutions.
PetroLedger Financial Services has acquired Oklahoma City-based oil and gas land management and accounting firm, Associated Resources, Inc.
Repay Holdings has sold its Blue Cow Software unit, a fuel and propane management business to PDI Technologies, a provider of software solutions for the convenience retail and petroleum wholesale ecosystem.
Climate Analytics boutique Risilience has closed a $26 million Series B round to expand its science-based, climate-risk assessment and net-zero planning platform. The round was led by Quantum Innovation Fund, alongside existing investors IQ Capital and National Grid Partners. The monies will allow Risilience to expand its SaaS platform to serve clients along their decarbonization journey. The funds will also be used to drive international expansion, with a specific focus on the US where pending SEC rules will require climate and risk disclosures. Risilience, which was spun out of the Centre for Risk Studies at the University of Cambridge Judge Business School, markets ‘digital twin’ technology that enables businesses to stress test the impact of numerous transitional and physical risks including increasing regulation, potential litigation and changing consumer sentiment.
SLB, the company formerly known as Schlumberger, has completed its acquisition of Gyrodata Inc.. Gyrodata’s wellbore placement and surveying technologies will integrate SLB’s well construction business line.
ADV Integrity has acquired Velentium’s oil and gas division. Velentium’s oil and gas practice provides high-pressure high-temperature (HPHT) test systems and automated monitoring for oil and gas, hydraulics and pneumatics applications.
Veritas Capital has acquired Wood Mackenzie, a provider of data, analysis and insights to the energy, renewables and natural resources industry for nearly 50 years. More from Woodmac.
I.Safe Mobile has invested a ‘seven-digit figure’ in start-up Senseven,
a ‘software and AI-based’ mobile inspection system for industrial
assets. Austria-based I.Safe develops communication ‘robust’ devices
such as mobile phones, smartphones and tablet PCs for use in hazardous
areas and outdoors. More from Senseven.
mCloud has set up a special committee, retaining ATB Capital Markets and Maxim Group as financial advisors to ‘explore strategic alternatives’ following the ‘unexpected departures of key finance employees’. The company is working diligently to complete and file its 2022 accounts ‘as soon as possible’ and has been granted a management cease trade order by the British Columbia Securities Commission. The Company confirms that there are no insolvency proceedings against it as of the date of this press release (mid April). More from mCloud.
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