M&A Deal Summary |
|
|---|---|
| Date | 2020-12-15 |
| Target | Hunting Energy Services |
| Sector | Energy Services and Equipment |
| Buyer(s) | Rival Downhole Tools |
| Sellers(s) | Hunting |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2017 |
| Sector | Energy Services and Equipment |
Rival Downhole Tools rents, sells, and services best-in-class drilling and thru-tubing downhole tools to the upstream oil and gas industry. Rival Downhole Tools was founded in 2017 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1874 |
| Sector | Oil/Gas Exploration |
| Employees | 2,006 |
| Revenue | 1.0B USD (2024) |
Hunting together designs and manufactures perforating systems, energetics, instrumentation, and associated hardware; connection technology and OCTG; subsea technologies; supplies highly engineered tubular components, hollow rotating shafts, very accurate deep hole drilling, plus complex turned, and milled profiles; well intervention equipment; and well test and process systems. It also manufactures electronic parts for the energy, medical, defense, and aerospace sectors; provides trenchless technologies, which include drill pipe, tooling products, and conversion roadmaps; and innovative MWD solutions for gyro, steering tool, and running gear; and organic oil recovery technology. Hunting was founded in 1874 and is based in London, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-21 |
Enpro Subsea
Aberdeen, United Kingdom Enpro Subsea is a field-proven intervention system for low-cost hydraulic intervention. Enpro also offers field development consulting and is the leader in OSPAR compliant characterization and removal of cell contents for decommissioning of GBS Structures. Enpro Subsea was established in 2011 and is based in Aberdeen, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-06-24 |
Flexible Engineered Solutions
Ashington, United Kingdom Flexible Engineered Solutions is a provider of fluid transfer solutions to the offshore industry by operating from a 35,000 sq. ft. facility, in addition to a 6,000 sq. ft. test facility. The group has diverse customer, product, and market exposure and has three core divisions of oil and gas fluid handling, with a portfolio of products used in FPSO and deepwater subsea distribution applications. Flexible Engineered Solutions is based in Ashington, United Kingdom. |
Buy | £50M |