Varel Energy Solutions Acquires Ace Well Technology AS
Acquisition strengthens VES’ offerings in the offshore and premium well construction and completions energy sector HOUSTON – January 6, 2025 – Varel Energy Solutions (“VES”) today announced it has acquired Ace Well Technology (“ACE”), an international leader in the supply of oilfield casing, cementing and completion products. This transaction further strengthens VES’s robust portfolio of primary […]
IMServ announces new CEO to lead the business through industry change
IMServ, the UK’s meter data management experts, announce the appointment of new CEO Jo Cox, replacing Steve Brown, who will step down at the end of December. Jo brings significant broad industry leadership experience, most recently as CEO at Islands Energy Group, with responsibility for Jersey Gas, Guernsey Gas and Manx Gas. Prior to this […]
3t expands global footprint with acquisition of GTSC, the Middle East’s largest energy training business
3t, the UK-headquartered leader in the provision of training for safety-critical industries, has today announced it will make its seventh acquisition with the purchase of GTSC, the largest energy training business in the Middle East, bolstering its presence across the region in Saudi Arabia, the United Arab Emirates and Egypt. 3t has acquired GTSC from […]
Fox Innovation & Technologies (Fox) Acquires Cotter Holdings Group To Expand Field Operation Capabilities Across The US
Cotter acquisition puts in place the final critical building block outlined in the original business plan for Fox at launch of the platform last year 05.08.2024: Fox Innovation & Technologies (Fox), a fast-scaling provider of advanced technological solutions specialising in high-speed rotating equipment, has today announced the acquisition of Cotter Holdings Group (Cotter Group), a highly […]
Jernbro Signs Acquisition of Veltec to Drive New Industrial Services Growth Across Scandinavia
29 July 2024: Today, Jernbro, one of Sweden’s leading providers of industrial maintenance and projects, announced it has agreed to sign a deal to acquire Veltec, a renowned industrial services leader with significant operations in Norway and Denmark. This strategic move marks a significant milestone in Jernbro’s mission to enhance its capabilities and expand its reach across […]
3t Acquires ALL STOP! to Expand Safety-Critical Energy Training in the US
Chris Durling (Deputy Chief Financial Officer of 3t) & Adam Lee (CEO / Founder of ALL STOP!) 12th June 2024: 3t, the UK’s no. 1 provider of blended learning solutions for high-hazard industries continues to expand its international presence, with the announcement of its acquisition of ALL STOP!, a leading safety-critical training business in the US. […]
Bluewater completes sale of ROVOP after successful growth journey
Bluewater, the specialist energy private equity firm, announced today the completion of its sale of ROVOP, a leading provider of ROV services for the energy sector, to Edison Chouest Offshore, a US-based marine transportation solutions provider. The terms of the transaction remain undisclosed. Bluewater first invested in Aberdeen-headquartered ROVOP in 2017 through its second fund, […]
GES and Provaris to develop new hydrogen import facility at Port of Rotterdam
Global Energy Storage (GES) and Provaris Energy Ltd (Provaris) have entered a collaboration agreement to develop a gaseous hydrogen import facility at the GES terminal in Rotterdam. GES is developing a multi-client, multi-product terminal in Rotterdam, able to import both refrigerated ammonia and compressed hydrogen, with redeliveries into barges, rail, truck and the H2 grid (HyNetwork) operated by […]
Global Energy Storage (GES) completes Sale of its Hamriyah Terminal, UAE
Global Energy Storage Group (GES), a leading provider of innovative energy storage solutions, is delighted to announce the successful sale by its subsidiary, GPS Innova Singapore Pte. Ltd., of 100% of the issued share capital of SRS Middle East FZE to Paragon Capital Pvt Ltd, a prominent investment firm specialising in the energy sector. SRS […]
Bluewater Completes Sale of Global Engineering Firm Kent to Nesma & Partners
Bluewater hints at deployment and growth strategy for upcoming third fund Bluewater, the specialist energy private equity firm, has today completed the sale of Kent, a global engineering firm headquartered in Dubai, UAE, to Nesma & Partners, a Saudi Arabian contracting company. The terms of the transaction are undisclosed. Bluewater acquired Kent (then known as […]
Nesma & Partners Contracting Company Ltd. Announces The Acquisition of Bluewater Portfolio Company Kent
___________________________________________________________________________________________________ 1 August 2023: Nesma & Partners, a leading contracting company in the Middle East, has signed an agreement to acquire Kent, a global energy services provider. This agreement aligns two successful and entrepreneurial companies with a shared vision for sustainable expansion, creating greater opportunities in new and existing markets as well as service development […]
IMServ Acquires Power Data Associates And Enters Unmetered Energy Data Collection Market
31July 2023, Milton Keynes, UK: IMServ Europe Ltd (IMServ), the UK’s leading energy data collection and metering specialist, has acquired Power Data Associates Ltd, a specialist meter administrator providing unmetered services to the electricity, gas and water utilities and non-domestic energy customers. By adding its expertise in the unmetered segment of the market, Power Data […]