Russia Oil Gas Magazine

Forum Energy Technologies Announces Sale of Interest in Ashtead Technology

Forum Energy Technologies, Inc. announced today that its subsidiaries have entered into a definitive agreement to sell their aggregate 40% interest in Ashtead Technology, a subsea rentals company. Total consideration for Forum’s interest and the settlement of a Forum GBP 3 million loan to Ashtead will be $47.8 million. Forum will receive approximately $39 million in cash proceeds …

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Russia Oil Gas Magazine

Mohawk Energy Receives Sizeable Investment to Advance International Growth

Mohawk Energy, the expandable tubular well solutions specialist, has received a substantial investment from private equity firm Buckthorn Partners to support its domestic and international growth ambitions. The Houston-based company provides expandable solutions in pursuit of well integrity, improved well productivity and recovery. Mohawk Energy (Mohawk) has recently completed a …

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