Schlumberger to Contribute North American Pressure Pumping Business to Liberty
Liberty Oilfield Services Inc. and Schlumberger announced today an agreement for the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada (OneStim®), including its pressure pumping, pumpdown perforating, and Permian frac sand businesses to Liberty, in exchange for a 37% equity interest in the combined company. …
AFGlobal: Acquires Axon Pump Technology from Amkin Technologies
AFGlobal today announced that it has acquired the Axon pressure pump technology and product line from Amkin Technologies, LLC, a privately-held oilfield equipment and technology developer. Until recently, Amkin was continuing the evolution of the product offering by supporting ongoing operations and engaged with AFGlobal to realize revolutionary improvements in …