![]() Pelican has signed a binding agreement to purchase the SPC Flow business unit, which is expected to close in the fourth quarter of 2020. Baker Hughes will retain the Surface Pressure Control Projects business, consisting of surface and subsea product offerings in the Middle East, Africa, North Sea and Asia. The business unit consists of wellhead product sales and service as well as a rental offering of frac trees, valves and zipper manifolds. Pelican is working in cooperation with the management team of SPC Flow to carve-out the business unit as a stand-alone business wholly focused on providing pressure control products and services primarily in the US, with operations also in Australia, Papua New Guinea and Trinidad & Tobago. HOUSTON, TX – Septem– Pelican Energy Partners LP (“Pelican”) is pleased to announce an agreement to purchase the assets of the Surface Pressure Control Flow (“SPC Flow”) business unit of the Oilfield Equipment segment of Baker Hughes. Pelican Energy Partners Announces Agreement to Acquire the Surface Pressure Control Flow Business Unit of Baker Hughes ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |