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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: MarketLine (a Datamonitor Company)
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Aker Solutions ASA Acquires Managed Pressure Operations International, Ltd.

Wednesday, 27 Feb 2013 02:01am EST 

Aker Solutions ASA announced that it has acquired Managed Pressure Operations International, Ltd. (MPO), a company that has developed the new generation of continuous circulation, riser gas handling and managed pressure drilling systems. MPO has also developed a riser gas handling system to capture and safely handle gas in the riser. The company employs 100 people in operating subsidiaries in Singapore, Dubai, Jakarta and Houston. These will join Aker Solutions. The transaction has been closed. 

Company Quote

1.75 +1.92%
8:33am EDT