AFGlobal has acquired the Axon pressure pump technology and product line from Amkin Technologies, a privately-held oilfield equipment and technology developer.
The acquisition of the Axon pump technologies and ability for AFGlobal to provide fluid and power ends in conjunction with the company’s pressure pumping systems will help clients realize a dramatic improvement in cost, durability and capability with ease of systems integration, AFGlobal said in a statement.
“Equipment reliability in this market is critical, and this acquisition provides us with a valuable adjacent technology to help us further enhance our offering to clients looking to build efficiencies and streamline their operational suppliers,” said Mark Terry, President of Pressure Pumping and Compression for AFGlobal.
AFGlobal’s growing pressure pumping portfolio includes a wide range of pressure pumping equipment and technology, including customizable pumping solutions, blenders, hydration units and controls and analytics. Most recently, the company launched its proprietary DuraStim pump system—a unique, continuous duty positive displacement pump rated for 6000hp and prolonged use.