ALS acquires Reservoir Group

OE Staff
Sunday, September 1, 2013

ALS Ltd moved to acquire Reservoir Group for US$533 million from SCF Partners. Reservoir’s existing senior management team has committed to continue in the business and is rolling over approximately 50% of their equity in Reservoir into ALS shares. Additionally, ALS moved to acquire Earth Data Pty Ltd for about $16.5 million. Earth Data provides gas sampling and analysis services to Australia’s oil and gas industries, and safety monitoring sampling and analysis for fugitive emissions to Australian coal mines.


Related Stories

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

NOV’s GustoMSC to Design Korea’s Wind Turbine Installation Vessel

TotalEnergies Asks EU to Clarify Russian LNG Ban

Current News

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Cydome Rolls Out Remote Cybersecurity Tool for Offshore Wind Farms

BW Offshore, McDermott Unveil Blue Ammonia FPSO Concept (Video)

Jan De Nul’s Fleeming Jenkin CLV to Get Dedicated Training Simulator

Subscribe for OE Digital E‑News