Houston-based AFGlobal Corp. has agreed to acquire Managed Pressure Operations (MPO), a subsidiary of MHWirth. The resulting combination of companies will offer technologies covering both onshore and offshore applications, including deepwater managed pressure drilling (MPD).
The new business group within AFGlobal’s oil and gas segment will be known as Advanced Drilling Systems. The complete portfolio will include riser gas management systems, early kick/loss detection, MPD, dual gradient drilling and continuous circulation.
“Providing the industry with a flexible yet standardized solution for MPD mandates that all equipment works together in an intentional and holistic manner,” said Mark Mitchell, president of oil and gas for AFGlobal. “Simply put, our systems are designed to remove complexity on the rig and streamline operations while providing reliable, best-in-class equipment, service and support.”
As a vertically integrated company, one primary benefit to clients is the company’s in-house design, engineering, and manufacturing capabilities—all managed by a single provider.
Image from AFGlobal.
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