PAS is a leading supplier of software products and consulting services to the processing industries worldwide.
Boulogne-Billancourt, France, has acquired Abu Dhabi-based Protools. The acquisition is in line with the company's objective to manufacture drill stems from the rig floor to the bottomhole assembly (BHA) close to where customers drill. Combined with its existing footprints in the US, the Middle East, and Europe, VAM Drilling will become with this acquisition the only manufacturer of complete drilling product solutions in the Middle East. This investment will also allow VAM Drilling to build on its Middle Eastern sales channels and leverage Protools' existing service organization.
Formerly owned by Hunt Oiltools LLC, Protools is a manufacturer of BHA products in the Middle East
VAM Drilling, a Vallourec company, offers a complete range of products and services including drill pipe, heavyweight drill pipe, drill collars, non-magnetic drill collars and measurement-while-drilling housings, safety valves, and accessories for all drilling applications.
Toromont Industries Ltd.,
Toronto, has acquired Enerflex Systems Income Fund, Calgary, and is merging the company with Toromont Energy Systems. The combined organization is now Enerflex Ltd. Toromont named former Enerflex Systems Pres. and CEO Blair Goertzen president and CEO; Jerry Fraelic, president, US; Ivan Heidecker, president, Canada; Bill Moore, president, International; Caspar De Jong, managing director, Europe; Toufic Khalik, managing director, Middle East and North Africa; Steve Dropulich, managing director, Australasia; James Harbilas, vice-president and CFO; Rachel Moore, vice-president, human resources; and Greg Stewart, vice-president and CIO.
Enerflex engineers, designs, manufactures, constructs, commissions, and services field production facilities, natural gas compression and processing plants, and power generators. It is merging with Toromont's compression group, which provides design, engineering, fabrication, and installation of compression systems for natural gas, coalbed methane, fuel gas, and carbon dioxide.