Gulf Oil and Gas accountACCOUNT

Halliburton Acquires Athlon Solutions

Source: www.gulfoilandgas.com 7/24/2018, Location: North America

Halliburton has announced the acquisition of Athlon Solutions, a leading provider of specialty water and process treatment chemicals, customized engineering solutions, and services. Athlon will become part of the Halliburton Multi-Chem business line, a provider of specialty oilfield chemicals for stimulation, midstream, and production customers.

Combining the two companies will strengthen Halliburton’s chemicals technology, manufacturing, and supply chain. Additionally, the acquisition enhances Multi-Chem’s capabilities to deliver innovative technical solutions to its customers and provides Halliburton with its first chemical manufacturing plant with full reaction and blending capabilities.

'The acquisition of Athlon adds complementary technology and brings manufacturing capacity to support Multi-Chem’s current and planned growth,' said Dale Winger, vice president of Multi-Chem. 'Multi-Chem is known for delivering superior customer service and custom chemistry to maximize production and ensure integrity of well and pipeline assets. We are looking forward to joining forces with an outstanding customer-focused team at Athlon that is well respected for its collaborative culture, the quality of its technical solution development, and long-term client relationships based on value creation.'

Tom Amonett, president and chief executive officer of Athlon said, 'This is an exciting time for Athlon’s customers and employees. Athlon’s unique engineered approach to deliver customer value with improved reliability and process optimization will continue. The combination with Halliburton brings world-class capabilities and creates new opportunities for growth.'

Athlon is headquartered in Houston, Texas and has 250 employees serving global customers as well as all major refinery and petrochemical areas in the United States.

Mergers and Acquisitions News in United States >>

Singapore >>  11/14/2019 - Baron Oil Plc (BOIL) is pleased to announce that it has entered into a non-binding Heads of Agreement (HOA) with SundaGas Pte. Ltd. (SundaGas), as a r...
France >>  11/13/2019 - Air Liquide, the Durance, Luberon, Verdon urban area (DLVA) and ENGIE are signing a cooperation agreement to develop the “HyGreen Provence” project wh...

Japan >>  11/13/2019 - ITOCHU Corporation (TOCHU) has acquired all of the issued and outstanding shares of Jamieson Manufacturing Corporation (“Jamison“), a U.S. based fence...
Norway >>  11/13/2019 - Reference is made to the stock exchange notice of 26 September 2019 where the Board of Directors in North Energy ASA and North Energy Norge AS approve...

United Arab Emirates >>  11/12/2019 - The Abu Dhabi National Oil Company (ADNOC) announced today it has signed an agreement with Group 42 (G42), an Abu Dhabi based artificial intelligence ...
United Kingdom >>  11/11/2019 - Ithaca Energy, a wholly owned subsidiary of Israel's Delek Group, has completed the $2 billion acquisition of Chevron North Sea Limited ('CNSL'). The ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


United States Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.