Halliburton is acquiring Texas-based private oilfield services player Multi-Chem for an undisclosed sum. The takeover, which is still subject to regulatory approval, is expected to help Halliburton to expand its range of services.
Halliburton said it will buy Multi-Chem Group, the fourth largest
production-chemicals company in North America, in a move the oilfield
services giant hopes will bolster its ability to improve well performance.
NEW YORK (TheStreet) -- Oil services giant Halliburton said Tuesday that it has struck a deal to buy Multi-Chem Group, a leading provider of oilfield production and completion chemicals.
Multi-Chem has provided chemicals for more than 30,000...
Multi-Chem of US specializes in oilfield based chemical products and makes strategic sense for Dorf Ketal which has a global presence and wants to expand it?s market share in the oilfield chemical space.
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