Scout Surface Solutions LLC is expanding its oil and gas services with the acquisition of Kinetic Pressure Control. (Source: Shutterstock)
Scout Surface Solutions LLC, a provider of completions services and equipment to the oil and gas industry across North America and the Middle East, has acquired Kinetic Pressure Control Ltd., which specializes in pressure and flow control solutions.
The combined company will offer solutions and systems in applications like continuous frac, pressure control, pad automation and control systems. Both companies are based in Houston.
"We are delighted to welcome Kinetic Pressure Control to the Scout family," said Stefan Radwanski, CEO of Scout. "This acquisition enhances our technological capabilities and broadens our reach, allowing us to better serve our customers around the world with a truly unique, integrated offering across drilling and completions."
The combined companies will employ more than 300 people and operate 10 service and manufacturing facilities in the U.S. and the Middle East, including a significantly enhanced presence and footprint in Saudi Arabia.
Financial details of the deal were not disclosed.
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