Bold Production acquires gas-treating H2S scavenger
HOUSTON -- Bold Production Services, LLC has acquired proprietary assets including the intellectual property rights to a hydrogen sulfide scavenger and long-standing customer relationships.
The H2S scavenger is complementary to Bold's existing gas treating and processing assets. Additionally, the acquisition further facilitates Bold's entry into the midstream and downstream energy verticals.
The H2S scavenger acquired by Bold has been used by Fortune 500 companies in all three energy verticals and across the United States for over 20 years to reduce H2S emissions. The chemical does not contain triazine and is liquid-based as opposed to a granular media.
"Despite a challenging market, Bold has continued to expand the products and services we provide to our customers. This acquisition was particularly attractive because it is highly complementary to our existing product and service offering," said Bold CEO Glen Wind.
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Cook Inlet LNG advances FSRU project in Alaska (U.S.)
- Qatar’s Ras Laffan LNG hub hit by missile attack, ‘extensive damage’ reported
Comments