The Prax Group Acquires Hurricane Energy Plc
June 19, 2023
The Prax Group has completed the acquisition of UK oil and gas explorer Hurricane Energy Plc, gaining full control of the Lancaster offshore oil field in the West of Shetland basin. The deal expands Prax's capabilities upstream as it moves to integrate Hurricane's exploration and production assets into its downstream and midstream operations.
- Buyers
- The Prax Group
- Targets
- Hurricane Energy Plc
- Industry
- Energy
- Location
- England, United Kingdom
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Expro Acquires PRT Offshore
October 3, 2023
Oil & Gas
Expro completed its acquisition of Houston-based PRT Offshore, a provider of Hook-to-Hanger subsea well access, for approximately $106 million in total consideration (about $62 million cash and $44 million in newly issued Expro shares), with potential additional earnouts. The deal expands Expro's subsea well access capabilities and geographic reach across North and Latin America while supporting PRT Offshore's growth in Europe, Sub-Saharan Africa and Asia Pacific.
-
Haztech Energy Corp. Acquires Primex Training Centre Inc.
January 27, 2021
Healthcare Services
Haztech Energy Corp. has completed the acquisition of Primex Training Centre Inc., a Regina-based provider of industrial health & safety training and consulting that serves clients across the Canadian prairies. The deal expands Haztech's health & safety training and consulting capabilities for customers in oil & gas, forestry, mining and construction markets.
-
HEYCO Energy Group Acquires Egdon Resources
September 28, 2023
Oil & Gas
HEYCO Energy Group, through its subsidiary Petrichor Partners LP, completed the acquisition of UK onshore exploration and production company Egdon Resources plc. The deal brings Egdon’s 33 UK licences and producing assets (including the Wressle field) into HEYCO’s privately owned portfolio, expanding its European footprint and adding conventional, shale and renewable energy opportunities.
-
Primoris Services Corporation Acquires PLH Group, Inc. for $470M
June 27, 2022
Construction
Primoris Services Corporation (NASDAQ: PRIM) has completed the acquisition of PLH Group, Inc. in an all-cash transaction valued at $470 million. The deal expands Primoris' capabilities and geographic footprint in utility-focused markets — particularly power delivery, communications and gas utilities — and is expected to be accretive with cost and revenue synergies.
-
Helix Energy Solutions Acquires Alliance Group of Companies
May 17, 2022
Energy
Helix Energy Solutions Group completed the acquisition of 100% of the equity interests in the Alliance group of companies, a Louisiana-based offshore shallow-water decommissioning and support-services provider, for $120 million in cash plus potential earnouts. The deal expands Helix's decommissioning and life-of-field maintenance capabilities and increases its presence on the Gulf of Mexico shelf as part of its Energy Transition strategy.
-
Ryse Energy Acquires Primus Wind Power
July 12, 2023
Renewable Energy
Ryse Energy has acquired US-based micro wind turbine manufacturer Primus Wind Power, adding the AIR turbine technology to its product portfolio. The deal is intended to expand Ryse's small-wind capabilities, enable U.S. manufacturing of AIR turbines, and accelerate expansion into North American markets.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.