Acquisitions in Aberdeenshire, United Kingdom

Drilling Tools International Corp. (DTI) has completed the acquisition of UK-based Deep Casing Tools (DCT), a developer and manufacturer of patented downhole drilling and casing-running technologies. Financial terms were not disclosed; Energy Ventures III LP, the largest shareholder in DCT, will exit on closing. The deal expands DTI's product capabilities and international footprint, with particular emphasis on the Middle East.

Archer Limited has completed the acquisition of P&A milling and SWARF handling specialist Romar-Abrado for an enterprise value of USD 8 million plus an earn-out tied to 2023–2025 trading. The deal, funded from Archer's cash resources, adds Romar-Abrado's ~50 employees and ~USD 10 million 2021 revenue to Archer's well services capabilities and is expected to accelerate international expansion and lift Archer's 2023 guidance.

Italmatch Chemicals has acquired Scotland-headquartered Aubin Group from investor BGF. The acquisition expands Italmatch's presence in the Middle East, North Sea and the United States and adds Aubin's well‑services capability and chemical solutions aimed at oil & gas and renewable energy markets to Italmatch's product and R&D portfolio.