oilfield-equipment
Hyduke acquires BC structural steel manufacturer Avalanche Metal
Kelowna-base company produces equipment for the oilfield and forestry sectors.
Aveda Transportation cuts 51 jobs as service sector pains continue
Cuts were to administrative and field staff and include corporate positions in both Calgary and Houston.
GE buys oilfield equipment maker for $3B to grow oil and gas business
Lufkin Industries produces pumping equipment for oilfield clients.
Russel Metals acquires Apex Distribution for $225 million
Oilfield supply company reported revenues of more than $500 million.
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Pumped and primed
A KUDU progressing cavity pump installation. The systems are engineered to handle heavy, medium or light oil; coal bed methane; and dewatering applications. Photo: KUDU Facing eight-dollar-a-barrel oil and heavy debt, Calgary oilfield-equipment manufacturer KUDU Industries Inc. was, by March…
