Houston-based oil and gas OEM AFGlobal Corp has acquired the Axon pressure pump technology and product line from Amkin Technologies LLC, a privately-held oilfield equipment and technology developer.
The acquisition of the Axon pump technologies enhances AFGlobal’s pressure pumping portfolio and its ability to provide fluid and power ends in conjunction with the company’s pressure pumping systems. These products are used across a broad spectrum of pumping technologies, including cementing, acidizing, coiled tubing support and well servicing.
“Equipment reliability in this market is critical, and this acquisition provides us with a valuable adjacent technology to help us further enhance our offering to clients looking to build efficiencies and streamline their operational suppliers,” said Mark Terry, president of Pressure Pumping and Compression for AFGlobal.
AFGlobal provides strategic technologies to the upstream market, including advanced drilling systems, pressure pumping technologies, lifecycle services and subsea production systems. The company’s pressure pumping portfolio includes customizable pumping solutions, blenders, hydration units and controls and analytics. The recently launched proprietary DuraStim™ pump system is a continuous duty positive displacement pump rated for 6000 hp and prolonged use.
