AFGlobal acquired Managed Pressure Operations.

AFGlobal, an oil and gas OEM specializing in technology, products, and services, acquired Managed Pressure Operations, an oilfield services company. Financial terms were not disclosed. "Providing the industry with a flexible yet standardized solution for MPD mandates that all equipment works together in an intentional and holistic manner. Simply put, our systems are designed to remove complexity on the rig and streamline operations while providing reliable, best-in-class equipment, service and support," commented Mark Mitchell, President of Oil & Gas for AFGlobal. He continued, "The changes coming to our industry will be transformational, not transitional and our Advanced Drilling Systems will bring a new level of fit-for-purpose, modular technology to the market."