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Reliance Oilfield Services to Acquire FMC Technologies’ North American Wireline Assets

May 11, 2016

Reliance Oilfield Services, LLC (“Reliance”) today announced the execution of a definitive acquisition agreement where Reliance will acquire assets within FMC Technologies, Inc.’s wireline services business in Canada and the United States. Specific financial terms of the transaction were not disclosed. Reliance intends to offer employment to most of the employees within the business. According [Read More]

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