Wood Group Acquires Shale Construction Services Company Elkhorn

摘要

Wood Group has agreed to acquire Wyoming- based Elkhorn Holdings Inc., a provider of construction services for midstream oil and gas facilities in the U.S. shale market, Wood announced Nov. 11. The purchase price was not disclosed. Elkhorn provides infrastructure-related services such as pipeline and facility maintenance, instrumentation and electrical, civil and mechanical construction and fabrication to oil & gas and petrochemical companies. Elkhorn generated sales of $250 million in 2012 and has approximately 2,200 personnel. The company operates from 11 locations across the Niobrara, Permian, Marcellus and Utica shale regions.