Hunting PLC acquires Organic Oil Recovery for $17.5M
03/07/25, 8:37 AM
Location
Industry
oil and gas
energy
oil and gas
energy
Hunting PLC announces its acquisition of Organic Oil Recovery technology for $17.5 million, gaining entire rights to the intellectual property and distribution. This move enables Hunting to accelerate its commercialization efforts across North America and globally. Following the acquisition, all technical employees from OOR will join Hunting as employees or consultants.
Company Info
Location
London, England, United Kingdom
Company info
HUNTING is an energy services provider to the world's leading national and international oil and gas companies, manufacturing and distributing products that enable the extraction of oil and gas.
Hunting PLC maintains a corporate office in the USA while being headquartered and listed in the UK