Allis-Chalmers Acquires Rebel Rentals

Wednesday, October 31, 2007
Houston-based Allis-Chalmers Energy Inc. reported it has acquired Lafayette, La.-based Rebel Rentals Inc. for $6.75m. Officials contend the acquisition will strengthen Allis Chalmers’ Tubular Services segment throughout south Louisiana and the Gulf Coast region. Rebel owns an extensive inventory of equipment and provides tubing installation services. “We expect this acquisition to enhance our Tubular Services segment’s overall market position and improve our capabilities in remedial well workover and completion activities,” said Micki Hidayatallah, Allis-Chalmers’ chairman and CEO. “Furthermore, this acquisition allows us to provide additional equipment to support our casing and tubing handling work in the Gulf of Mexico.”
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pipelines Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1256 sec (8 req/sec)