WOOD Group has expanded its reach in the United States shale oil market with the acquisition of Texas based maintenance and fabrication business Duval Lease Services.
The value of the deal was not disclosed but Duval, founded in 1982, reported $32 million of sales in 2011 and had gross assets of $14m.
It operates in the onshore oil and gas market including the Eagle Ford shale region in the south of Texas which is rich in oil and natural gas formations.
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