Henderson Acquires HP Piping Solutions
Drilling rigs and capital drilling equipment sales and service provider Henderson said it has acquired high specification/high pressure fabrication company HP Piping Solutions in a move to further improve its service capabilities within the growing North American oil and gas market.
HP Piping Solutions offers high-pressure mud piping, mud gas separators, relief loops, well control manifolds and other drilling-related products.
The company also supplies spool pipe and pressure vessel fabrication for the refining and petrochemical industries. HP Piping Solutions’ Genesis Pressure Control Group manufactures blowout preventer control units, nitrogen backup systems and reservoir filtration units.
Henderson has acquired all the assets and ongoing operations of HP Piping Solutions, subsuming existing leases at facilities in Southwest Houston, Pearland and Midland, Texas.
Dan Henderson, CEO, Henderson, said, “This acquisition serves to fulfill an urgent requirement for more rig service capacity in the growing North American oil and gas market. HP Piping Solutions enhances the services in Henderson’s already strong portfolio of customer offerings, which includes rig and equipment refurbishment, repair and upgrade services. The addition of HP Piping Solutions’ high quality services will enable us to better meet the needs of our well-established customer base in Houston and the Permian Basin, but will also provide us with fresh opportunities to engage with new customers on a global scale.”