Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
Apple Turns 50: From Garage Startup to AI Crossroads 
Luxury Car Sales in the Middle East Take a Hit Amid Iran War 
Ukrainian Drones and the #MadeByHousewives Movement: Kyiv Fires Back at Rheinmetall CEO 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
Britain Courts Anthropic Amid US Defense Department Dispute 
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
Europe's Aviation Sector on Track to Meet 2025 Green Fuel Mandate 
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports 
HOUSTON, July 06, 2017 -- AFGlobal today announced its acquisition of Advanced Measurement Inc. (AMI), a key provider of automation, controls and data management systems. This acquisition enhances the company’s current upstream drilling, completion and production smart technology, providing better answers and efficiencies for its clients.
“AMI’s offerings will help broaden our reach as an OEM,” commented Curtis Samford, President and CEO of AFGlobal. “This strategic technology addition will serve as an important vehicle for us to further develop more advanced control and data management offerings, enhancing our ability to help clients achieve stronger production gains and make better real-time decisions.”
“AFGlobal is an ideal fit for AMI, and the opportunities afforded by the match up are tremendous. We will be well positioned to expand beyond our current stronghold in pressure pumping controls into new markets, such as managed pressure drilling and compression,” commented Jeff Aitchison, President of AMI. “We will also be able to leverage our core competency in technology development to strengthen AFGlobal’s overall market offering, while growing our controls and data management capabilities."
Currently based in Calgary, Alberta, AMI provides products and services to a broad customer base ranging from contractors and operators to service companies. Their controls and data management portfolio most notably support the pressure pumping segment, with plans to extend into additional upstream markets. Prior to the acquisition, AMI was a wholly-owned subsidiary of Key Energy Services, Inc. (NYSE:KEG).
AFGlobal is an oil and gas OEM specializing in technology, products, and services. Our fully-integrated manufacturing capabilities serve clients around the world. We align well-established precision engineering with industry-leading innovation. AFGlobal provides strategic technologies to the upstream market, including advanced drilling systems, pressure pumping technologies, lifecycle services and subsea production systems. Headquartered in Houston, Texas, the Company delivers value through more than 20 facilities worldwide. www.afglobalcorp.com
CONTACT: Christine Mathers | Director of Communications | +1.713.393.4361 | [email protected]
