IHS Chemical Week

Markets :: Industrial Gases

Praxair acquires UK oil and gas equipment supplier

8:57 AM MDT | May 29, 2013 | Lindsay Frost

Praxair has acquired Dominion Technology Gases Investment (Aberdeen, UK), a supplier of diving, welding, industrial, laboratory and calibration gases, and related equipment to the offshore oil and gas industry. Financial terms have not been disclosed. “The addition of Dominion significantly expands Praxair's oil and gas–related capabilities to key global customers in the offshore energy segment,” says Scott Kaltrider, v.p./helium and oil and gas services for Praxair. “The Dominion team has built a premier, service-oriented business...

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