US oilfield service firm Halliburton has bought a package of well intervention tools from Aberdeen-headquartered Westerton UK.
A spokesman for Halliburton clarified that the company had not acquired Westerton UK itself, but had bought a complete portfolio of assets associated with electromechanical cutting and punch tools.
Westerton UK employees were included in the deal, and have transferred to Halliburton.
The parties declined to disclose a fee or say how many employees made the switch.
Westerton UK is majority-owned by Aberdeen businessman Robin Porter, according to documents published on Companies House in June.
Mr Porter, whose former employers include Total and Baker Hughes, founded the firm in 2009 to specialise in fishing – the retrieval of broken equipment obstructing a well.
He is also listed by Companies House as the person with significant control of Westerton Access, an inspection and maintenance company based at the Norsea Centre in Altens Industrial Estate.
It is a separate business and is not part of Halliburton’s deal with Westerton UK, whose base is in the nearby East Tullos Industrial Estate.