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Energy Oilfield Operations Services sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Energy Oilfield Operations Services

1.1 - About Energy Oilfield Operations Services sector

Companies in Energy Oilfield Operations Services deliver specialized drilling, completion, and production support across the upstream lifecycle. They deploy field crews, engineered equipment, and logistics to construct wells, stimulate reservoirs, and maintain assets safely and efficiently. Customers engage these providers for turnkey execution, technical expertise, and HSE compliance that accelerate well delivery, lower lifecycle costs, and improve recovery factors in both onshore and offshore basins.

Offerings span directional drilling with MWD/LWD to hit complex targets and control wellbore trajectory. Providers deliver pressure pumping and hydraulic fracturing to stimulate reservoirs, along with cementing and casing services for secure zonal isolation. They perform wireline logging and perforating, coiled tubing and well intervention to remediate and complete wells, and install and optimize artificial lift. Solutions also cover solids control and drilling fluids management, water transfer and flowback treatment, frac sand logistics, and asset integrity inspection.

Primary customers include exploration and production operators—from integrated majors to independent shale producers—and national oil companies, with drilling contractors engaging for specialty services. Outcomes typically include faster spud-to-first production, reduced drilling and completion costs, increased initial production and ultimate recovery, and improved safety and regulatory compliance. These providers also help minimize downtime and extend field asset life through proactive maintenance and inspections.

2. Buyers in the Energy Oilfield Operations Services sector

2.1 Top strategic acquirers of Energy Oilfield Operations Services companies

SLB Logo

SLB

HQ: United States Website
  • Description: Provider of energy technology solutions focused on unlocking access to energy while reducing carbon impact, delivering advanced recovery, reservoir evaluation, digital and automation technologies, and new-energy offerings such as carbon storage to customers worldwide.
  • Key Products:
  • Lumi Data and AI Platform: Cloud-based AI platform that maximizes, elevates, and scales data-driven decision making, providing full AI life-cycle capabilities for digital and people transformation
  • Well-to-Product Integrated Lithium Solutions: End-to-end lithium production service that cuts industrial-scale battery-grade lithium production time, empowering transition to high-purity rechargeable power sources
  • Reda Agile Compact Wide-Range ESP System: Next-generation electric submersible pump delivering deeper installation, wide flow-rate adaptability, and optimized reservoir production in compact form
  • Intelligent Power Management: Tailored generator set control solution that maximizes performance, improving fuel efficiency, lowering emissions, and extending engine life for drilling and rig operations.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Energy Oilfield Operations Services sector

M&A buyer group 1: Oil & Gas Equipment

40 companies View group →
Description: Companies in the Energy Oilfield Equipment Solutions category design, manufacture, and service critical systems that enable safe, efficient upstream and midstream operations. Offerings span drilling, completions, production handling, compression, and flow control, plus engineering support. These strategic buyers deliver reliability, mechanical availability, and performance improvements, helping operators reduce downtime, optimize throughput, and meet safety and emissions requirements across well sites, processing facilities, and offshore assets.
Air Products

Air Products

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of industrial gas plant support and services, Air Products and Chemicals, Inc. leverages experience designing, building and maintaining 2,200+ facilities worldwide to deliver operation & maintenance assistance, technical engineering support, control-system upgrades, digital optimization, cold-box repair and spare-parts management for customer-owned air separation, LNG, hydrogen and hydrocarbon processing plants.
  • Key Products:
  • Atmospheric Industrial Gases: Supplies bulk oxygen, nitrogen, argon, hydrogen and carbon dioxide delivered on-site or by bulk systems for manufacturing, food processing, healthcare and energy applications, enabling reliable high-purity gas availability
  • Refinery Hydrogen: Produces and delivers large-scale hydrogen used by refineries to remove sulfur and improve fuel quality, employing on-site plants that enhance operational efficiency and environmental compliance
  • LNG Technologies & Equipment: Designs and manufactures liquefied natural gas process technologies and cryogenic equipment that maximize LNG production efficiency and reliability for global energy operators
  • Specialty Materials & Equipment: Provides epoxy additives, gas cabinets, advanced coatings and adhesives that improve material performance, ensure safe semiconductor gas handling, and enhance product durability across electronics and industrial sectors.
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Energy Oilfield Operations Services sector

3.1 - Buyout funds in the Energy Oilfield Operations Services sector

Buyout Funds investing in Energy Oilfield Operations Services companies

51+ funds
Description: Buyout funds focused on Energy Oilfield Operations Services companies globally.

Brookfield Capital Partners

Website HQ: Canada
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Energy Oilfield Operations Services
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Energy Oilfield Operations Services sector

Growth Equity Funds in Energy Oilfield Operations Services companies

41+ funds
Description: Growth equity funds focused on Energy Oilfield Operations Services companies globally.

Ardian

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Energy Oilfield Operations Services
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Energy Oilfield Operations Services companies

4.2 - Public trading comparable groups for Energy Oilfield Operations Services sector

Description: Public companies in this group deliver energy field services and infrastructure operations that enable exploration, production, transport, and storage across hydrocarbons and new energies. Business models combine contracted service work, EPC/EPCM project delivery, and capacity-based fees for pipelines and terminals. They are grouped as public trading comparables due to service-centric revenues, asset-backed cash flows, utilization-driven margins, and exposure to energy capital spending and activity levels.
Enterprise Products logo

Enterprise Products

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of midstream energy services to producers and consumers of natural gas, natural gas liquids, crude oil, refined products and petrochemicals. The company operates an integrated network of assets that transports and processes energy to create value across its system.
  • Key Products:
  • Natural Gas Services: Transportation, storage, and processing of natural gas
  • Crude Oil Services: Transportation, storage, and marketing of crude oil
  • Natural Gas Liquids Services: Processing, transportation, storage and marketing of natural gas liquids
  • Petrochemical Services: Transportation, storage, and marketing of petrochemicals
  • Refined Products Services: Transportation, storage, and marketing of refined products
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Energy Oilfield Operations Services sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Energy Oilfield Operations Services sector

Who are the top strategic acquirers of Energy Oilfield Operations Services companies?

Top strategic buyers in this sector include SLB, a provider of energy technology solutions focused on unlocking access to energy while reducing carbon impact, delivering advanced recovery, reservoir evaluation, digital and automation technologies, and new-energy offerings such as carbon storage to customers worldwide. .

Which buyer groups are most relevant for Energy Oilfield Operations Services companies?

Relevant strategic buyer groups similar to the Energy Oilfield Operations Services sector include Oil & Gas Equipment because they share similar customer segments and product capabilities.

Financial Investors in Energy Oilfield Operations Services sector

Which are the top PE firms investing in Energy Oilfield Operations Services companies?

Potential investors in the broader Energy Oilfield Operations Services space include Ardian and Brookfield Capital Partners.

Who are the top buyout funds acquiring Energy Oilfield Operations Services companies?

Active PE funds and buyout funds acquiring companies in the Energy Oilfield Operations Services space include Brookfield Capital Partners.

Who are the top growth equity funds investing in Energy Oilfield Operations Services companies?

Growth funds investing in the broader Energy Oilfield Operations Services sector include Ardian.

Valuation of Companies in Energy Oilfield Operations Services sector

Which are the key public companies that are relevant trading comps for Energy Oilfield Operations Services companies?

Key trading comparable groups include Enterprise Products, a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids, crude oil, refined products and petrochemicals. the company operates an integrated network of assets that transports and processes energy to create value across its system..

Which are the key trading comparable groups for Energy Oilfield Operations Services companies?

Similar trading comparable companies include Energy Field Services and Infrastructure Companies. Our platform tracks detailed trading comparable groups in the Energy Oilfield Operations Services sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Energy Oilfield Operations Services sector?

Our platform tracks M&A transactions in the Energy Oilfield Operations Services sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Energy Oilfield Operations Services?

Access recent funding rounds in the Energy Oilfield Operations Services sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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