Rubicon Oilfield International has acquired Tercel Oilfield Products from Lime Rock Partners. Terms of the transaction were not disclosed.
Rubicon Oilfield International is an oilfield products and services company with operational headquarters in Houston, Texas. Rubicon is backed by Warburg Pincus.
Founded in 2010, Tercel is a globally diversified oilfield products with regional headquarters in Houston, Aberdeen, Dubai, and Kuala Lumpur. The company has 22 sales and support offices worldwide including local offices in Abu Dhabi, Bogota, Brussels, Cairo, Calgary, Khobar, Luanda, Perth and Stavanger.