IHS Inc acquires PFC Energy

IHS Inc. this week announced it had acquired PFC Energy, expanding its reach in both North America and key markets in Europe, Asia Pacific and the Middle East.

“This gives us the opportunity to expand the IHS presence in high-growth markets, and to leverage the skills and expertise of regionally located research colleagues,” Scott Key, IHS president and CEO said in a written statement.

IHS Inc., based in Englewood, Colo., operates in 31 countries to offer business information and analytics.

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PFC Energy is a global consulting firm specializing in the oil and gas industry, serving oil and gas operators, national oil companies, service companies, investors and governments. It is based in Washington D.C. and has offices in Houston, Kuala Lumpur, Moscow, Paris, Beijing and Singapore.

“With PFC Energy, we join forces with a company that already serves a blue-chip client base composed of leading oil, gas and financial companies,” Key said. “Their market analysis and models integrate seamlessly with our capabilities, enabling IHS to accelerate our current organic development across the entire oil and gas value chain.”

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About The Author

Jeannie Kever joined the Houston Chronicle's energy team in September 2012. A native of West Texas, she has been at the Houston Chronicle since 1997, working in the features department for 10 years before moving to the city desk, where she reported on higher education, the 2010 Census and health care before moving to the business desk. She previously worked at the Sarasota (Florida) Herald-Tribune, the San Antonio Light, the Longview (Washington) Daily News, the El Paso Times and the San Angelo Standard Times.