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.”