First Reserve

First Reserve, established in 1983, is a global private equity firm headquartered in Stamford, Connecticut. With over $32 billion raised and 40 years of industry expertise, the firm specializes in investing in the energy sector, focusing on energy-related manufacturing, services, reserves, renewables, and infrastructure. First Reserve's investment strategy spans across North America, Central Asia, and China, targeting companies with enterprise values ranging from $300 million to $4 billion. The firm aims to create value through operational improvements, add-on acquisitions, and strategic repositioning, ultimately generating returns for its investors.

Thomas Amburgey

Managing Director

Edward Bialas

Managing Director

Adi Blum

Managing Director

William Brown

Managing Director

Wesley Fischer

Vice President

Larry Henry

Managing Director

Yuri C. Larrabee

Director

Nick Lednicky

Vice President

Jonathan T. Lee

Vice President

Ryan Nicholson

Vice President

Eduard Ruijs

Managing Director

Blake H. Seline

Vice President

Dmitry Serov

Associate

Sukant Sethi

Associate

Paul Steen

Director

Alex Williams

Managing Director

Neil A. Wizel

Managing Partner

Past deals in Oilfield Services

Lamons

Acquisition in 2019
Lamons is a manufacturer in the oil and energy sector, focusing on industrial sealing solutions for the petroleum refining, petrochemical, and oil field markets. The company specializes in producing gaskets, fasteners, hose assemblies, and specialty bolts, all of which are designed to meet the needs of mission-critical applications. Lamons ensures that its products are readily available for immediate delivery, providing clients with efficient access to essential equipment. Through its commitment to quality and reliability, Lamons plays a vital role in supporting the operational demands of the energy industry.

Lucero Energy

Post in 2018
Lucero Energy is an independent oil company that specializes in the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations located in the Williston Basin of North Dakota. The company is actively involved in consolidating interests in these regions, aiming to enhance its operational efficiency and resource extraction capabilities.

Lucero Energy

Post in 2018
Lucero Energy is an independent oil company that specializes in the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations located in the Williston Basin of North Dakota. The company is actively involved in consolidating interests in these regions, aiming to enhance its operational efficiency and resource extraction capabilities.

EMS USA - The Integrity Maintenance Platform

Acquisition in 2017
EMS USA is an integrated solution provider for all pipeline and facility maintenance, integrity, measurement and automation services.

Plains All American Pipeline

Post in 2016
Plains All American Pipeline, L.P. is a prominent player in the energy sector, specializing in the transportation, storage, and marketing of crude oil and natural gas liquids (NGL) across the United States and Canada. Founded in 1998 and headquartered in Houston, Texas, the company operates through three main segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment manages an expansive network of approximately 18,535 miles of active pipelines and gathering systems, enhancing its capacity to transport crude oil and NGL via diverse methods, including pipelines and barges. The Facilities segment focuses on storage and terminalling services, boasting significant storage capacities for crude oil, NGL, and natural gas, alongside various processing facilities. Lastly, the Supply and Logistics segment is involved in purchasing and marketing crude oil and NGL, managing inventories, and utilizing a fleet of trucks, trailers, and railcars for transportation. Plains All American Pipeline handles over 3.5 million barrels of crude oil and NGL daily, emphasizing its critical role in the energy supply chain, particularly in North America's major production areas.

Amromco Energy

Private Equity Round in 2011
Amromco Energy LLC is an independent exploration and production company headquartered in Houston, Texas, with additional offices in New York and Romania. The company specializes in enhancing existing oil and gas fields in emerging markets, particularly in Romania, where it became the first private entity to produce hydrocarbons in fifty years, starting gas production in June 2003. Amromco operates enhancement activities for twenty-eight gas fields in Romania and is actively seeking further opportunities in Romania and other countries in Central and South East Europe. Its services encompass drilling, location preparation, and natural gas production management.

Acteon Group

Acquisition in 2006
Acteon Group Limited specializes in providing subsea services tailored for the oil and gas industry, both in the United Kingdom and internationally. The company offers a range of services, including high precision subsea measurement, monitoring, and data management of assets and their environments. Additionally, Acteon delivers riser and mooring services, which encompass the design, supply, installation, relocation, and decommissioning of infrastructure. The company also provides machinery rental services to support various operations. In addition to its oil and gas focus, Acteon extends its expertise to the renewable energy and nearshore construction sectors, offering engineering services and technology that enhance operational efficiency and reduce costs and environmental impact for marine infrastructure projects.
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