# Pelican Energy Partners closes purchase of Baker Hughes SPC Flow unit

Pelican Energy Partners closed its purchase of the Surface Pressure Control Flow business unit of Baker Hughes on 31 October 2020. The unit becomes an independent company called Vault Pressure Control, serving pressure control customers in the US, Canada, Australia, Papua New Guinea and Trinidad and Tobago.

- Type: Acquisition
- Announced: 2020-10-31
- Where: Houston, United States
- Status: completed
- Products: surface pressure control equipment, flow control products
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Vault Pressure Control](https://endata.com/companies/7184.md)
- [Baker Hughes](https://endata.com/companies/1895.md) (partner)
- [Pelican Energy Partners](https://endata.com/companies/2210.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/pelican-energy-partners-announces-the-close-of-the-previously-announced-agreement-to-acquire-the-surface-pressure-control-flow-business-unit-of-baker-hughes-301165263.html), 2020-11-02: "On October 31, 2020, Pelican Energy Partners LP (Pelican) closed on the previously announced purchase of the assets of the Surface Pressure Control Flow (SPC Flow) business unit of the Oilfield Equipment segment of Baker Hughes."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.