News

Company to Reduce Leverage Substantially, Continues Key Leadership Role in Oil and Gas Technology, Products and Services HOUSTON, TX, May 1, 2017 -- AFGlobal Corporation formally announced today (as previously disclosed) that it has entered into a Restructuring Support Agreement (RSA) with majority support from its senior lenders and launched a solicitation for a pre-packaged reorganization plan that will substantially reduce AFGlobal's debt service obligations and position it for long-term success....

UK facilities earn joint ISO 9001:2015 certification standards for their Management System HOUSTON, TX, September 20, 2016 -- AFGlobal Corporation today announces that the Company's UK facilities in Knaphill and Bromborough have earned a joint ISO 9001:2015 certification standard for their Management System. This certification represents the first award for the current standard across the AFGlobal enterprise. The elevated certification will help the Company evolve the business as a vertically integrated subsea...

Combination creates most complete deepwater MPD offering from a single OEM HOUSTON, TX, July 14, 2016 – AFGlobal Corporation today announces that it has agreed to acquire Managed Pressure Operations (MPO), a subsidiary of MHWirth. As a vertically integrated supplier, this acquisition further solidifies the company's position as a specialized original equipment manufacturer (OEM). The resulting combination of companies creates the most complete deepwater managed pressure drilling (MPD) offering currently available...

Company receives Offshore Technology Conference (OTC) Spotlight on New Technology award for Next-Generation Riser Gas Handling System HOUSTON, TX, May 2, 2016 – AFGlobal Corporation today received the OTC Spotlight on New Technology award for its proprietary Riser Gas Handling (RGH) system. This technology improves traditional drilling efficiencies while helping to mitigate safety concerns and significant risk on deepwater drilling operations. The company was honored at a ceremony held at OTC...

Company responds to increasing oil and gas requirements HOUSTON, TX, February 2, 2016 -- AFGlobal Corporation today announces that its Allpoints facility in New Iberia, Louisiana has been awarded API Q1 quality management and ISO 9001:2008 certification related to the manufacture, repair and service of risers and subsea equipment. These new certifications demonstrate the Company's ongoing commitment to achieving and maintaining the highest industry standards for quality management systems and processes. The API...

Certification expands offering for OEM and Tier I suppliers in aerospace market HOUSTON, TX, November 11, 2015 – AFGlobal Corporation today announced that its Steel Industries facilities in Michigan received AS9100 Rev C certification from the PRI Registrar for demonstrating its ongoing commitment to quality by satisfying customer requirements of the aerospace industry specifications. This achievement positions AFGlobal for growth in the aerospace industry, and boosts the Company's number of certified...

GE Oil & Gas has launched a new program for gas compression packages with AFGlobal as the first participant. Read more...

Curtis Samford, the Company's COO, has been named President and CEO of AFGlobal Corporation. Read more...