IHS Acquires PFC Energy

Acquired the Washington-based energy consultants.

IHS Inc. (NYSE:IHS), a leading global source of critical information and analytics, on June 21 announced the acquisition of PFC Energy, an established leader in providing information, insight, and analytical products and services for the oil and gas value chain.

“The acquisition of PFC Energy brings energy information and research depth and strengthens our presence in North America, Europe, Asia Pacific and the Middle East,” said Scott Key, IHS president and chief executive officer. “For more than 25 years, PFC Energy has built a solid reputation as an integrated information, research and advisory firm covering the oil and gas value chain. 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 who will support the growth of critical IHS energy solutions.”

The emergence of unconventional oil and gas has created a revolution with global impact across all sectors of the energy industry. According to Key, PFC Energy’s strong focus on upstream and downstream energy insights will allow IHS to provide new, complementary solutions to support customers’ workflows and decisions.