Forum Oilfield Files for IPO

Forum Oilfield Technologies Inc., a Houston-based maker of drilling and flow control products for oil and natural gas drilling and production applications, has filed for a $345 million IPO. It plans to trade on the NYSE under ticker symbol FOT, with Credit Suisse and JPMorgan serving as co-lead underwriters. SCF Partners helped form the company in 2005, and holds a majority ownership position.