GlobeNewswire Press

  1. Permian Producer To Evaluate Produced Oilfield Water System That Saves Up To 90% Of Disposal Costs

    As the oil patch seeks to cut costs, a radically efficient method of evaporating produced water—Evaporation 2.0—is now available from industrial wastewater firm RWI Enhanced Evaporation.

  2. VAALCO Energy Announces Commencement Of 2019/2020 Drilling Campaign At Etame And Provides Operational Update

    AALCO Energy, Inc. (NYSE: EGY) (“VAALCO” or the “Company”) today announced that the Company has commenced its 2019/2020 drilling campaign and spud the Etame 9P appraisal wellbore at the Etame field offshore Gabon.

  3. Subsea 7 Awarded Contract Offshore Saudi Arabia

    Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN LU0075646355) today announced the award of a large(1) contract by Saudi Aramco for Marjan Increment Projects - Package 2, offshore Saudi Arabia.

  4. Vallourec Has Been Awarded A USD 900 Million Contract With ADNOC For The Supply Of Tubing And Casing As Well As Services

    Vallourec has been awarded1 a contract by Abu Dhabi National Oil Company for the supply of tubing and casing, over a five year period, with a possible 2-year extension, for an amount of USD 900 million.

  5. Meridian Energy Group, Inc. Completes Water Supply And Wastewater Agreements With The City Of Dickinson For Davis Refinery

    Meridian Energy Group, Inc., the leading innovator in the petroleum refining industry, announced today that it has executed long-term water supply and wastewater agreements with the City of Dickinson, North Dakota

  6. W&T Offshore Completes Acquisition Of Producing Properties In Gulf Of Mexico And Named Apparent High Bidder On Two Blocks In The Latest Gulf Of Mexico Lease Sale

    W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) announced today that it has closed the previously-announced purchase of ExxonMobil Corporation’s ("ExxonMobil") interests in and operatorship of oil and gas producing properties in the eastern region of the Gulf of Mexico (“GOM”), offshore Alabama, and related onshore and offshore facilities and pipelines.

  7. PDC Energy Announces Strategic Combination With SRC Energy In All-Stock Transaction

    PDC Energy, Inc. ("PDC" or the "Company") (NASDAQ: PDCE) and SRC Energy, Inc. (“SRC”) (NYSE: SRCI) today announced they have entered into a definitive merger agreement under which PDC will acquire SRC in an all-stock transaction valued at approximately $1.7 billion, including SRC’s net debt of approximately $685 million as of June 30, 2019.

  8. Trafigura And Buckeye Receive First Deliveries Of Crude Oil From New Permian Pipeline Construction

    Trafigura Trading LLC, (“Trafigura”) and Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that Trafigura has received its first delivery of Permian crude oil from Plains All American’s Cactus II pipeline at the Buckeye Texas Partners terminal in Corpus Christi, Texas.

  9. Sanchez Energy Takes Action To Strengthen Balance Sheet And Support Long-Term Strategy
  10. RigNet Signs Multiple Long-Term Strategic Agreements With Transocean

    RigNet (NASDAQ: RNET, the company), the leading provider of ultra-secure, intelligent networking solutions, announced today that it has signed two multi-year agreements with Transocean, one of the world’s largest offshore drilling contractors.