Latest Headlines

  1. Schlumberger Appoints Olivier Le Peuch As CEO

    Schlumberger Limited announced recently that its Board of Directors has appointed Olivier Le Peuch as its Chief Executive Officer and member of the Schlumberger Board, effective August 1, 2019.

  2. McDermott Opens Expanded London Subsea Center Of Excellence

    McDermott International, Inc. recently announced it has relocated its Subsea Center of Excellence from Epsom in Surrey to Bedfont Lakes office park near Feltham in Lond

  3. TRC And T.D. Williamson Partner To Provide Safe, Innovative And Cost-Saving Services To Pipeline Operators

    TRC, a leading provider of end-to-end engineering, consulting and construction management solutions fueled by innovative technology, has joined with T.D. Williamson (TDW) to support pipeline operators with safe, reliable and efficient services to get them in compliance with the new federal “Gas Mega Rule.”

  4. Novi Brings Thought Leadership And Latest AI Well Planning Innovation To URTeC 2019

    Novi Labs (Novi) announces its participation in the Unconventional Resources Technology Conference (URTeC), being held next week in Denver, Colorado.

  5. ExxonMobil Signs Collaboration Agreement To Accelerate Development Of Open Process Automation Systems

    ExxonMobil said recently it has signed collaboration agreements with six other companies to accelerate the development of Open Process Automation (OPA) systems.

  6. U.S. On Track To Become Net Energy Exporter With Crude Oil Exports Reaching New Highs, Benefiting American Consumers

    U.S. crude oil exports reached a new all-time high of 3.3 million barrels per day (mb/d) in June 2019, a 1.1 mb/d year-over-year increase, according to the latest Monthly Statistical Report released recently by the American Petroleum Institute (API).

  7. Arcline Investment Management To Acquire The Reciprocating Compression Division Of Baker Hughes, A GE Company

    Arcline Investment Management ("Arcline"), a growth oriented private equity firm with $1.5 billion of capital under management, today announced that it has signed a definitive agreement to acquire the Reciprocating Compression division of Baker Hughes, a GE company (NYSE: BHGE).

  8. Wild Well Control Adds Proven Technology To Subsea Capping Stacks For Enhanced Capabilities And Response

    Wild Well Control, Inc., a Superior Energy Services company and a global leader in well control and engineering services, is pleased to announce a new contract with Fugro for the provision of BOP intervention skids and test units for inclusion in its Subsea Response Kit.

  9. Sparrows Group Secures Approved Supplier Status From Saudi Aramco

    Global specialist equipment and integrated engineering services company, Sparrows Group, has bolstered its position in Saudi Arabia after securing vendor approval status from national oil company, Saudi Aramco.

  10. Elite Opportunity Fund Launches 1st National Energy Opportunity Zone Fund To Attract Investors In The Oil & Gas Industry

    Elite Opportunity Fund launches 1st National Energy Opportunity Zone Fund to attract investors in the Oil & Gas industry.