Latest Headlines

1. API Signs First MOU With Azerbaijan’s National Oil Company 1/14/2021

   The American Petroleum Institute (API) today signed a Memorandum of Understanding (MOU) with the State Oil Company of Azerbaijan Republic (SOCAR), Azerbaijan’s national oil company, to collaborate on industry standards with the goal of enhancing safety, environmental protection and sustainability across the industry.

2. Marlink Group Enters Into A Definitive Agreement To Acquire ITC Global 1/13/2021

   Marlink Group, backed by Apax Partners (France), has signed a definitive agreement to acquire 100% of ITC Global, the leading provider of satellite communications solutions, from Panasonic

3. Maersk Drilling Secures One-Well UK Contract For Maersk Resolve 1/13/2021

   Maersk Drilling has been awarded a contract from Spirit Energy for the harsh-environment jack-up rig Maersk Resolve to drill one development well at Grove North East in the UK North Sea.

4. API Outlines Path To Affordable, Reliable And Cleaner Energy Future In Annual State Of American Energy Event 1/13/2021

   The American Petroleum Institute (API) today hosted its annual State of American Energy address, where it outlined actions the natural gas and oil industry is taking to support the nation’s economic recovery and a vision for an affordable, reliable and cleaner energy future.

5. CGG Satellite Mapping Completes Barents Sea Seeps Study For Norwegian Petroleum Directorate 1/12/2021

   CGG’s Satellite Mapping group recently completed an innovative high-resolution hydrocarbon seeps study commissioned by the Norwegian Petroleum Directorate (NPD).

6. Coretrax Celebrates First Deployment Of Expandable Drilling Liner In Norway 1/12/2021

   Coretrax, the global well integrity and production optimisation leader, has marked a significant milestone with the first deployment of its expandable liner technology in Norway since acquiring Mohawk Energy.

7. Orbital Energy Group Launches Eclipse Foundation Group 1/12/2021

   Orbital Energy Group, Inc. (“Orbital Energy” or the “Company”) announced today the launch of a new subsidiary, Eclipse Foundation Group, a drilled shaft foundation construction company that specializes in providing services to the electric transmission and substation, industrial, communication towers and disaster restoration market sectors, with expertise in water, marsh and rock terrains.

8. Toolserv To Represent Paradigm Drilling Services 1/12/2021

   The agreement will see Toolserv AS exclusively managing supply, sales and rental of Paradigm Drilling products and services in Norway with the outlook to expand to other countries as business and demand grows.

9. API Plans Ambitious Aftermarket Audit Program For 2021 1/12/2021

   The American Petroleum Institute today announced the start of the 2021 cycle of the Aftermarket Audit Program (AMAP) with the goal of testing up to 1,300 packaged and bulk engine oil samples this year from around the world.

10. EPA Reduces Regulatory Burden And Emissions From Large Storage Tanks By Allowing Alternative Inspection Method 1/12/2021

    Today, the U.S. Environmental Protection Agency (EPA) expanded the availability of a proven, modern inspection method for finding and correcting air pollution leaks at large liquid storage tanks