Latest Headlines
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One X - A Completions Partner, A Kingswood Capital Management Portfolio Company, Announces Strategic Add-On Acquisition Of United Energy Partners
5/15/2025
One X - A Completions Partner (“One X”), a Kingswood Capital Management, LP (“Kingswood”) portfolio company, announced today that it has acquired United Energy Partners (“UEP”), the leading provider of pressure control services and equipment rental solutions for energy operators.
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Strathcona Announces Sale Of Montney Business For $2.84B And Acquisition Of Hardisty Rail Terminal
5/14/2025
Strathcona Resources Ltd. (“Strathcona” or the “Company”) is pleased to announce that it has entered into definitive agreements to sell substantially all of its Montney assets for approximately $2.84B, pursuant to three separate transactions.
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IPAA Congratulates Katharine Macgregor On Deputy Secretary Of Interior Confirmation
5/14/2025
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued the following statement congratulating Katharine MacGregor for her Senate confirmation to be the Deputy Secretary of the Department of Interior by a vote of 54-40.
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Aramco Announces 34 MoUs And Agreements With US Companies
5/14/2025
Aramco, one of the world’s leading integrated energy and chemicals companies, yesterday announced the signing of 34 Memoranda of Understanding (MoUs) and agreements, with a potential total value of approximately $90B, with major US companies, through its Aramco Group Companies.
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PETRONAS, XRG, Hazarnebit And Turkmennebit Partner On Strategic Gas Asset In Turkmenistan
5/14/2025
PETRONAS, XRG, State Enterprise Hazarnebit, and State Concern Turkmennebit have signed a new Production Sharing Contract (PSC) for the Block I gas and condensate fields in Turkmenistan. As part of the transaction, a long-term Gas Sales Agreement (GSA) was also signed with State Concern Turkmengas.
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ABB And RMG To Collaborate On Ultrasonic Gas Meters For The US Energy Market
5/13/2025
ABB and RMG, a leading German manufacturer of gas meters for natural gas, biogas and industrial gases, have signed a supply frame agreement that will enable ABB to support energy customers in the United States with high precision gas measurement.
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Inserting And Replacing Woodside And Aramco Sign Collaboration Agreement
5/13/2025
Insert after fifth paragraph: The collaboration agreement was signed in Riyadh at the Saudi-US Investment Forum attended by Saudi Arabian Crown Prince and Prime Minister Mohammed bin Salman and US President Donald Trump.
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Eni Announces Production Start-Up From Merakes East Field, Offshore Indonesia
5/13/2025
Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field is in the East Sepinggan block (Eni 85%, Op.) and will contribute up to 100 MMSCFD of gas or approx. 18,000 boepd to Eni’s production.
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McDermott Advances Scarborough EPCIC With Successful FPU Floatover
5/13/2025
McDermott announces the safe, successful completion of fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy.
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New Sensaphone Sentry Remote Monitoring System: Next-Generation Alternative To Legacy Landline Auto Dialers
5/12/2025
The new Sensaphone Sentry remote monitoring system is an ideal replacement for traditional landline-based auto dialer devices that are becoming obsolete because they rely on outdated, often unsupported, copper telephone lines.