Latest Headlines

  1. PETRONAS Welcomes SK earthon As New Upstream Investor And Operator In Malaysia 4/22/2022

    ETRONAS today signed a Production Sharing Contract (PSC) with SK earthon Co., Ltd. (SK earthon) and Petroleum Sarawak Exploration & Production Sdn.

  2. Ready For Launch: Acteon’s Fully-Loaded PROD5 With Next-Generation Drilling Package 4/21/2022

    Benthic, a product and service line brand within Acteon’s Geo-services segment, is launching the next generation of its portable, remotely operated drill: PROD5.

  3. Liberty Oilfield Services Inc. Announces First Quarter 2022 Financial And Operational Results 4/20/2022

    Liberty Oilfield Services Inc. announced today first quarter 2022 financial and operational results.

  4. Martin Water Midstream, LLC Launches Operations In Martin County, Texas To Provide Infrastructure And Recycling Solutions To Address Upstream Oil And Gas Companies’ Produced Water Constraints 4/20/2022

    As of January 1, 2022, Martin Water Midstream, LLC and its affiliates (“MWM” or the “Company”), a newly-formed and well-capitalized water midstream operator, will focus operations in Martin County, providing tailored services and innovative solutions to upstream oil and gas companies (“E&P Operators”) through a robust water grid, including: (i) fixed pipe infrastructure, gathering and transporting produced water (“PW”) from the wellsite to multiple recycling facilities; (ii) treating the PW with an industry-leading partner

  5. API: Administration’s NEPA Rewrite Undermines Global Energy Security 4/19/2022

    The American Petroleum Institute (API) issued the following statement from Senior Vice President of Policy, Economics and Regulatory Affairs Frank Macchiarola in response to the White House Council on Environmental Quality’s (CEQ) revised National Environmental Policy Act (NEPA) Phase 1 regulations.

  6. Halliburton Announces First Quarter 2022 Results 4/19/2022

    ​Halliburton Company announced today net income of $263M, or $0.29 per diluted share, for the first quarter of 2022. This compares to net income for the first quarter of 2021 of $170M, or $0.19 per diluted share.

  7. Schlumberger Announces Collaboration With PETRONAS To Explore Opportunities In Sustainability, Digitalization, Internet Of Things And Joint Technology Developments 4/18/2022

    Schlumberger and PETRONAS recently signed a memorandum of understanding that formalizes the parties’ collaboration, leveraging Schlumberger’s domain expertise and technology solutions.

  8. EnerMech’s New Azerbaijan Partnership With Oil & Gas Proserv Secures Contracts With Operators Worth (USD) $3M 4/18/2022

    A new joint venture (JV) between EnerMech and Oil & Gas Proserv (OGP), an affiliated company of Nobel Energy Group in Azerbaijan, has secured its first two contracts in the region totalling (USD) $3M.

  9. Greene’s Energy Group Announces Adam Doyle As President And Chief Operating Officer And Frank Mathews To Board Of Directors 4/18/2022

    Greene’s Energy Group, LLC (Greene’s), a diversified oil service company and leading provider of integrated testing, rentals and specialty services, has appointed Adam Doyle to the role of President and Chief Operating Officer.

  10. API: U.S. Natural Gas And Oil Key Strategic Asset To America And Allies 4/14/2022

    American Petroleum Institute (API) President and CEO Mike Sommers today addressed The Economic Club of Florida and discussed the critical importance of American energy leadership at a time of geopolitical volatility and rising energy costs around the world. Sommers urged policymakers to advance U.S. natural gas and oil production to support stability in global energy markets and ensure access to affordable, reliable energy for American consumers and our allies overseas.