Current Headlines

  1. Orbital Gas Systems Secures GasPT Orders From SAMSON AG
    4/25/2019

    Orbital Gas Systems (“Orbital”), a wholly-owned Energy subsidiary of CUI Global, Inc., recently announced that it has received orders for its GasPTi-F product from SAMSON AG, its global distribution partner, for use by a large industrial user of natural gas in Spain. The number of units comprising the orders was not disclosed.

  2. ExxonMobil Acquires More Exploration Acreage Offshore Namibia
    4/24/2019

    ExxonMobil said recently it will increase its exploration acreage in Namibia with the addition of approximately 7 million net acres (28,000 square kilometers) following the signing of an agreement with the government of Namibia and the National Petroleum Corporation of Namibia (NAMCOR) for blocks 1710 and 1810, and farm-in agreements with NAMCOR for blocks 1711 and 1811A.

  3. Equinor Strengthens Its Commitment To Climate Leadership
    4/24/2019

    In a joint statement prepared with investors participating in Climate Action 100+, Equinor announces new steps to demonstrate further industry leadership on climate change and strong support for the goals of the Paris Agreement.

  4. Oil Discovery In The Deep-Water US Gulf Of Mexico
    4/24/2019

    Operator Shell Offshore Inc. recently announced a significant discovery at the Blacktip prospect in the deepwater U.S. Gulf of Mexico. Equinor holds a 19.1% working interest in the block.

  5. Submersible Pumps Sales Surge In Line With Government Investments W&WW Treatment Projects, Accounting For 5 In 10 Sales
    4/24/2019

    According to a new study, the submersible pumps sales in 2018 closed in on 9,300 thousand units, and is estimated to record a Y-o-Y growth at 4.0% in 2019.

  6. Upwing Energy To Unveil New Artificial Lift Technology At Its First Offshore Technology Conference Appearance
    4/24/2019

    Upwing Energy, an artificial lift technology company, will unveil new downhole technologies at its first Offshore Technology Conference (OTC) appearance in Houston from May 6 to May 9.

  7. LUKOIL Produced 100 Million Tons Of Oil At West Qurna-2 Field
    4/23/2019

    Cumulative production at the West Qurna-2 field has reached 100 million tons of oil as part of successful implementation of Phase 1 of the project.

  8. Baker Botts Acts For Murphy Oil Corporation In Strategic Deep Water Oil-Weighted Gulf Of Mexico Acquisition
    4/23/2019

    Baker Botts L.L.P., a leading international law firm recently announced that firm client Murphy Oil Corporation’s subsidiary, Murphy Exploration & Production Company – USA (“Murphy”), has entered into a definitive agreement to acquire deep water Gulf of Mexico assets from LLOG Exploration Offshore, L.L.C. and LLOG Bluewater Holdings, L.L.C., (“LLOG”).

  9. NETZSCH Showcasing NOTOS Multiple Screw Pumps At 2019 Offshore Technology Conference
    4/22/2019

    NETZSCH Pumps North America, LLC, experts in solutions designed specifically for difficult pumping applications, will be highlighting its NOTOS Multiple Screw Pumps at the Offshore Technology Conference (OTC 2019), which will be held May 6-9, 2019 at NRG Park, in Houston, Texas.

  10. ExxonMobil Signs 20-Year LNG Agreement With Zhejiang Energy
    4/22/2019

    ExxonMobil said recently that it signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply.