Current Headlines

  1. Shell Completes Malaysia LNG Tiga Equity Sale

    Shell Gas Holdings (Malaysia) Limited, a subsidiary of Royal Dutch Shell plc, announced recently that it has completed the sale of its 15% shareholding in Malaysia LNG Tiga Sdn Bhd (MLNG Tiga) to the Sarawak State Financial Secretary (SFS) for an agreed consideration of $750M.

  2. Wellsite Appoints Jessica Roger As Vice President Of Administration

    Wellsite Fishing and Rental Services, LLC (“Wellsite”), a leading provider of drilling and completion rental equipment, has promoted Jessica Roger to vice president of administration. She will be located at the corporate office in Broussard, Louisiana.

  3. Southern Cross And Picarro Announce Partnership

    Picarro, the leading provider of intelligent leak detection software solutions, and Southern Cross, a leading provider of field services to utilities for over 70 years, are partnering to combine decades of industry field knowledge and the most advanced analytics technology to deliver data-driven asset management solutions that help meet evolving utility industry requirements.

  4. Petroteq Unveils Asphalt Ridge Oil Extraction Facility, Initiates Production

    Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV: PQE; OTC: PQEFF; Frankfurt: A2DYWC), a company focused on the development and implementation of proprietary technologies for the energy industry, announced the successful unveiling of its environmentally friendly heavy oil processing and extraction plant located at the Asphalt Ridge in Uintah Basin, Utah.

  5. Genstar Capital Announces Agreement To Acquire Drilling Info Holdings, Inc

    Genstar Capital, a leading private equity firm focused on investments in targeted segments of the software, industrial technology, healthcare, and financial services industries, recently announced the signing of a definitive agreement to acquire Drilling Info Holdings, Inc. a portfolio company of Insight Venture Partners.

  6. Equinor Awards Light Well Intervention Contract To Akofs

    Akofs Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licences in the period 2020 to 2025.

  7. Equinor Offered Interesting Licences In 24th Licensing Round

    The Ministry of Petroleum and Energy has offered Equinor 7 licences in the 24th licensing round – 5 operatorships and 2 partner positions.

  8. Baytex And Raging River To Merge And Create A Top-Tier North American Oil Producer With Exceptional Assets And A Strong Balance Sheet

    Baytex Energy Corp. (“Baytex”) (TSX:BTE) (NYSE:BTE) and Raging River Exploration Inc. (“Raging River”)(TSX:RRX) are pleased to announce that their respective boards of directors have unanimously agreed to a strategic combination of the two companies (the “Transaction”).

  9. Gas Discovery At SD-4X Well, Egypt, LMS-1 Well Test Results

    SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its SD-4X well in the South Disouq Concession, Egypt (SDX 55% working interest and operator).

  10. BCCK CEO Clark Butts Named A 2018 Texas Tech Distinguished Engineer

    BCCK Holding Company (BCCK), a leader in engineering, procurement, fabrication and field construction services, has announced that BCCK’s president and CEO, Clark Butts, was named a 2018 Texas Tech Distinguished Engineer.