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Baker Hughes Secures Major Multi-Year Well Construction Services Contract with Petrobras

Baker Hughes Secures Major Multi-Year Well Construction Services Contract with Petrobras

by Efrain Garcia | Mar 3, 2024 | Upstream News

February 21, 2024 at 8:00 AM EST Company to provide well construction services in Buzios field offshore Brazil Positions Baker Hughes as integrated solutions supplier for Petrobras HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy...
Fervo Energy Raises $244 Million to Accelerate Deployment of Next-Generation Geothermal

Fervo Energy Raises $244 Million to Accelerate Deployment of Next-Generation Geothermal

by Efrain Garcia | Feb 29, 2024 | Upstream News

HOUSTON, TX (February 29, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas. This financing will unlock Fervo’s next...
$11 Billion Cash and Stock Deal: Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company with Top-Tier Shareholder Returns

$11 Billion Cash and Stock Deal: Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company with Top-Tier Shareholder Returns

by Efrain Garcia | Feb 21, 2024 | Upstream News

Enhanced Operating Scale to Drive Returns and Free Cash Flow; Combined Acreage Position Totaling 1.3 Million Net Acres and Combined 4Q23 Production of 287,000 Boepd Combined Company has Approximately 10 years of Low-Breakeven Inventory with Significant Opportunity to...
BREAKING: $26 Billion Merger – Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. to Merge to Create a Premier Permian Independent Oil and Gas Company

BREAKING: $26 Billion Merger – Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. to Merge to Create a Premier Permian Independent Oil and Gas Company

by Efrain Garcia | Feb 12, 2024 | Upstream News

BREAKING Oil and Gas Industry News Brought to you By: MIDLAND, Texas, Feb. 12, 2024 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) and Endeavor Energy Resources, L.P. (“Endeavor”), today announced that they have...
NOW offering MARKETING through our Allstream Energy Partners – Allstream: People From The Industry, Helping Tell A Story

NOW offering MARKETING through our Allstream Energy Partners – Allstream: People From The Industry, Helping Tell A Story

by Efrain Garcia | Feb 3, 2024 | Upstream News

📣 Industrial MARKETING Support – Contact Info@AllstreamEP.com to schedule a call. We are now offering MARKETING through our Allstream Energy Partners Marketing – Billboards, Marketing Collateral, Digital Marketing Special Projects / Campaigns Video...
BREAKING: $7.4 Billion Deal – Chesapeake Energy Corporation and Southwestern Energy to Combine to Accelerate Americas’s Energy Reach

BREAKING: $7.4 Billion Deal – Chesapeake Energy Corporation and Southwestern Energy to Combine to Accelerate Americas’s Energy Reach

by Efrain Garcia | Jan 11, 2024 | Upstream News

OKLAHOMA CITY and SPRING, Texas, Jan. 11, 2024 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced that they have entered into an agreement to merge in an all-stock transaction valued at $7.4...
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