Industry News
Enhancing Digital Presence in Oil and Gas Industry with SEO: Insights from Allstream Energy Partners a Digital Marketing and SEO Agency in Houston
In today’s digital era, having a strong online presence has become crucial for businesses across all industries, including Oil and Gas. To stand out in a highly competitive market, companies must effectively navigate the digital landscape and employ effective...
McDermott and BW Offshore Announce Collaboration to Enable Offshore Blue Ammonia Production
This News Article Brought to you by: HOUSTON and SINGAPORE, Sept. 19, 2024 /PRNewswire/ -- McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production. This strategic partnership...
Transocean Ltd. Announces $232 Million Ultra-Deepwater Drillship Contract – Deepwater Atlas with bp in the U.S. Gulf of Mexico
STEINHAUSEN, Switzerland, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract for the Deepwater Atlas with bp in the U.S. Gulf of Mexico. The contract also provides for a 365-day option. The program is...
$1.8 Billion : Quantum Capital Group Acquires Assets from Caerus Oil and Gas for $1.8 Billion
Establishes QB Energy to Own and Operate the Piceance Assets Existing Quantum Portfolio Company KODA Resources to Own and Operate the Uinta Assets HOUSTON, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Quantum Capital Group (“Quantum”) and Caerus Oil and Gas (“Caerus”) today...
MERGER: Leading Independent Proxy Advisory Firm ISS Recommends Stockholders Vote “FOR” Dril-Quip’s Merger with Innovex
This News Article is Brought to you by: ISS endorses transaction to create a unique energy industrial platform with greater scale, strong EBITDA, free cash flow generation, and significant opportunities to grow value for all stockholders ISS notes that “a vote for the...
Moving To Texas: Chevron announces headquarters relocation and senior leadership changes
This news article is brought to you by: San Ramon, Calif., August 2, 2024 – Chevron Corporation (NYSE:CVX) today announced the relocation of the company’s headquarters from San Ramon, California, to Houston, Texas, and senior leadership changes. Headquarters...
$817.5 Million Acquisition: Permian Resources Announces Strategic Bolt-On Acquisition of Core Delaware Basin Assets
Breaking News brought to you by: July 29, 2024 06:31 AM Eastern Daylight Time: MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that it has entered into a definitive agreement with...
Occidental Announces Progress on Divestiture and Debt Reduction Program
Breaking News brought to you by: Agreed to sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for approximately $818 million Additional dispositions in 2024 with total purchase price proceeds of approximately $152 million bring total...
BREAKING: $1.9725 Billion : Helmerich & Payne, Inc Announces Agreement to Acquire KCA Deutag International Limited
Establishes H&P as a global leader in onshore drilling Immediately accretive to cash flow and free cash flow per share Enhances scale and diversification, now with leading positions in the U.S. and Middle East, the two most prominent oil and gas producing regions...
ADIPEC Technical Conference receives record-breaking 5,977 submissions
This Article is Brought to you By: Total submissions increased by 16% over last year to nearly 6,000 38% increase in submissions for Energy Transition and Decarbonisation and 32% increase in submissions for AI and Digital Transformation categories Submissions reveal...