Industry News
TSC Drill Pipe Launches TSC HOIST
TSC Drill Pipe, a leading oilfield equipment company, has launched TSC HOIST (Hands On Interactive Support and Training), a new customer-centric program. The initiative aims to enhance customer service in drill pipe operations and maintenance through personalized...
BREAKING: Worley AWARD – Worley selected to Support Bayou Bend CCS Project (Texas) with Design and Evaluation Services
These breaking news brought to you by: Providing design and evaluation services for Bayou Bend CCS LLC’s carbon capture and storage facility "We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast...
$500 million investment Future Energy Fund III in emerging lower carbon technologies – Chevron Technology Ventures (CTV)
These Breaking News are Brought to you By: Chevron’s Jim Gable recently discussed the company’s Future Energy Fund III at the BloombergNEF Summit. Jim Gable, president of Chevron Technology Ventures (CTV), recently spoke at a BloombergNEF event in New York. He talked...
Offshore Wind USA 2024: Agenda Timings Released! How Orsted, Equinor and DoE will deliver profitable offshore wind projects
As new lease auctions signal renewed market activity and momentum, it is critical for developers to navigate regulatory, economic, and supply chain challenges to avoid delays that could jeopardize project profitability. To learn how Reuters Events: Offshore Wind USA...
BREAKING: $125 Million Deal – Talos Energy Announces Divestiture of Talos Low Carbon Solutions Subsidiary to TotalEnergies
Houston March 18, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos") (NYSE: TALO) today announced that it has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions LLC ("TLCS"), to TotalEnergies E&P USA, Inc....
BREAKING: $35 Billion Enterprise Value -EQT Announces Transformative Acquisition of Equitrans Midstream
These breaking news brought to you by: EQT Announces Transformative Acquisition of Equitrans Midstream 03/11/2024 Creates America's only large-scale, vertically integrated natural gas company prepared to compete on the global stage All stock transaction with combined...
Baker Hughes Secures Major Multi-Year Well Construction Services Contract with Petrobras
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
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...
Happy Engineers Week
In the realm where numbers dance, And logic reigns in every chance, There comes a week, so full of cheer, Where engineers let loose, I hear! With slide rules and CAD designs, They break through limits, break through confines, Their humor dry, their wit so keen, In the...
$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
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...