Industry News
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...
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 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 entered...
NOW offering MARKETING through our Allstream Energy Partners – Allstream: People From The Industry, Helping Tell A Story
📣 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 Production Micro...
VIP PERK: Priority Seating & FREE Appetizer when Mention “Allstream” During Week of the Subsea Tieback Conference – Morton’s Steakhouse
For Reservations: Mention “Allstream” or “API” for VIP Perk : FREE Appetizer & Priority Seating We know it’s tough to find reservations for GREAT STEAKHOUSES during Conferences. So we made a deal for PRIORITY SEATING and a FREE Appetizer as being a FRIEND OF...
BREAKING: $7.4 Billion Deal – Chesapeake Energy Corporation and Southwestern Energy to Combine to Accelerate Americas’s Energy Reach
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 billion,...
BREAKING approx $4.5 Deal: APA Corporation to Acquire Callon Petroleum Company in All-Stock Transaction
APA Corporation to Acquire Callon Petroleum Company in All-Stock Transaction Jan 04, 2024 Complements and enhances APA’s asset base in the Permian Basin; expected to be accretive to key financial metrics; Adds to APA’s high-quality, short-cycle development inventory...
Dec 22: FID of $7.5 Billion – ConocoPhillips Makes Final Investment Decision to Develop the Willow Project
DEC 22: HOUSTON – ConocoPhillips (NYSE: COP) announced today that it will move forward with development of the Willow project in Alaska. This Final Investment Decision approves the project and funds construction needed to reach first oil. The decision follows the...