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SLB and ChampionX Corporation has announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors.
Seatrium has announced that it has secured a series of major contracts with an aggregate value of US$350 million, to be completed by end of 2025.
APA Corporation has announced that its acquisition of Callon Petroleum Company has been completed.
Well-Safe Solutions has appointed its first-ever Chief Financial Officer as it continues to deliver its strategic growth plans throughout Asia-Pacific and Europe.
Oceaneering International has announced that its integrity management and digital solutions (IMDS) group has signed a strategic collaboration agreement with Global Design Innovation, Ltd. (GDi) to deliver innovative digital asset management solutions for asset-intensive industries such as oil and gas, utilities, and power generation.
Dril-Quip and Innovex Downhole Solutions has announced a definitive agreement under which Dril-Quip and Innovex will merge in an all-stock transaction to create a unique energy industrial platform.
Talos Energy has provided an updated 2024 operational and financial guidance to reflect the closing of the QuarterNorth Energy acquisition earlier than expected. Prior guidance was based on an end 1Q24 close.
The United States produced more crude oil than any nation at any time, according to the International Energy Statistics, for the past six years in a row.
Aramco has awarded Worley a general engineering services plus contract for an additional five years with potential for an extension of up to three) one-year increments.
Under the agreement, Kent’s specialists will be fully integrated within BP’s commissioning and completions management team, ensuring a standardised approach across all projects and business units globally.
Successful completion accelerates delivery of ADNOC’s global chemicals expansion strategy; reinforces focus on partnerships, value creation and growth.
Cost-efficient decommissioning has received a significant boost with the relaunch of a bigger, better digital data dashboard providing vital information about upcoming work to potential suppliers.