Service & Supply

Worker Killed On Talos Energy Platform In US Gulf Of Mexico

An oil and gas worker on a Talos Energy platform in the U.S. Gulf of Mexico was killed on Feb. 17 while replacing piping, a federal regulator said Feb. 21.

Feb 21 2018 - 8:54am

Anadarko Inks Mozambique LNG Sale, Purchase Agreement With France’s EDF

Anadarko Petroleum Corp. (NYSE: APC) said on Feb. 20 that Mozambique LNG1 Co. Pte. Ltd. has entered into a long-term LNG sale and purchase agreement with Électricité de France SA (EDF).

Feb 20 2018 - 10:38am

Apollo Backs Frack Sand Logistics Provider Tidewater With Capital Investment

Tidewater Logistics said the capital investment by Apollo will fund a pipeline of new customer and expansion opportunities. The terms of the transaction weren't disclosed.

Feb 16 2018 - 11:00am

Dover Wellsite Business To Be Named Apergy

Dover's spin-off transaction for its "Wellsite" upstream energy businesses, on track for completion in May,  will be named Apergy and be headquartered in The Woodlands, Texas.

Feb 16 2018 - 10:20am

Vallourec Drilling Products Cuts About 150 Jobs In Texas

Vallourec specializes in making tubular products for the energy and other industrial sectors. It has about 19,000 employees worldwide, while its drilling products division employs roughly 600 people.

Feb 14 2018 - 8:10am

Blue Wolf Capital Buys Majority Stake In Production Equipment Provider Petrosmith

The investment, which is the New York-based firm’s first since closing Blue Wolf Capital Fund IV LP  at its hard cap of $540 million in September 2017, is expected to facilitate rapid expansion at Petrosmith.

Feb 12 2018 - 8:50am

Mexico’s Oil Reform A Boon For Hard-hit Oil Service, Seismic Firms

Mexico has done little deepwater exploration, so not much is known about the energy reserves.

Jan 31 2018 - 9:13am

Quintana Energy Becomes Latest Oilfield Services Firm To Launch IPO

The Houston-based company, which provides drilling and well completion services, plans to sell around 9.3 million shares at between $12 and $15 per share in coming days.

Jan 29 2018 - 1:35pm

US Hits Russian Deputy Minister, Energy Firms With Sanctions

The U.S. sanctions list also now includes Sergey Topor-Gilka, head of the Russian engineering company Technopromexport, as well as multiple subsidiaries of oil producer Surgutneftegaz.

Jan 26 2018 - 2:00pm

Oilfield Service Providers Give Positive Market Outlooks

Increased E&P spending, strong global demand and rising commodity prices are among the positives that could lie ahead for the industry, CEOs of oilfield service giants said.

Jan 26 2018 - 1:11pm