Press Releases

Auto Added by WPeMatico

Baker Hughes to Provide Fully Integrated Completions for Petrobras’ Offshore Fields

Latest, Press Releases / By

New solutions will support remote operations in deepwater fields Technology allows real-time response to evolving well conditions across multiple zones HOUSTON and LONDON, March 20, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday a major, multi-year fully integrated completions systems contract with Petrobras. The award followed an open tender …

Baker Hughes to Provide Fully Integrated Completions for Petrobras’ Offshore Fields Read More »

Vantage Drilling International Ltd. Reports Fourth Quarter and Full Year 2024 Results

Latest, Press Releases / By

Dubai, March 20, 2025 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. (“Vantage” or the “Company”) reported a net gain attributable to shareholders of approximately $55.5 million or $4.17 per diluted share for the three months ended December 31, 2024, based on weighted average shares outstanding, as compared to a net loss attributable to shareholders of …

Vantage Drilling International Ltd. Reports Fourth Quarter and Full Year 2024 Results Read More »

Lufkin Industries Announces Sale of North America Downhole business to Q2 Artificial Lift Services

Latest, Press Releases / By

HOUSTON, March 19, 2025 (GLOBE NEWSWIRE) — Lufkin Industries (“Lufkin”), a global leader in surface production equipment and automation solutions, has announced the sale of its North America Downhole (“NAM Downhole”) business to Q2 Artificial Lift Services (“Q2”), a leading provider of downhole reciprocating pumps. This transaction aligns with Lufkin’s strategic focus on its core …

Lufkin Industries Announces Sale of North America Downhole business to Q2 Artificial Lift Services Read More »

Berry Corporation Reports Fourth Quarter and Full Year 2024 Financial and Operational Results, Year-End Reserves and 2025 Outlook

Energy Topics & Technology, Exploration & Production, Latest, Press Releases / By

DALLAS, March 12, 2025 (GLOBE NEWSWIRE) — Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) today announced financial and operating results for the fourth quarter and full year 2024, as well as a quarterly cash dividend of $0.03 per share. Berry has provided a supplemental slide deck on its results, which can be found …

Berry Corporation Reports Fourth Quarter and Full Year 2024 Financial and Operational Results, Year-End Reserves and 2025 Outlook Read More »

Whitecap Resources and Veren to Combine in a $15 Billion Transaction to Create a Leading Canadian Light Oil and Condensate Producer

CDN and International News, Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Mergers and Acquisitions, Oil, Press Releases / By

CALGARY, AB, March 10, 2025 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. The combined company will be the largest Alberta Montney and Duvernay landholder, a prominent light oil producer in Saskatchewan and …

Whitecap Resources and Veren to Combine in a $15 Billion Transaction to Create a Leading Canadian Light Oil and Condensate Producer Read More »

Venture Global Announces Major Brownfield Expansion of Plaquemines LNG

Conventional Energy, Latest, LNG, Press Releases / By

PLAQUEMINES PARISH, La.–(BUSINESS WIRE)–Today, Venture Global (NYSE: VG) announced plans for a brownfield expansion at its Plaquemines LNG facility south of New Orleans, Louisiana. Joining Venture Global for the announcement was Secretary of Energy Chris Wright, Secretary of the Interior Doug Burgum, Louisiana Governor Jeff Landry and other federal, state and local officials and stakeholders. …

Venture Global Announces Major Brownfield Expansion of Plaquemines LNG Read More »

US LNG Capacity Additions Would Significantly Lower GHG Emissions Compared to Alternatives, New S&P Global Study Finds

Conventional Energy, Latest, LNG, Press Releases / By

Development of additional US LNG projects currently on hold or in the pre-Final Investment Decision stage would avoid carbon emissions by 2040 equivalent to more than twice the annual emissions from the entire car fleet in Los Angeles County WASHINGTON, March 6, 2025 /PRNewswire/ — The continued development of U.S. liquefied natural gas (LNG) export capacity …

US LNG Capacity Additions Would Significantly Lower GHG Emissions Compared to Alternatives, New S&P Global Study Finds Read More »

Baker Hughes, Frontier Infrastructure Announce Partnership to Accelerate Development of Carbon Capture and Storage, Data Center Projects in the U.S.

Carbon Capture, Energy Topics & Technology, Latest, Press Releases, US News / By

March 3, 2025 Frontier’s SCS Hub, spanning nearly 100,000 acres in Wyoming, will provide open-access CO₂ storage for industrial emitters and ethanol producers using its CO₂-by-rail strategy Baker Hughes will provide key CCS and power generation technologies, including CO₂ compression, well design, and its industrial NovaLT™ gas turbines to support power solutions for data centers …

Baker Hughes, Frontier Infrastructure Announce Partnership to Accelerate Development of Carbon Capture and Storage, Data Center Projects in the U.S. Read More »

Superior Energy Services Acquires Rival Downhole Tools

Energy Topics & Technology, Latest, Mergers and Acquisitions, OFS-Oilfield Services, Press Releases / By

HOUSTON, Feb. 28, 2025 (GLOBE NEWSWIRE) — Superior Energy Services, Inc (“Superior”) announced the acquisition of Rival Downhole Tools (“Rival”), an industry-leading provider of premium downhole drilling tools. “This acquisition is part of Superior’s ongoing efforts to expand our position in the oilfield services sector by providing technologies that enhance our customers’ efficiencies and reduce …

Superior Energy Services Acquires Rival Downhole Tools Read More »

Subscribe
Subscribe