Saudi Aramco has signed a land lease agreement with McDermott Arabia, a wholly-owned subsidiary of McDermott International, to build a fabrication facility in Saudi Arabia.
27 Mar 2019
19 Feb 2019
Saulsbury has announced plans to focus on serving clients in the upstream and midstream oil and gas sector with its expertise in engineering, procurement and construction (EPC) as well as continued growth in our field services business unit.
26 Nov 2018
Subsea cable and connector assembly specialist, Hydro Group, has expanded into a new market with Israeli-based distributor Aretha Technologies.
19 Nov 2018
Clearlake Capital Group has announced the formation of Knight Energy Services through the merger of its portfolio companies IronGate Energy Services and Knight Oil Tools.
01 Nov 2018
Park Energy Services, a portfolio company of Rock Hill Capital, has completed the acquisition of Midcon Compression, a division of Chesapeake Energy Corporation.
24 Oct 2018
Blackstone Energy Partners has agreed to buy a majority stake in Ulterra Drilling Technologies, a US-based drill bit company, from affiliates of American Securities for an undisclosed price.
16 Oct 2018
Nine Energy Service has entered into a definitive agreement to acquire Magnum Oil Tools International in a cash and stock deal worth $493m.
12 Oct 2018
Equinor has exercised options and added a new contract for jack-up rig Maersk Intrepid to continue supporting the development towards first oil at the Martin Linge field.
09 Oct 2018
Forum Energy Technologies has acquired Houston Global Heat Transfer (GHT) from oilfield services focused private equity fund Pelican Energy Partners and GHT management.
08 Oct 2018
Precision Drilling has signed an agreement to acquire Trinidad Drilling in a transaction valued at C$1.03bn ($796m), including the assumption of nearly $367m debt.