Elk Range Royalties has announced its acquisition of Newton Financial Corporation, LP, Concord Oil Company, LP, and Mission Oil Company, (Newton/Concord) in a strategic move to expand its footprint across premier oil and gas producing regions in Texas. SourceContinue Reading

The Forum Energy Technology (FET) Subsea product line has secured a contract to provide a work class remotely operated vehicle (ROV) system and a Dynacon Launch and Recovery System (LARS) to ACSM, a global maritime survey and ROV services operator.  SourceContinue Reading

Halliburton has been awarded a contract with Petrobras for integrated drilling services across several offshore fields in Brazil. The contract scope includes drilling services for development and exploration wells over a three-year period. SourceContinue Reading

Aker BP has selected Aucotec to provide digital infrastructure for the Yggdrasil development in the Norwegian North Sea. Aucotec’s Engineering Base platform will implement Engineering Design Data Management for the Yggdrasil development. SourceContinue Reading

American Petroleum Institute (API) President and CEO Mike Sommers issued a statement of support on the Senate’s confirmation of former Congressman Lee Zeldin to lead the U.S. Environmental Protection Agency. SourceContinue Reading

Cummins and Liberty Energy have announced that the industry’s first natural gas variable speed, large displacement engine to power Liberty’s digiPrime hydraulic fracturing platform will be deployed in the first half of 2025. SourceContinue Reading

(Bloomberg) – Oil edged lower as traders weighed the possible fallout from President Trump’s planned tariffs on major U.S. crude supplier Canada and other countries. The market was also watching reports OPEC will evaluate potential changes to America’s energy policy. SourceContinue Reading

Enverus Intelligence® Research (EIR) has published its summary of Q4 and full-year 2024 upstream M&A activity, reporting $105 billion in U.S. upstream deals closed in 2024, the third highest total tracked by Enverus analysts. SourceContinue Reading

DEEP Earth Energy Production Corp. (DEEP) has announced a strategic collaboration with SLB to drive the development of Canada’s first next-generation geothermal project, located in southeast Saskatchewan. SourceContinue Reading

Reelwell AS has secured a multi-year contract with Vår Energi ASA to deploy its DualLink powered digital drill pipe technology. The milestone agreement will see the DualLink deployed offshore on the Norwegian Continental Shelf (NCS) for the first time. SourceContinue Reading