Whitecap Resources and Veren are merging—Here’s what it means for Canada’s oil sector
Whitecap Resources Inc. and Veren Inc. have entered into a C$15 billion all-share merger agreement to create one of Canada’s most dominant light oil and ... Read More
Could this acquisition skyrocket Vortex Brands’ growth?
Vortex Brands Co., a publicly traded company with operations spanning Bitcoin mining, algorithmic trading, and financial technology, has initiated a significant step toward expansion by ... Read More
One button to drill? Halliburton and Sekal’s automation breaks new ground
Halliburton and Sekal AS have successfully deployed the world’s first automated on-bottom drilling system, revolutionizing offshore drilling operations. The technology, implemented for Equinor on the ... Read More
Equinor and Shell take on North Sea challenges with new powerhouse venture
Equinor UK Ltd and Shell UK Limited, subsidiaries of Equinor ASA and Shell plc, have announced a landmark collaboration to merge their UK offshore oil ... Read More
ADNOC pushes digital frontier with $920m contract to Jereh Oil & Gas Engineering
ADNOC has entered into a substantial engineering, procurement, and construction (EPC) agreement with Jereh Oil & Gas Engineering Corporation, valued at AED 3.38 billion ($920 ... Read More
How OMS Energy Technologies’ U.S. IPO could disrupt the global energy market
In a bold move set to reshape the global energy landscape, OMS Energy Technologies has filed for an initial public offering (IPO) with the U.S. ... Read More
TechnipFMC lands huge Petrobras deals for Brazil’s offshore oil boom
TechnipFMC has been awarded two major contracts by Brazilian oil giant Petrobras for projects in the country’s pre-salt offshore fields. The contracts, aimed at supporting ... Read More
Noble Corporation completes strategic acquisition of Diamond Offshore Drilling
Noble Corporation plc, a leading offshore drilling contractor, has officially completed its acquisition of Diamond Offshore Drilling, Inc. This strategic merger, announced in June 2024 ... Read More
Noble Corporation secures final approval for Diamond Offshore acquisition
Noble Corporation plc (CSE: NOBLE, NYSE: NE) and Diamond Offshore Drilling, Inc. (NYSE: DO) have secured the final regulatory clearance from the Australian Competition & ... Read More
Marathon Oil gains stockholder approval for $22.5bn merger with ConocoPhillips, set to transform energy sector
Marathon Oil Corporation (NYSE: MRO) has announced that it has received the requisite approval from its stockholders for the proposed merger with ConocoPhillips (NYSE: COP). ... Read More