UK-headquartered energy services provider Expro is acquiring compatriot well construction cementing firm DeltaTek Global in order to broaden its offering, capabilities and technology portfolio. According to Expro’s Chief Technology Officer Steve Russell, the acquisition will expand […]
U.S. energy firms cut the number of natural gas rigs by the most in a week since October 2017, while adding the most oil rigs in a week since June, energy services firm Baker Hughes […]
Raymond James trims its 2023 U.S. rig count forecast to 750 from 813 on lower natural gas prices; lowers PT of some of the oilfield services companies. U.S. natural gas futures fell by 40% […]
Feb 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed […]
Home Fossil Energy Consortium lands deal for project at world’s largest offshore sour gas development UAE’s giant Abu Dhabi National Oil Company (ADNOC) has handed out a letter of award (LOA) to a consortium led […]
Many observers expected that in the wake of America and NATO’s somewhat frantic and ugly (to put it mildly) pullout from Afghanistan and Kabul airport in August 2021, it was only a matter of time […]
Summary Even though energy has been the best-performing sector of the year by a large margin, deep values remain in under-covered and small cap oilfield services. Fifty-three oilfield service equities were evaluated using a value […]
ENB Publishers Note: In what is called the last “Supercycle” 14 years ago with $145 oil it was even by the name a cycle. The energy crisis has migrated beyond a cycle into a staged […]
One thing I have to say is that this was a fun podcast visiting with Alma Cook, about her song just released “5000 Candles” a true tribute to the oil field workers. A great music […]
The de facto buyers’ strike on Russian crude that began a month ago propelled oil prices to their highest levels in years. Now the real effects are starting to create a second wave of impact […]
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