Deon
Daugherty
Hart Energy
Baker Hughes Updates Leadership to Deliver on Growth Strategy
Baker Hughes’ updates to its leadership team will go into effect on Oct. 1.
Gulfport Upsizes Debt Offering to $650 Million
Gulfport Energy plans to raise $650 million in new senior notes to repurchase existing debts maturing in 2026.
Helix Secures Multi-year GoM Contract with Shell Offshore
Under the contract, to begin in 2025, Helix Energy Solutions will provide well intervention services for Shell Offshore in the U.S. Gulf of Mexico.
Private Producers Find Dry Powder to Reload
An E&P consolidation trend took out many of the biggest private producers inside of two years, but banks, private equity and other lenders are ready to fund a new crop of self-starters in oil and gas.
STRYDE Awarded Seismic Supply Contracts in Mexico
STRYDE was awarded two seismic node supply contracts in Mexico, the company’s first projects in the country.
Gulfport Energy to Offer $500MM Senior Notes Due 2029
Gulfport Energy Corp. also commenced a tender offer to purchase for cash its 8.0% senior notes due 2026.
EDF Renewables Secures Investment in Solar Energy Storage Project
Power Sustainable Energy Infrastructure acquired a 50% stake in EDF Renewables North America’s Desert Quartzite Solar+Storage Project in California.
Dividends Declared in the Week of Aug. 26
Here is a selection of dividends declared from select upstream and service and supply companies.
Talos Energy CEO Tim Duncan Steps Down; Mills to Take Helm
An analyst said Talos Energy President and CEO Tim Duncan was forced out over share price performance, although other factors may have played a role.
HNR Acquisition to Rebrand as EON Resources Inc.
HNR’s name change to EON Resources Inc. and a new ticker symbol, “EONR,” will take effect when trading commences on Sept. 18.