The Latest

Golden Gate Capital Completes Stonehill Environmental Sale

Private equity firm Golden Gate Capital has completed the sale of energy infrastructure company Stonehill Environmental Partners for an undisclosed amount.

Nabors Closes $370MM Parker Wellbore Acquisition

The acquisition of Parker Wellbore adds a large-scale, high performance tubular rental and repairs services operation in the Lower 48 and offshore U.S. to the Nabors portfolio.

Archrock to Buy Natural Gas Compression Systems for $357MM

Archrock Inc. will buy privately held Natural Gas Compression Systems Inc. in a cash-and-stock deal that deepens Archrock’s operations in the Permian Basin.

Baker Hughes to Supply Equipment for NextDecade’s Rio Grande LNG

Baker Hughes will provide turbine and compression for NextDecade’s trains at Rio Grande LNG.

ChampionX’s Chemical Application Breaks Up Waxy Blockages

The ChampionX system, called ParaClear, offers a custom solution based on site characteristics to move waxy crude through pipelines. 

Pelican Energy Partners Acquires United Services Group

Pelican Energy Partners said it acquired United Services Group, a welding, machining and fabrication contractor that serves power generation customers, to add its expertise to the energy services industry.

ChampionX’s Aerial Optical Gas Imaging Platform Secures EPA Approval

ChampionX Corp.’s aerial optical gas imaging platform combines optical technology with a gimbal system to detect and locate methane leaks.

New Jersey’s HYLAN Premiers Gas, Pipeline Division

HYLAN’s gas and pipeline division will offer services such as maintenance, construction, horizontal drilling and hydrostatic testing for operations across the Lower 48

McDermott Completes Project for Shell Offshore in Gulf of Mexico

McDermott installed about 40 miles of pipelines and connections to Shell’s Whale platform.

Liberty Bolsters Mobile Power Business with Acquisition of IMG Energy

Liberty Energy Inc. said March 5 it had purchased IMG Energy Solutions as the company expands its mobile power business.