Enbridge Closes $3.1B Deal for Public Service Co. of North Carolina
With the deal’s closing, Enbridge said the company is, by volume, the largest gas utility in North America, delivering 9 Bcf/d of natural gas to a base of about 7 million customers.
Oil, Gas Completions Company Covenant Testing Rebrands as One X
Covenant Testing said the name change to One X is meant to bring awareness to the company’s “comprehensive, end-to-end solutions for our clients.”
Vivakor to Acquire Endeavor Crude Transport Cos. for $120MM
Vivakor said it is buying Endeavor Crude and related companies, which have a series of long-term strategic partnerships with customers in the Permian Basin, Eagle Ford Shale and the STACK play.
Baseline Energy Opens New Uinta Basin Power Generator Facility
Baseline Energy Services’ facility in the Uinta Basin plans to support the region’s mobile power generator fleet with a range of maintenance and repair services.
Golar LNG Enters $1.6B EPC Agreement for FLNG Project
Golar said the floating LNG vessel has a liquefaction capacity of 3.5 million tons of LNG per annum and is expected to be delivered in fourth-quarter 2027.
Seadrill to Adopt Oil States’ Offshore MPD Technology
As part of their collaboration, Seadrill will be adopting Oil States International’s managed pressure drilling integrated riser joints in its offshore drilling operations.
SCF Partners Acquires Newpark Fluid Systems
SCF Partners acquired Newpark Fluid Systems, an oil and gas and geothermal fluids solution business, from Newpark Resources, for a base price of $127.5 million.
Mattr Sells Brazilian Pipe Coating Business to Vallourec for $17.5MM
Vallourec Tubular Solutions will acquire 100% of the shares of Thermotite, Mattr’s last remaining pipe coating business.
Solaris Completes Acquisition of Mobile Energy Rentals
With the acquisition of Mobile Energy Rentals complete, Solaris now has access to multiple end markets outside of the oil patch.
TGS Awarded 2D Survey in the Sumatra Basin
TGS’ Sumatra Basin seismic acquisition is expected to be completed by the end of 2024.