FourPhase Secures Three New Contracts in UK and UK Continental Shelf
The contracts include coiled tubing and de-sanding services for operators in the U.K. Continental Shelf.
PPG’s Insulation Coating Offers Oil, Gas Asset Protection in High Heat
The PPG Pitt-Therm 909 spray-on insutlation coating can withstand high temperatures to promote safety and corrosion resistance.
Salunda, Intellilift Enter Pact to Optimize Automation in Well Construction
The agreement was signed following a successful pilot trial integrating Intellilift’s digital technologies with Salunda’s patented camera and wearable red zone monitoring solutions on a drilling rig.
Top US Oilfield Firm Halliburton Hit by Cyberattack
The attack appeared to impact business operations at the company's north Houston campus, as well as some global connectivity networks, according to a person familiar with the matter.
Advisory Firm ISS Urges Dril-Quip Shareholders to Vote for Innovex Merger
Dril-Quip stockholders will meet to vote on the merger at 9:30 a.m. CT Sept. 5.
Subsea 7 Secures Sizable GoM Contract
Offshore activity on Subsea7’s project is expected to begin in 2026.
Superior Sees Executive Leadership Changes
Superior Energy Services’ president, CEO and chairman Brian Moore is retiring, and his roles are to be split between the two people succeeding him.
Amid Flagging US Activity, OFS Sector Looks to 2025—and Overseas
Despite a slowdown in U.S. activity expected to last until 2025, overseas and offshore markets helped the oilfield services sector deliver solid second-quarter results.
International OFS Firm HMH Plans to IPO, Activate in M&A
The firm is a 50/50 joint venture of Baker Hughes and Akastor ASA formed in 2021 to include brands such as Hydril and Vetco Gray as well as Wirth and Maritime Hydraulics.
OFS Consolidation Continues with Flowserve to Buy MOGAS
Flowserve will purchase MOGAS Industries for at least $290 million, part of a number of oilfield service company acquisitions announced in 2024.