Pinnacle West Declares Quarterly Dividend
Pinnacle West Capital Corp.’s dividend is payable on Sept. 3 to shareholders of record as of the close of business on Aug. 1.
Sea Power: Noble’s Deal Fires Major Volley in Offshore, Services M&A
Noble Corp.’s $1.6 billion acquisition of Diamond Offshore Drilling may seem like small potatoes compared to the upstream sectors’ massive megadeals, but service sector consolidation could snowball, analysts said.
JENNMAR Expands Oil, Gas Offerings with Deal for G&R
JENNMAR is acquiring G&R Gas Services, which presents well tending, roustabout and right-of-way maintenance offerings to the oil and gas industry in Virginia.
Worley to Service BP’s Global Site Projects
BP and Worley’s collaboration plans to save an initial estimated $40 million over two years across BP’s sites where Worley holds a service contract.
Oceaneering Secures Contract with Petrobras for Offshore Brazil
Oceaneering International Inc. will supply steel tube and thermoplastic electro-hydraulic umbilicals and associated subsea distribution hardware to projects offshore Brazil.
Aker to Provide EPC Services for Azule Energy’s Angola Projects
Aker Solutions secured a long term frame agreement worth between $47 million and $142 million with Azule Energy to provide EPC services for brownfield projects and modifications for two FPSOs in Angola.
Exxon Mobil Taps Technip, Turner for Louisiana CCUS Project
Exxon Mobil has contracted Technip Energies and Turner Industries to help build a CCUS system capable of conditioning, compressing and transporting, for eventual storage, up to 800,000 metric tons per year of CO2.
ProPetro to Acquire Aqua Prop for $35.6MM
As part of the transaction, initially valued at $35.6 million, ProPetro will own and provide onsite sand storage and handling.
Oceaneering’s New AUV Successfully Inspects TotalEnergies Pipeline
Oceaneering’s Freedom AUV pilot test reduces time, emissions in pipeline inspection campaign for TotalEnergies.
Equinor to Invest $1B in Troll West Gas Project
Equinor awarded contracts to OneSubsea and SLB in the Troll Field as part of efforts the further develop gas infrastructure offshore Norway.