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Enersol to Acquire 51% Stake in NTS AMEGA for $58 Million
July 19, 2024
Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi, has agreed to acquire a 51 percent stake in NTS AMEGA for $58 million. The transaction, which excludes transaction fees, expenses, and completion adjustments, positions Enersol as the majority equity
Carbonova Appoints Dr. Todd Pugsley as Vice President of Technology and Operations
July 19, 2024
Carbonova has appointed Dr. Todd Pugsley as vice president of Technology and Operations to its executive team. “Todd is a highly regarded executive with years of experience and leadership in the development and commercialization of chemical process technologies,” said Dr.
ABB Reinforces Commitment to Circularity with First EPD Certified Instrumentation
July 19, 2024
ABB said its first instrumentation product with an Environmental Product Declaration, demonstrating its continued commitment to circularity and sustainability. The PGS300, an all-rounder gauge pressure transmitter, is used for measuring liquid, gas, and steam pressure, and is key for the
Oilfield Products International Champions Safe and Effective Drilling Equipment
July 19, 2024
Oilfield Products International Inc. (OPI) is a well-recognized drilling equipment manufacturer based in the United States. Since its founding in 1997, the company has pioneered smarter, safer drilling solutions. It has cultivated strong relationships with American companies and international organizations
Arvind Kumar Takes Over as Director at IndianOil
July 18, 2024
Arvind Kumar takes over the office of Director (Refineries), IndianOil. Arvind Kumar brings a wealth of experience and strategic insight into his new role, following a distinguished tenure as the managing director of Chennai Petroleum Corporation Limited (CPCL), a Government
Energy Transfer and Sunoco Form Crude Oil JV in Permian Basin
July 18, 2024
Energy Transfer and Sunoco have formed a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin. Energy Transfer will serve as the operator of the joint venture and contribute its Permian crude oil
Detechtion Technologies Acquires Logistics Management Software Company EZ Ops
July 18, 2024
Detechtion Technologies, based in Canada and the U.S., has acquired EZ Ops. EZ Ops is a Calgary-based company specializing in field operations and logistics management software solutions for the oil and gas industry. EZ Ops’ field service management solution leverages
Alaskan Federal Court Overturns Sale of Oil and Gas Lease After Environmental Challenge
July 18, 2024
An Alaskan federal judge has suspended an oil and gas lease sale in the Cook Inlet basin, southern Alaska, after discovering issues with the environmental study that preceded it. The lease sale had originally been permitted by the Biden administration.
Invixium Acquires Triax Technologies to Expand Its Biometric Solutions with AI-based RTLS Offering
July 18, 2024
Invixium has acquired US-based Triax Technologies. This strategic acquisition expands Invixium’s portfolio with Triax’s AI-based RTLS (Real-Time Location Systems) and connected worker solutions, designed to improve worker productivity and equipment utilization. With this move, Invixium broadens its scope beyond entry-point
Occidental’s 1PointFive Agrees to Sell Carbon Credits to Microsoft
July 17, 2024
1PointFive has entered into an agreement with Microsoft to sell 500,000 metric tons of carbon dioxide removal (CDR) credits over six years to support Microsoft’s carbon removal strategy. The agreement is the largest single purchase of CDR credits enabled by
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