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Innovex Sells Dril-Quip Facility for $95 Million, Texas
May 13, 2025
Innovex International has entered into a definitive agreement to sell its facility located at 6401 North Eldridge Pkwy, Houston, Texas 77041. The sale price for the property is $95 million and the sale is expected to close in the third
Chevron Starts Oil Production from Ballymore Project in Gulf of America
May 12, 2025
Chevron Corporation said it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step
Williams Places Two Transco Projects into Service to Meet Growing Energy Demand in the Southeast
May 12, 2025
Williams has successfully commissioned the Southeast Energy Connector in Alabama and the Texas to Louisiana Energy Pathway along the Gulf Coast. These fully contracted expansions of the existing Transco pipeline were strategically designed and built to reduce land use and
Scout Surface Solutions Acquires Kinetic Pressure Control
May 12, 2025
Scout Surface Solutions has acquired Kinetic Pressure Control Ltd., an SCF Ventures portfolio company specializing in innovative pressure and flow control solutions. Both companies are headquartered in Houston, Texas. This strategic acquisition marks a significant milestone in Scout’s growth trajectory,
Horizon Oil to Acquire Stake in Exxon’s Sinphuhorm, Nam Phong Gas Fields for $30 Million, Thailand
May 9, 2025
Horizon Oil has signed a sale and purchase agreement to acquire stakes in the producing Sinphuhorm and Nam Phong gas fields onshore Thailand from ExxonMobil. The acquisition involves a 7.5 percent working interest in the Sinphuhorm gas field and a
House Committee on Natural Resources Advances Historic Natural Resources Reconciliation Title
May 8, 2025
The House Committee on Natural Resources held a full committee markup on the committee’s budget reconciliation instructions. “Today, committee Republicans took decisive action and advanced our portion of the one big, beautiful reconciliation bill. We’re generating more than $18.5 billion
I Squared, MPLX, and Enbridge to Acquire Interests in Matterhorn Express Pipeline
May 7, 2025
I Squared, MPLX, and Enbridge have entered into a definitive agreement to acquire equity interests in the Matterhorn Express Pipeline from Ridgemont Equity Partners and Devon Energy. Following the close of the transaction, WhiteWater, MPLX, and Enbridge will own 65
IOG Resources Forms Third Entity Focused on Non-Op M&A
May 7, 2025
IOG Resources has formed IOG Resources III Holdings. IOG is a leading provider of asset-level capital solutions and a strategic partner to the upstream oil and gas sector. “We are excited to continue our partnership with First Reserve, adding capacity
Jennmar Acquires Rohrig Heavy Equipment Maintenance
May 7, 2025
Jennmar said it it has acquired Rohrig Heavy Equipment Maintenance. Rohrig is a a provider of equipment maintenance and repair services to the construction, mining, and oil and gas industries. This acquisition will expand the offerings of Jennmar Services (JMS),
DOE Appoints New Leadership to Tackle Challenges of Growing Energy Demand
May 7, 2025
The Department of Energy (DOE) appoints new leadership to tackle the challenge of strengthening and securing the U.S. energy system and ensuring America can lead the global race for AI leadership. To unleash American energy dominance, the systems and infrastructure
