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Matrix Services Awarded Contract to Build LNG Tank for Eagle LNG Plant, Florida
January 29, 2016
Matrix Service Inc., which is a subsidiary of Matrix Service Co., has won a contract for the engineering, procurement, fabrication and construction of a cryogenic LNG tank for the second Eagle Plant in Jacksonville, Florida, US. The tank will have
Keane Group to Acquire U.S. Assets of Trican Well Service for $247 Million
January 28, 2016
Keane Group has agreed to acquire the majority of Canada-based Trican Well Service Ltd.‘s U.S. assets for total consideration of U.S. $247 million, comprised of U.S. $200 million in cash plus a minority interest stake in Keane Group. With the
Weir’s SPM® QEM 3000 Frac Pump Enters Canadian Market
January 28, 2016
Weir Oil & Gas’s SPM QEM 3000 frac pump has enterned the Canadian market. Weir has partnered with Calgary, Alberta-based Canyon Services Group to take its innovative SPM® QEM 3000 frac pump to the field. Weir’s SPM QEM 3000 is
Bibby Financial Services Provides $3 Million to Skilled Labor Firm for Oil and Gas Industries
January 27, 2016
Bibby Financial Services has provided a $3 million asset-based loan provided to a Florida-based provider of skilled labor for the oil and gas and marine industries. The value-added service provider has supported offshore oil and gas and marine industries operating
Krewe Energy Acquires Castex Energy’s Lapeyrouse Gas Field, Louisiana
January 26, 2016
Krewe Energy, LLC has acquired 100 percent of Castex Energy’s interest in the Lapeyrouse Field located in Terrebonne Parish, Louisiana. Simultaneous to the Castex Energy transaction, Krewe Energy acquired additional non-operated working interests within the Lapeyrouse Field to further consolidate
Northern Petroleum Completes Acquisition of Rainbow’s Oil and Gas Assets, Canada
January 26, 2016
Northern Petroleum has completed the acquisition of producing oil and gas assets onshore Canada. The deal means group production now stands at around 200 barrels of oil equivalent per day, comprising around 80 barrels of oil. Proved and probable reserves
Water Treatment Solutions Company Water Standard Acquires Monarch Separators
January 26, 2016
Water Standard, a leader in water treatment solutions for the oil and gas and industrial sector, has acquired Monarch Separators, a Houston, Texas-based supplier of industrial produced water and oil separation equipment, with a long and successful history of delivering
Piedmont Natural Gas Shareholders Approve Acquisition by Duke Energy
January 25, 2016
Shareholders of Piedmont Natural Gas have voted to approve the company’s acquisition by Duke Energy during a specially called meeting of shareholders at Piedmont’s corporate offices in Charlotte, North Carolina. The proposal to approve the acquisition was supported by 66.8
BlueStone Natural Resources Acquires Quicksilver’s Oil and Gas Assets for $250 Million, Texas
January 25, 2016
Quicksilver Resources Inc. and its U.S. subsidiaries have successfully completed a Bankruptcy Court-approved auction for their U.S. oil and gas assets located primarily in the Barnett Shale in the Fort Worth basin of North Texas as well as assets in
Mountain Valley Pipeline Secures New Gas Shipper Commitment with Con Edison, Northeast U.S.
January 25, 2016
Mountain Valley Pipeline, LLC and Consolidated Edison, Inc. intend to deliver natural gas to industrial and consumer end-use markets located in the growing demand areas of the northeast United States through a 20-year transportation agreement with Consolidated Edison Company of
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