Tenaris announced that it has entered into a definitive agreement to acquire from PAO TMK 100% of the shares of its wholly owned US subsidiary IPSCO Tubulars for $1,209 million, on a cash-free, debt-free basis, which includes $270 million of working capital...

The region-wide Gulf of Mexico Lease Sale 252 generated $244,299,344 in high bids for 227 tracts covering 1,261,133 acres in federal waters of the Gulf of Mexico. A total of 30 companies participated in the lease sale, submitting $283,782,480 in all bids...

Expro has announced the appointments of two key executive management roles. Current Executive Vice President, Alistair Geddes, has been promoted to Chief Operating Officer (COO) with immediate effect. Mr Geddes has been with Expro for six years, having previously fulfilled leadership roles with Weatherford, BG Group and ExxonMobil. Keith Palmer has been promoted to Executive Vice President – Product Lines and will be responsible for Expro’s product lines, technology and group engineering. Mr Palmer has worked at Expro for over 13 years, previously leading the company’s North America and ECIS regions, before assuming responsibility as the President of Asia Pacific region. “I look forward to working with both Alistair and Keith in their new roles within Expro, as we continue ...

Churchill Drilling Tools (Churchill) reports that a major UAE operator has recovered from stuck pipe by severing its drill string in just 2.5 hours...

Siccar Point Energy (Siccar Point) has commenced its 2019 drilling campaign with the spudding of an exploration well at the Blackrock prospect...

The oil and gas industry is facing strong competition in attracting science, technology, engineering and mathematics (STEM) talent, with 44% of STEM millennials and Generation Zs (Gen Z) interested in pursuing a career in oil and gas, compared to 77% in the technology sector, 58% in life sciences and pharmaceuticals, and 57% in healthcare – according to the inaugural global “Workforce of the Future” survey released by the Abu Dhabi National Oil Company (ADNOC) at CERAWeek by IHS Markit. Interest in oil and gas is on par with the marketing and advertising (48%), hospitality (47%), transport/logistics (46%) and retail (41%) industries. The survey was commissioned by ADNOC to examine future workforce and employment trends in the oil and gas industry, ...

BP and Enpro Subsea (Enpro) have announced the execution of a global frame agreement aimed at providing an enhanced subsea architecture and smart standardization using Enpro’s patented Flow Access Module (FAM) technology...

Halliburton has signed a Memorandum of Understanding (MOU) with the Egyptian Ministry of Petroleum & Mineral Resources (MoP) to support a specialized development program for Egypt’s middle management and young professional employees...

Rowan announced that Repsol Exploracion Guyana, S.A. has signed a contract for the EXL II, a high-specification super 116E jackup rig, for work in Guyana...

Emerson and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to significantly reduce the time to prospect and produce first oil...