The Latest

People

Bristow Group Names Jennifer Whalen as CFO

Bristow Group Inc. has appointed Jennifer Whalen as senior vice president and CFO, effective on Sept. 16, 2020.

September 17, 2020

Business

PATH FORWARD: Honeywell CTO on Remote Oilfield Tech, Data Analytics

Jason Urso, CTO of Honeywell Process Solutions, joined Hart Energy to explain the growing significance of remote technologies in the current environment in which oil and gas companies operate.

September 17, 2020

Investment

Study: Global Net-zero Emissions Goal Would Require $1-2 Trillion Yearly Investment

As a result of the energy transition needed, oil demand could be slashed from 100 million bbl/d in 2019 to around 10 million bbl/d by mid-century, the study said.

September 17, 2020

Private Equity

Quantum Energy Partners, Global Reserve Group Lead Financing Round of Datagration

“PetroVisor has already delivered game-changing financial results for many E&P companies and is ready to scale globally,” Datagration Executive Chairman Peter Bernard said in a statement.

September 16, 2020

Business

Exxon Mobil Announces Winners of Power Play Awards

Second annual awards recognize women in the LNG business.

September 16, 2020

Business

Service Provider Proserv Opens New Facilities Boosting Global Operations

The new facilities in Abu Dhabi and Scotland demonstrate that even during a global pandemic, the controls technology provider is “growing and moving forwards,” says Michael Purkiss, Proserv’s vice president of services.

September 16, 2020

Business

Oil and Gas Personnel Issues: Legal Minefields

The nature of oil and gas businesses can pose tricky personnel issues, but sound human resources practices can prevent litigation.

September 16, 2020

Public Capital

US Shale Producers Bleed Cash Despite Slashed Spending

Deep spending cuts made by U.S. oil and gas producers in the second quarter were ‘too little, too late,’ analysts say.

September 16, 2020

Private Equity

Momentum Minerals Closes Third Funding Round from Apollo

The capital raise marks the latest equity commitment in Momentum Minerals management’s long-standing relationship with Apollo Global Management and its affiliates that started in 2013.

September 15, 2020

Restructurings

Lessons Learned from Early Wave of E&P Bankruptcies

As upstream oil and gas companies emerge from Chapter 11 bankruptcies, they’ll need to be mindful of exit credit facility terms and requirements that may reflect a shift from their prior experience and will likely affect their future borrowing base redetermination process.

September 15, 2020