Forum Energy Technologies Inc.
Transactions
Forum Energy Technologies Completes $105 Million Asset Sale
Forum Energy Technologies Completes $105 Million Asset Sale
Forum Sells Ashtead Technology Interest For Nearly $50 Million
Forum Sells Ashtead Technology Interest For Nearly $50 Million
Ashtead Technology, Forum Energy Technologies Announce Subsea Rentals JV
Ashtead Technology, Forum Energy Technologies Announce Subsea Rentals JV
Forum Acquires Multilift, Manufacturer Of Artificial Lift Tools
Forum Acquires Multilift, Manufacturer Of Artificial Lift Tools
Forum Acquires Multilift, Manufacturer Of Artificial Lift Tools
Forum Acquires Multilift, Manufacturer Of Artificial Lift Tools
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New Financings
Forum Energy Technologies Inc. today announced the commencement of a modified “Dutch…
Priced a public offering of 7 million common shares at $21.50 each. Net proceeds will support…
Priced an offering of an additional 6.25% senior notes due 2021 to eligible purchasers in a private…
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News
Oil Industry Veteran Beyer Appointed to Key Interior Department Post
Energy industry veteran Leslie Beyer has been appointed to assistant secretary of land and minerals management at the U.S. Interior Department, where she will oversee key agencies including the Bureau of Land Management and Bureau of Ocean Energy Management.
Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation
Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.
Forum Energy Signs MOU to Develop Electric ROV Thrusters
The electric thrusters for ROV systems will undergo extensive tests by Forum Energy Technologies and SAFEEN Survey & Subsea Services.
Forum Energy Technologies Completes Acquisition of Variperm
Forum Energy Technologies’ acquisition enhances the company’s downhole and artificial lift product portfolio by adding a manufacturer of customized downhole technology solutions in sand and flow control for heavy oil applications.
E&P Highlights: Sept. 18, 2023
Here’s a roundup of the latest E&P headlines, including an awarding of blocks from Lease Sale 259 and the start of production from a new well.
E&P Highlights: Feb. 23, 2023
Here’s a roundup of the latest E&P headlines, including NOPSEMA approval of the Dorado project offshore Western Australia and new contract awards in the upstream oil and gas industry.
Houston’s Forum Appoints Neal Lux CEO as Part of Succession Plans
Effective Feb. 18, C. Christopher Gaut, the current chairman, president and CEO who has led Forum Energy Technologies since its inception, will become executive chairman.
Forum Energy, Deepsea Technologies Partner to Support Growth in South America
Forum Energy Technologies has entered into a partnership with Deepsea Technologies on March 17 to represent its operations in Brazil as part of the business’ long-term growth strategy in South America.
Forum Manufactures Technologically Advanced Submarine Rescue Vehicle
Forum Energy Technologies has completed manufacturing a highly advanced submarine rescue vehicle (SRV) on Jan. 26 including cutting edge technologies, which may be utilized to extract submariners from distress situations.
Forum Energy Technologies Completes $105 Million Asset Sale
The divestiture helps position Forum Energy Technologies “to thrive in this opportunity-rich market environment,” says Cris Gaut, the company’s chairman and CEO.
Forum’s XT500 Trenching System to Support Major Cable Maintenance Project in Asia
Forum Energy Technologies has secured an order to supply specialist subsea equipment for a major cable maintenance project in South East Asia on Nov. 4.
E&P Tech Trends: New Schlumberger Digital Service; On-demand Well Control Training; More
Check out the latest products and services for the upstream oil and gas industry including Schlumberger’s Performance Live digitally connected service that optimizes remote wellsite operations control.
Forum Develops Remote Piloting Capability for ROVs
Forum Energy Technologies revealed it has developed and demonstrated the ability to remotely operate workclass and observation class (Perry and Sub-Atlantic) ROV systems between an offshore vessel and a remote location on Aug. 3.
E&P Tech Watch: Bringing the Seabed to the Design Desk
A simulation system provides design engineers with a realistic insight into what an ROV can and cannot do to improve the design of subsea systems.
Forum Energy Technologies Makes Changes to Executive Team
Forum Energy Technologies Inc. said June 30 that, as part of its continuing cost reduction plan, the corporate executive team will be reduced and reorganized.