Editor's note: This "On the Move" section appears in the new E&P newsletter. This weekly section highlights new hires, appointments, retirements and promotions as well as company news such as new office locations and major M&A deals. Submit your company news to Ariana Hurtado at email@example.com. Subscribe to the E&P newsletter here.
Coretrax has appointed four new positions: Keith Bradford, EARC regional manager; Murray Forbes, vice president of sales and marketing; Bob Murdoch, eastern hemisphere expandables operations manager; and Emile Sevadjian, vice president of expandables engineering.
Enteq Upstream has named Suki Gill business development vice president. Gill will also serve as chairperson of the MWD/LWD Sub-Committee. Read more here.
Maersk Training has appointed Paul Hudson U.K. head of commercial.
WAGO Corp. has named Lucas Nuss product specialist for marketing, tools and smartDESIGNER software.
Helix Energy Solutions Group Inc. has named T. Mitch Little Class I director on the company’s board of directors. Little previously served as executive vice president of operations for Marathon Oil from August 2016 until his retirement in December 2020. Read more here.
Coretrax has moved its regional headquarters to a new facility at Badentoy industrial estate in Aberdeen. The premises boast 70,000 sq ft of offices, warehouse and yard space. In addition, Coretrax has doubled the size of its Middle East headquarters in Dubai, United Arab Emirates, after moving into a new multi-commodities center office space in the city and an operations hub in Abu Dhabi.
B3 Insight announced the formation of the Oilfield Water Stewardship Council (OWSC), a new ESG-focused membership program for water management in oil and gas. The OWSC comprises founding members from EagleClaw Midstream, Pioneer Natural Resources, Solaris Water Midstream, Breakwater Energy Partners, PearlSnap Midstream, Goodnight Midstream and H2O Midstream.
bp has acquired U.K.-based digital energy business Open Energi. It will join the bp Launchpad portfolio, seeking opportunities to further scale the business globally. Open Energi’s products and services are used to optimize the performance of a network of energy assets with a total capacity of more than 80 MW.
In this special section, E&P highlights the latest technologies from more than 30 companies, showcasing how these tools are used for developing shale resources and how companies will benefit from the application of these advanced tools on their operations.
The higher prices signal the need for more drilling and production.
Even with oil prices surging toward $75 a barrel, U.S. shale producers are keeping their pledges to hold the line on spending and keep output flat, a departure from previous boom cycles.