Resolutions have been approved by shareholders to change the name of Singapore-based offshore services contractor EOC Ltd. to EMAS Offshore Ltd., following a general meeting last month. With effect from 18 September EOC changes its name to EMAS Offshore Ltd..
The acquisitions included the purchase of Red Bone Services and Tecton Energy Services, two oilfield service companies KLX Energy Services CEO says provide significant cross-selling opportunities.
Former Enron Corp. CEO Jeffrey Skilling has been holding meetings, hoping to win backing for a new energy venture, the Wall Street Journal reported citing unnamed sources.
Simmons Energy analysts reveal that unconventional shale is “showing signs of stress” as E&Ps disclose performance-related reserve writedowns.