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      Becht Engineering Co. acquires The CECON Group

      America
      Becht Engineering Co., Inc., has announced that it has acquired The CECON Group, Inc. Terms of the transaction were not announced. Becht Engineering provides...

      Apache to divest Australian energy business for $2.1bn

      America
      A consortium of private equity funds managed by Macquarie Capital Group and Brookfield Asset Management has signed an agreement with US oil and gas...

      BP reportedly seeks buyers for $2bn of pipelines and storage terminals in US

      America
      BP is reportedly seeking buyers for about $2bn of pipelines and storage terminals in the US. Citing people familiar with the matter, Bloomberg reported...

      CGG acquires Taurus Reservoir Solutions to expand geoscience portfolio

      America
      CGG's GeoConsulting Business Line has acquired Canada-based Taurus Reservoir Solutions, a provider of reservoir and engineering services to the worldwide petroleum industry. Headquartered in...

      Gazprom and YPF sign agreement to develop hydrocarbons in Argentina

      America
      Russian natural gas firm Gazprom and Argentinean oil and gas producer YPF have signed a memorandum of cooperation on hydrocarbon deposits. The deal includes...

      Oil price slips below $65 over signs of shale oil production recovery in US

      America
      Oil price fell below $65 a barrel on Monday amidst fresh oversupply concerns with some US shale oil operators looking to resume production. Brent...

      Tracerco’s scanner completes deep-water deployment on Shell-operated flowlines in Gulf of Mexico

      America
      Discovery, the subsea CT scanner developed by Tracerco has completed the first deep-water deployment on flowlines operated by Shell in the Gulf of Mexico....

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