Proserv is bolstering its rapidly-expanding subsea capabilities and specialist integrated services and increasing its workforce by more than 300 people.
Energy
ZiLift Receives £4 Million Boost for Artificial Lift Technology, Targeting $6 Billion Dollar Oil and Gas Extraction Market
ZiLift, an Aberdeen, Scotland-based provider of artificial lift solutions for the oil and gas industry, has received a growth capital investment of £4 million (US$7 million).
Temasek, RRJ to invest $468 mln in US LNG plant
Singapore state investor Temasek Holdings and Asia-based private equity firm RRJ Capital have agreed to invest $468 million in Cheniere Energy.
$35 billion in Oil & Gas Deals Announced First Quarter 2012
Global transaction deal value down 26% from Fourth Quarter 2011 PLS Inc. ("PLS") in conjunction with its international partner, Derrick Petroleum Services ("Derrick"), reports that global M&A activity for the First Quarter 2012 slowed to $35.
Petroplus: rapid rise and fall of a refiner
Here is a look at the ups and downs of Petroplus as Vitol, the world's largest oil trader, teamed up with Marcel Van Poecke, Petroplus's co-founder, to buy the insolvent refiner's Swiss plant.
Latest News
Watsco, Inc. has completed the acquisition of 60% of Carrier’s heating, ventilation and air conditioning (HVAC) distribution network in Canada.
Williams Partners L.P. has completed its previously announced acquisition of Caiman Energy’s wholly owned subsidiary, Caiman Eastern Midstream, LLC.
Delta Air Lines is expected to buy a Pennsylvania oil refinery. With the deal to buy ConocoPhillips' Trainer, Pennsylvania, refinery expected to be confirmed imminently, some say that Delta, the country's No. 2 carrier, could have the last laugh.
Pipeline operator Energy Transfer Partners LP said it will buy Sunoco Inc for $5.3 billion in stock and cash.
The Halifax Group, a private equity firm that partners with management to invest in growing entrepreneurial companies, announced today that it has sold PolyPipe Holdings, Inc. (“PolyPipe”) to Dura-Line Holdings, Inc. Terms of the sale were not disclosed.
First Look West (FLoW), the largest clean energy business plan competition in the western United States, has tapped the depth of innovative talent in university students. These students are helping to create the clean energy future through their promising clean energy business ventures.
34 MW wind project in Hancock County will create construction jobs, boost local tax revenues and provide clean energy for 18,000 homes
Proteus Energy Corporation, today announced the closing of a $10 million secured line of credit with Platinum Partners Credit Opportunities Fund, a private investment fund managed by New York based Platinum Partners.
