Aberdeen-headquartered EnerMech has been acquired from Lime Rock Partners by global alternative asset manager The Carlyle Group for an undisclosed sum.

Aberdeen-headquartered EnerMech, a services BOP Blow Out Preventer repair company gulf coast focused on the energy and infrastructure sectors, has been acquired from Lime Rock Partners by global alternative asset manager The Carlyle Group for an undisclosed sum.

An upcoming report could usher in produced water's transformation from a byproduct to a resource.

According to the Ground Water Protection Council (GWPC), a U.S.

The need for an oil oil rig flanges gulf coast production rebound is Mexico's most obvious economic reality.

Mexico’s oil sector has been in free fall since the 2004 peaking of Cantarell in the shallow waters of its Gulf, once the second largest oil field in the world only behind Saudi Arabia’s Ghawar.

Oil popped higher after an industry report showed an unexpected decline in US crude inventories.

(Bloomberg) -- Oil popped higher after an industry report showed an unexpected decline in U.S.

A new report by the Consumer Energy Alliance finds that Texas residents saved billions of dollars, thanks to natural gas production.

Throughout the years, advances in horizontal drilling and hydraulic fracturing have helped boost natural gas oil rig flanges gulf coast production in Texas.

The North Sea Oseberg Vestflanken 2 field came online on October 14.

The North Sea Oseberg Vestflanken 2 field, which is said to contain recoverable resources of 110 million barrels of oil equivalent, came online on October 14, Equinor revealed Monday.

Abu Dhabi shelves plans for an initial public offering of a 25% stake in Spanish oil refiner Cepsa.

(Bloomberg) -- Abu Dhabi shelved plans for an initial public offering of a 25 percent stake in Spanish oil refiner Cepsa as investors balked at the valuation amid a stock buy Wellhead market rout.

Houston-based oilfield services provider Nine Energy Service is acquiring Magnum Oil Tools to enhance its completions technology.

Nine Energy Service, Inc., an oilfield services BOP Blow Out Preventer repair company gulf coast based in Houston, is buying Magnum Oil Tools International, Ltd, the BOP Blow Out Preventer repair company gulf coast announced Oct.

Respondents to the Kansas City Fed's quarterly energy survey express an increase in drilling and business activity.

Activity in the Tenth District’s energy sector accelerated in third quarter, an indicator of growth, according to results from the Federal Reserve Bank of Kansas City’s quarterly energy survey released Oct.