News

Kent (or the “Company”), a leading international integrated energy services partner formerly known as Kentech, provides the following updates: Kent raised $65 million; balance sheet fully funded to support new strategy Closing of transaction delivers in excess of

Wellesley Petroleum AS (“Wellesley”) and Equinor Energy AS (“Equinor”) have signed a Sale and Purchase Agreement covering several development assets on the Norwegian Continental Shelf. The transaction is as follows: Equinor to acquire

ADDISON, Texas, July 13, 2021— Authentix, the authority in authentication and information services, announced that it has acquired Asia’s leading online brand and content rights protection provider, Strategic IP Information Pte Ltd (SIPI). For over ten years, SIPI has offered

As the winner of an international tender, Galileo Technologies will supply Egypt with 500 CNG dispensers and 200 Microbox Core™ MX200 compressor packages. These will equip the service stations of NGVC and GASTEC, two partially state-owned NGV companies. The Ministry of Oil and Mineral

United Kingdom, 23rd June 2021: Severn Glocon and ValvTechnologies have reached a partnership agreement that will see collaboration between two of the world’s leading engineering and manufacturing companies specializing in innovative, high-end, severe-service valves. Subject

Well Expertise has hailed an industry “first”, using an on-the-rig training simulator for a plug and abandonment (P&A) campaign. The firm is the well management company for operator DNO at the Oselvar field. Well Expertise said this is the first time a simulator has been

The Deal Bluewater Fund I has a pipeline of attractive and value accretive bolt on opportunities, which will maximise returns for the fund. This facility provides an effective source of committed capital to allow Bluewater to move quickly and take advantage of accretive opportunities. The

Global Energy Storage (GES) is a new company backed with funding from private equity firm Bluewater and intends to invest $250 million. GES is led by Peter Vucins and Eric Arnold, the team behind the growth of leading hydrocarbon storage company, Global Petro

Bluewater has sold px Group to the management team led by Geoff Holmes and backed by institutional investors. px operates and maintains highly complex energy transition and industrial infrastructure assets across the UK. In 5 years

Addison, Texas & Gauteng, South Africa & Islamabad, Pakistan—March 10, 2021—The Consortium of Authentix, Inc., MITAS Corporation and AJCL Private Limited is pleased to announce it has finalized a license agreement with Federal Board of Revenue of Pakistan to implement a track and

Today, 3t Energy Group can announce that it has exchanged contracts with Petrofac on a major transformational acquisition for the purchase of its UK training centres. The purchase includes Petrofac’s Survival and Marine, Health and Safety, Fire, and Major Emergency Management capability and

Kentech strengthens position as top-tier global energy services firm through a major acquisition from SNC-Lavalin Prospective acquisition would create a company that can provide full asset life cycle services to the energy industry The acquisition

 Cairo, Egypt, 18 January 2021 – Apex International Energy (Apex), which is backed in part by UK energy investment firm Blue Water Energy, today announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt. The discovery was