Company Operations News for United States


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McDermott Completes Restructuring Share your comments
Wednesday, July 01, 2020McDermott International has successfully completed its restructuring process.

Exxon and Chevron Face Investor Pressure for Oil Demand Outlook Share your comments
Wednesday, July 01, 2020America’s biggest oil companies are coming under increasing pressure from climate-conscious investors.

Energy CEOs Drop Climate Change Talk to Stress Survival Share your comments
Wednesday, July 01, 2020"What's been front and center has been the extreme volatility and carnage that's occurred in the energy sector," said one energy analyst.

Chesapeake Bankruptcy Extends String of 2020 Shale Busts Share your comments
Monday, June 29, 2020The shale bust has reached a grim milestone by claiming the pioneer of America's drilling renaissance.

Dril-Quip Makes Subsea Deal with Proserv Share your comments
Friday, June 26, 2020Drill-Quip will rely upon Proserv to develop and manufacture its subsea control systems as a supplier.

Exxon Reportedly Preps for US Job Cuts Share your comments
Friday, June 26, 2020Some U.S.-based employees who are subject to performance evaluations could end up leaving this year after their assessments, unnamed sources told Bloomberg.

Trenchless Project Pro Joins Kleinfelder Share your comments
Thursday, June 25, 2020Dennis Doherty's professional experience spans four decades. PHOTO SOURCE: Kleinfelder

KBR to Exit Most LNG, Energy Projects Share your comments
Wednesday, June 24, 2020The firm will focus mostly on government contracts and technology businesses going forward.

Bartsch to Succeed Sistrunk at Aera Share your comments
Wednesday, June 24, 2020Christina Sistrunk joined Aera Energy in June 2015. PHOTO SOURCE: Aera Energy LLC

Tellurian Gets New Executive Chairman Share your comments
Wednesday, June 24, 2020Tellurian Inc. has named Charif Souki as its new executive chairman.

Flotek Names New Global Business President Share your comments
Tuesday, June 23, 2020He will oversee domestic and international business development strategy for both divisions of the company.

Ovintiv's Head of Exploration Exits Share your comments
Monday, June 22, 2020David G. Hill will leave the company on June 30.

Neptune Proposes Hundreds of Job Cuts Share your comments
Monday, June 22, 2020Neptune Energy has informed its employees of proposals to reshape the size of its global organization.

Chesapeake Alum Joins Laredo as CFO Share your comments
Friday, June 19, 2020Personnel costs for full-year 2020 are also expected to be reduced by 10 percent from 2019 levels.

Fulkrum Adds Oceaneering Inspection Division Share your comments
Thursday, June 18, 2020FTR is now supplying services formerly provided by Oceaneering's third-party inspection division. PHOTO SOURCE: Fulkrum Technical Resources

Weatherford Names Interim CEO Share your comments
Thursday, June 18, 2020Christian Garcia, Executive Vice President and CFO, has decided to leave the company.

Key Energy Services Names New CFO Share your comments
Wednesday, June 17, 2020Key Energy Services, Inc. reported Monday afternoon that it has named Nelson Haight the company’s senior vice president, chief financial officer and treasurer.

Ovintiv Nixing Jobs Across North America Share your comments
Wednesday, June 17, 2020The layoffs are coming roughly equally from offices in Calgary, Denver and The Woodlands, Texas, as well as from field staff.

Black Stone Minerals, XTO Ink Shelby Trough Agreement Share your comments
Tuesday, June 16, 2020The agreement allows for royalty relief on 13 existing DUCs if XTO completes and turns the wells to sales by March 31.

Otto Energy CEO and MD Steps Down Share your comments
Tuesday, June 16, 2020Otto Energy has revealed that Matthew Allen has stepped down as the company's chief executive officer and managing director.

Chesapeake Reportedly Skips Interest Payment Share your comments
Tuesday, June 16, 2020Chesapeake Energy Corp., a pioneer of the shale revolution, is putting the finishing touches on plans to hand control to creditors.

Reed Pere to Lead Permian Ops for Danos Share your comments
Monday, June 15, 2020He will be responsible for overseeing all service lines and operations in the Permian Basin.

BP Writes Off Billions Share your comments
Monday, June 15, 2020BP will make the biggest write down in a decade on the value of its business.

Northern Oil and Gas Buys Williston Basin Acreage Share your comments
Friday, June 12, 2020The assets are expected to produce 1,200 barrels of oil equivalent per day.

Non-Kuwaiti Nationals Will Not Be Hired at KPC Share your comments
Friday, June 12, 2020Here are some of Rigzone's top stories during the last week, just in case you missed them...

Bristow and Era Complete Merger Share your comments
Friday, June 12, 2020Bristow Group Inc. and Era Group Inc. announced Thursday that they have completed their merger.

Tri-Point's Oil Production, Processing Assets Heading to Auction Share your comments
Thursday, June 11, 2020The company is undergoing liquidation by order of the US Bankruptcy Court.

Deep Down Wins GOM, APAC Subsea Orders Share your comments
Thursday, June 11, 2020All the equipment is scheduled to be completed before the end of 2020.

Lacy to Succeed Ale at Southwestern Share your comments
Tuesday, June 09, 2020Southwestern Energy reported that John Ale will retire as the firm's general counsel and corporate secretary.

Trice Out as Hurricane Energy CEO Share your comments
Tuesday, June 09, 2020He will remain available to assist the company during a transition period of six months.

Weatherford CEO Departs Ahead of Shareholder Meeting Share your comments
Tuesday, June 09, 2020The board has launched a search to find a permanent President and CEO to replace Mark A. McCollum.

Chesapeake Plans Bankruptcy Share your comments
Tuesday, June 09, 2020Chesapeake is preparing a potential bankruptcy filing, according to people with knowledge of the matter.

Texas Steel May Layoff Entire Workforce Amid Oil Slump Share your comments
Monday, June 08, 2020The company is attempting to continue operations by obtaining additional contracts and fostering new business.

Oil and Gas Blockchain Group Claims Milestone Share your comments
Monday, June 08, 2020The Offshore Operators Committee Oil and Gas Blockchain Consortium reportedly has achieved an industrywide first.

Wood Pledges 40 Percent Cut in Carbon Emissions Share your comments
Friday, June 05, 2020Wood has pledged to set a science-based target to reduce its scope 1 and 2 greenhouse gas emissions by 40 percent by 2030.

Greenlee Retiring as President of ExxonMobil Upstream Business Share your comments
Wednesday, June 03, 2020He plans to retire in July after more than 38 years of service with the company.

McDermott Divests Pipe Fabrication Business Share your comments
Wednesday, June 03, 2020Ithaca Acquisition Holdings has completed its acquisition of the former pipe fabrication assets of The Shaw Group from McDermott International, Inc.

Cooksen Joins Targa Board Share your comments
Wednesday, June 03, 2020Targa Resources Corp. has elected Lindsey M. Cooksen to its board of directors, increasing the size of its board from 11 to 12 members.

Halliburton Launches Wireless Depth Correlation System Share your comments
Tuesday, June 02, 2020Operators can measure depth in real time while tracking changes in position to improve efficiency.

Seadrill to Delist from NYSE Share your comments
Tuesday, June 02, 2020Seadrill Limited has revealed that it will delist from the New York Stock Exchange.

BP America Names New Chairman, President Share your comments
Friday, May 29, 2020Susan Dio, a 36-year veteran of the company, will retire later this year.

Oxy Faces Investor Lawsuit Over Anadarko Acquisition Share your comments
Friday, May 29, 2020Investors claim they lost billions when Oxy overleveraged itself after its Anadarko acquisition.

MRC Global's CEO to Retire in 2021 Share your comments
Friday, May 29, 2020The board of directors will begin a CEO selection process this year.

Suttles to Take on Additional Role at Ovintiv Share your comments
Friday, May 29, 2020Ovintiv CEO Doug Suttles will assume the responsibilities of president upon the retirement of Michael McAllister.

Basic Energy Consolidates Regions to Slash Costs Share your comments
Thursday, May 28, 2020It is slimming its number of operating regions from the current five to three.

Cold Bore Launching Beta Test for Frac Action Software Share your comments
Thursday, May 28, 2020The software allows frac operators to overlay high resolution, real-time stage frac data onto that of multiple previous stages.

Survey Tracks Health of Energy Transition Amid COVID-19 Share your comments
Thursday, May 28, 2020Despite the upheaval from COVID-19, energy and industrial leaders will likely continue to commit their companies to decarbonization programs, according to Deloitte.

Subsea 7 Expects to Slash Around 3,000 Jobs Share your comments
Thursday, May 28, 2020Subsea 7 expects to slash around 3,000 people from its global workforce of 12,000 by the end of the second quarter of next year.

EQT Closes Asset Sale for $125MM Share your comments
Wednesday, May 27, 2020The transaction relieves EQT of about $47 million in asset retirement obligations and other liabilities.

Vermilion Energy Shuffles Leadership Share your comments
Wednesday, May 27, 2020Anthony Marino has stepped down as president, CEO and director, effective immediately.

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