Epiroc and Orica have successfully co-developed a prototype of the world’s first semi-automated explosives delivery system.
Read MoreDay: January 8, 2021
Key Water Legislation Passes
The Water Resources Development Act of 2020 (WRDA) was approved as part of the year-end omnibus and COVID-relief legislative package.
Read MoreSchlumberger Limited, Liberty Oilfield Services Do Deal
Schlumberger Limited SLB has completed the deal with smaller rival, Liberty Oilfield Services Inc. LBRT, to contribute its onshore hydraulic fracturing business in the United States and Canada, known as OneStim.
Read MoreTexas Frac Marks Two Years Without a Lost Time Accident
Texas Frac of Saint Jo, Texas, has marked two years without a lost time accident, according to a press release from the operation’s parent organization, FLASH Family of Companies.
Read MoreSource Energy Services Completes Recapitalization Transaction
Source Energy Services Ltd. together with its affiliates, completed its recapitalization transaction pursuant to a plan of arrangement dated Nov. 25, 2020, under the Canada Business Corporations Act.
Read MoreThis Week’s Market Buzz
• A Reuters poll of analysts in late December showed a broad expectation that Brent Crude will average “a smidge above $50/bbl this year,” PVM Oil Associates said. U.S. benchmark West Texas Intermediate crude futures broke above $50/bbl this week for the first time since February, boosted by a surprise announcement by Saudi Arabia of a 1 million barrel-per-day production…
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