Ritchie Bros. to sell late model rock trucks in Grand Opening unreserved auction in Grande Prairie
Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, is selling mining and heavy construction equipment and trucks-including a fleet of late model rock trucks-in an upcoming two-day, multi-million dollar, unreserved public auction at the Company’s brand new permanent auction site in Grande Prairie on Tuesday, November 24th to Wednesday, November 25th 2009 starting at 8:00...
Universal Holdings Closes Acquisition and Enters Domestic North American Oil and Gas Market
Universal Holdings announced that on September 21, 2009, the company purchased 100% of the outstanding membership units of Coronado Acquisitions, LLC. In connection with this acquisition, Universal has satisfied a promissory note issued by Coronado Acquisitions, LLC in the principal amount of $3,250,000 by issuing 2,100,000 restricted shares of its common stock to the Noteholders. Coronado is a development...
Ritchie Bros. returns to Bakersfield to conduct large unreserved equipment auction
Ritchie Bros. is conducting the Company’s first public unreserved auction in Bakersfield, California in 16 years on March 27, 2009 starting at 8:00 a.m. The last multi-million dollar unreserved auction Ritchie Bros. held in Bakersfield was in 1993 when the Company sold over 450 items to more than 500 bidders. The upcoming unreserved auction on March 27th will provide local and international bidders...
Newfield Exploration and Ecosphere Technologies Sign Water Recycling Services Agreement
Ecosphere Technologies, Inc., a diversified water engineering and services company, announces today it has signed a water recycling services contract with Newfield Exploration Mid-Continent. Newfield Exploration is an independent crude oil and natural gas exploration and production company and a subsidiary of Newfield Exploration Co. Ecosphere and Newfield had previously entered into a three month...
Flowserve Signs Long-Term Strategic Agreement with Oil and Gas Giant Saudi Aramco
Flowserve Corporation, one of the world’s leading providers of flow control products and services for the global infrastructure markets including oil and gas, power, chemical water and general industries, today announced it has signed a 10-year strategic supplier agreement with Saudi Aramco, one of the world’s largest oil producing companies. The supply agreement includes Flowserve’s entire...
Superior Well Services, Inc. Closes Acquisition of Oilfield Service Assets from Diamondback Holdings, LLC
Superior Well Services, Inc. announced that it has closed its previously announced acquisition of certain oilfield service assets from Diamondback Holdings, LLC, a privately-owned company. Superior acquired Diamondback’s pressure pumping, fluid logistics and completion, production and rental tools business lines for $225 million in total consideration, subject to certain post-closing adjustments....
Flint announces new construction contract for StatoilHydro’s Leismere Oilsands Project
Flint Energy Services Ltd. announced the Company has been awarded a $50 million (Canadian dollar) construction contract by StatoilHydro Canada Limited, the Canadian business unit of StatoilHydro, for work on the Leismer Oilsands Demonstration Project located near Fort MacMurray, Alberta. The contract will involve the site construction of the central plant’s mechanical components for the new...
Flint Announces Fluid Hauling and Pressure and Vacuum Contract Awards in Northeast Alberta
Flint Energy Services Ltd. announced that the Company has been awarded two contracts to provide fluid hauling and pressure and vacuum services to two major oil producers in Northeast Alberta valued at $125 million (Canadian dollars) over the next five years. The first, a five year contract, worth an estimated C$15 million annually, is with an existing customer in Northeast Alberta. This contract will...
ARAM Launches ARIES II Land Seismic Recording System
ARAM Systems, a subsidiary of ION Geophysical Corporation, announced the commercialization of its cable-based ARIES II(TM) seismic recording platform. ARIES II provides the operational flexibility to cost-effectively undertake complex 2D, 3D, and 4D acquisition programs both onshore and in transition zone environments, and delivers the capabilities needed for both high channel-count acquisition programs...
Technip Awarded Contract for the Charter of a Pipelay Vessel
Technip has been awarded by Petrobras a daily-rate contract (worth more than US$ 100 million) for a two-year charter of the Normand Progress, a vessel specializing in flexible pipeline installation. The contract includes engineering and support services, as well as an additional two-year option. The Normand Progress will be used for the installation and retrieval of flexible pipelines offshore Brazil,...
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