Marathon Oil announces STACK acquisition

23rd June 2016

Marathon Oil Corporation (NYSE:MRO) announced on Monday the signing of a definitive purchase and sale agreement to acquire PayRock Energy Holdings, LLC (“PayRock”), a portfolio company of EnCap Investments, for $888 million. PayRock has approximately … Read More »

Schlumberger Acquires Saltel Industries

2nd June 2016

Schlumberger announced today the acquisition of Saltel Industries, a France-based engineering, manufacturing and service company that offers expandable patches and steel packers technology for the oil and gas industry. “Saltel Industries has an impressive track … Read More »

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