oilfield

Oculus Transport, a western Canadian oilfield transport and logistics firm, is getting a C$45 million capital boost to fuel its growth.  Great Rock Capital, a commercial finance company based in Connecticut, said on August 21 that it had closed a senior secured term loan with Oculus.  "This...

Baker Hughes A GE Co (NYSE: BHGE), a division of General Electric Company (NYSE: GE), announced Tuesday multiple long-term agreements to maximize value for both Baker Hughes and its parent company. What Happened Baker Hughes and GE said the two entities established a new commercial and...

This week, Exxon Mobil Corporation (NYSE: XOM) reported the discovery of a massive new oilfield in offshore Nigeria that could contain up to one billion barrels of oil. On the surface, the Owowo discovery seems like great news for Exxon and its shareholders, but a number of market analysts have...

For more than 70 years now, Baker Hughes Incorporated (NYSE: BHI) has been publishing rotary rig counts for the United States and Canada every week. On top of this, the company has also issued a monthly international rig count for the last 40 years. The oilfield services supplier assured the rig...