Petroleum engineering

Solaris Oilfield Infrastructure Announces Quarterly Cash Dividend

Thursday, May 13, 2021 - 9:57pm

b'Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (\xe2\x80\x9cSolaris\xe2\x80\x9d) announced today that its Board of Directors has declared a quarterly cash dividend of $0.105 per share of Class A common stock, to be paid on June 25, 2021 to holders of record as of June 15, 2021.

Key Points: 
  • b'Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (\xe2\x80\x9cSolaris\xe2\x80\x9d) announced today that its Board of Directors has declared a quarterly cash dividend of $0.105 per share of Class A common stock, to be paid on June 25, 2021 to holders of record as of June 15, 2021.
  • A distribution of $0.105 per unit has also been approved for holders of units in Solaris Oilfield Infrastructure, LLC, which is subject to the same payment and record dates.\nSolaris Oilfield Infrastructure, Inc. (NYSE:SOI) provides mobile equipment that drives supply chain and execution efficiencies in the completion of oil and natural gas wells.
  • Solaris\xe2\x80\x99 patented mobile proppant and chemical systems are deployed in many of the most active oil and natural gas basins in the United States.
  • Additional information is available on our website, www.solarisoilfield.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513006047/en/\n'

Kodiak Provides Update on Drill Program at MPD Copper-Gold Porphyry Project in Southern British Columbia

Tuesday, May 11, 2021 - 12:30pm

The program is currently operating with one drill rig, with plans to add a second rig in Q2.\nCore samples are being shipped to ALS Canada Ltd. in North Vancouver, British Columbia for preparation and final analysis.

Key Points: 
  • The program is currently operating with one drill rig, with plans to add a second rig in Q2.\nCore samples are being shipped to ALS Canada Ltd. in North Vancouver, British Columbia for preparation and final analysis.
  • We are pleased with the progress of the program to date and are looking forward to new results from expanded drilling at the Gate Zone.
  • The pace of our drill program will accelerate as the year progresses with the addition of further drills and the testing of other target areas such as Dillard.
  • Kodiak also holds the Mohave copper-molybdenum-silver porphyry project in Arizona, USA, near the world-class Bagdad mine.

Schlumberger and NOV Announce Collaboration to Accelerate Adoption of Automated Drilling Solutions

Monday, May 10, 2021 - 3:00pm

b'Schlumberger and NOV announced today a collaboration to accelerate automated drilling solutions adoption by oil and gas operators and drilling contractors.

Key Points: 
  • b'Schlumberger and NOV announced today a collaboration to accelerate automated drilling solutions adoption by oil and gas operators and drilling contractors.
  • The agreement will enable customers to combine Schlumberger surface and downhole drilling automation solutions with NOV\xe2\x80\x99s rig automation platform to deliver superior well construction performance.
  • This integrated offering enables the automation of manual workflows, improving safety, decision making, consistency, and efficiency in drilling operations.\n\xe2\x80\x9cWe are pleased to collaborate with NOV and to integrate their rig automation interface with our drilling automation solutions to unlock higher performance for operators and drilling contractors.
  • Leveraging downhole and surface automation applications, we can deliver enhancements in operations safety and efficiency, and deliver top-quartile wells for our customers consistently,\xe2\x80\x9d comments Olivier Le Peuch, CEO, Schlumberger.

Fluor Announces that NuScale Power has Engaged Guggenheim Securities to Explore Financing Options

Friday, May 7, 2021 - 11:52am

Modules safely shut down and self-cool, indefinitely, with no need for AC or DC power, operator or computer action, or additional water.

Key Points: 
  • Modules safely shut down and self-cool, indefinitely, with no need for AC or DC power, operator or computer action, or additional water.
  • Fluor had revenue of $15.7 billion in 2020 and is ranked 181 among the Fortune 500 companies.
  • With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 100 years.
  • For more information, please visit www.fluor.com or follow Fluor on Twitter , LinkedIn , Facebook and YouTube .\n'

Peter J. Fluor Retires from Board of Directors

Thursday, May 6, 2021 - 9:04pm

b'Fluor Corporation (NYSE: FLR) announced that Peter J. Fluor, great-grandson of company founder John Simon Fluor, is retiring May 6 from the Fluor Corporation Board of Directors.

Key Points: 
  • b'Fluor Corporation (NYSE: FLR) announced that Peter J. Fluor, great-grandson of company founder John Simon Fluor, is retiring May 6 from the Fluor Corporation Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20210506006188/en/\nPeter J. Fluor retires from Fluor Corporation Board of Directors.
  • \xe2\x80\x9cWe will continue this legacy by applying these same values to the work we do every day at Fluor.
  • For more information, please visit www.fluor.com or follow Fluor on Twitter , LinkedIn , Facebook and YouTube .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210506006188/en/\n'

Mayfair Gold Provides Drilling Update and Announces Completion of Heli-Borne Magnetic Survey at the Fenn-Gib Gold Project, Northern Ontario

Tuesday, May 4, 2021 - 1:00pm

With three drill rigs active, we are currently well on track to achieve our planned 50,000m drill program.\xe2\x80\x9d\nMr.

Key Points: 
  • With three drill rigs active, we are currently well on track to achieve our planned 50,000m drill program.\xe2\x80\x9d\nMr.
  • Evans added: \xe2\x80\x9cWe are also pleased to have completed the first ever heli-borne high-resolution triaxial MAG survey at 75-metre spaced flight lines over both the North and South blocks at Fenn-Gib.
  • Mayfair has contracted a second assay laboratory to improve the turnaround time.
  • Such risks and uncertainties include, but are not limited to, the impact and progression of the COVID-19 pandemic and other factors.

QcX Gold Secures Diamond Drill Rig for Inaugural Drill Program at Golden Giant, James Bay

Tuesday, May 4, 2021 - 11:30am

b'Montreal, Quebec--(Newsfile Corp. - May 4, 2021) - QcX Gold Corp. (TSXV: QCX) (OTCQB: QCXGF) (FSE: 21MA) ("QcX" or the "Company") is pleased to announce that it has secured a diamond drill rig for its upcoming inaugural drill program on the Golden Giant Project in James Bay, Qu\xc3\xa9bec.

Key Points: 
  • b'Montreal, Quebec--(Newsfile Corp. - May 4, 2021) - QcX Gold Corp. (TSXV: QCX) (OTCQB: QCXGF) (FSE: 21MA) ("QcX" or the "Company") is pleased to announce that it has secured a diamond drill rig for its upcoming inaugural drill program on the Golden Giant Project in James Bay, Qu\xc3\xa9bec.
  • Drill hole planning is in the final review stage after compiling information from two geophysical surveys as well as surface exploration data.
  • The QcX team is very excited to see the rig mobilize to site and begin drilling in areas that have previously never seen a drill hole.
  • The Golden Giant Project is located in the James Bay region of Qu\xc3\xa9bec, only 2.9 km away from Azimut Exploration Inc.\'s Patwon discovery on their Elmer gold project.

Fluor Sells AMECO North America to One Equity Partners for $73 Million

Tuesday, May 4, 2021 - 11:54am

b'Fluor Corporation (NYSE: FLR) announced today the divestiture of its North American equipment and fleet services business, AMECO , to One Equity Partners for $73 million.\nThis transaction is another significant step in completing the AMECO divestiture announced by Fluor in September 2019.

Key Points: 
  • b'Fluor Corporation (NYSE: FLR) announced today the divestiture of its North American equipment and fleet services business, AMECO , to One Equity Partners for $73 million.\nThis transaction is another significant step in completing the AMECO divestiture announced by Fluor in September 2019.
  • Fluor had revenue of $15.7 billion in 2020 and is ranked 181 among the Fortune 500 companies.
  • With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 100 years.
  • For more information, please visit www.fluor.com or follow Fluor on Twitter , LinkedIn , Facebook and YouTube .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210504005199/en/\n'

Antler Gold Drills Multiple Shallow Intercepts of Gold, Silver and Copper on Central Erongo Project, Central Namibia and Provides Exploration Update

Monday, May 3, 2021 - 4:20pm

The objective of the program was to delineate drill targets at depth along strike of the historically defined 1.5 kilometres Hakskeen skarniferous zone.

Key Points: 
  • The objective of the program was to delineate drill targets at depth along strike of the historically defined 1.5 kilometres Hakskeen skarniferous zone.
  • The historical gold-in-soil anomaly is spatially coincident with this IP anomaly and the shallow (30 metres deep) historical RC drilling intersected narrow anomalous gold zones.
  • The interpretation of soil sampling results at W3 show gold results to be highly variable with limited gold-in-soil anomalies being identified.
  • Antler is currently focusing its efforts on advancing its Erongo Gold Project, which is located approximately 130 kilometres north-west of Namibia\'s capital city Windhoek.

Kerui Petroleum & Gas Delivered the Desert Drilling Rig Arrived in Libya Smoothly

Friday, April 30, 2021 - 4:19am

b"Recently, a 750 HP desert drilling rig and supporting equipment developed and manufactured by Shandong Kerui Petroleum & Gas Equipment Co., Ltd. arrived in Libya smoothly.

Key Points: 
  • b"Recently, a 750 HP desert drilling rig and supporting equipment developed and manufactured by Shandong Kerui Petroleum & Gas Equipment Co., Ltd. arrived in Libya smoothly.
  • The rig adopts a unique radiator suitable for high temperature desert areas to cool down the hydraulic oil.
  • At the same time, the engine adopts a special air filter to adapt to the desert high temperature and strong sand working environment.
  • Up to now, Kerui has established a complete sales and service network in many major African petroleum producing countries such as Algeria, Ethiopia, Libya and Egypt.