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U.S. Well Services and EQT Finalize Long-Term Electric Fracturing Contracts

2021-01-13 15:43:01| OGI

U.S. Well Services Inc. has executed two contracts on Jan. 13 to expand its electric fracturing services for EQT Corp.

Tags: services electric contracts finalize

 

Oceaneering Bags Contracts Worth Over $250 Million

2021-01-07 15:40:50| OGI

Oceaneering International Inc. said Jan. 6 that, since the beginning of the fourth quarter 2020, it has won multiple significant contracts for its Integrity Management and Digital Solutions (IMDS) segment. 

Tags: million worth bags contracts

 
 

HENDERSON Implements Data Gumbo Smart Contracts

2020-12-02 15:44:40| OGI

This is the oil and gas industrys first use of blockchain-based smart contracts between capital equipment sales, services, repair and maintenance operations, and signals a new avenue in oilfield services tapping the power of GumboNet. 

Tags: data smart contracts henderson

 

Oilfield Contracts: Knock-for-Knock Agreements

2020-11-25 16:00:00| OGI

E&Ps must allocate risk carefully when drafting contracts, with indemnities in particular demanding careful definition and enforcement.

Tags: contracts agreements oilfield

 

Williams Restructures Midstream Contracts with Bankrupt Chesapeake

2020-11-23 15:06:55| OGI

Pipeline operator Williams Companies Inc. said on Nov. 23 it will take ownership of some of Chesapeake Energy Corps assets in exchange for accepting lower gas gathering fees from the bankrupt shale producer.

Tags: williams contracts chesapeake bankrupt

 

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