Oilfield Production Chemicals News

Hoover Container Solutions has entered into an agreement to partner with First Reserve, the largest global private equity firm exclusively focused on energy. Financial terms of the transaction were not disclosed. One of the global industry leaders in oilfield fluids container solutions, Hoover operates worldwide through 15 facilities in North and South America, Europe, Australia, the Middle East and Southeast Asia. The company has a rental fleet of approximately 40,000 stainless steel intermediate bulk containers (IBCs)…

Specialist oilfield production chemicals company Champion Technologies has secured its first deepwater chemical management services contract in West Africa in an eight-figure deal over five years. The work involves a full suite of chemicals and associated support services for Noble Energy’s Aseng Field Development project in Equatorial Guinea, West Africa . The company plans to build a base in Luba’s Freeport Zone which will include office space, a fit-for-purpose laboratory, warehouse, and a blending facility. “This is a significant contact award for Champion Technologies.