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Superior seeks to expand its international footprint through the acquisition, which is reportedly valued at $1.2 billion.
By acquiring 100% of Ventura’s outstanding shares, SED Energy Holdings would scale its business into a combined $1 billion company backed by a $1.3 billion contract backlog focused on deepwater drilling, shallow-water tender rigs, and seismic acquisition.
Considering three different climate pathways, the analysis says holding global temperature rise to 2°C by the end of the century remains possible, though increasingly challenging.
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JPT Drilling and Hydraulic Fracturing Technology Review

Bold ideas, big impact. Creative thinking is reshaping unconventional development and cutting costs. Read more here.

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