United States

Oil & gas and construction news for subcontractors working in United States — 32 stories and counting.

Flowco Closes $113M Lifting Solutions Deal, Adding PCP and Continuous Rod

Flowco Holdings has completed its roughly $113 million cash purchase of Edmonton-based Lifting Solutions Energy Services. The deal adds continuous rod and progressing cavity pump technology for mature wells.

3d ago

Revenue

SED Energy Holdings, Ventura Offshore Plan $1 Billion All-Share Merger

SED Energy Holdings and Ventura Offshore signed a letter of intent for an all-share combination valued at roughly $1 billion, creating a deepwater drilling group with $1.3 billion in contracted backlog, World Oil reports.

Sep 12, 2026

Editorial image: Merger documents overlooking offshore drillship harbor - SED Energy Holdings, Ventura Offshore Plan $1 Billion All-Share Merger

Workforce

Oil and Gas Extraction Jobs Edge Up in August, BLS Data Shows

US oil and gas extraction employment rose from 114,700 in July to 114,900 in August, a rare month-over-month gain that Rigzone notes has only happened three times in the past decade.

Sep 10, 2026

Editorial image: aerial crew staging area, workforce - Oil and Gas Extraction Jobs Edge Up in August, BLS Data Shows

Industry

Army Awards $2.2B for Nuclear Microreactors at Five U.S. Bases

The Army's Project Janus program will pay up to $2.2 billion combined to five companies to build and operate nuclear microreactors at bases in North Carolina, Kentucky, Texas, Georgia and New York, with first power required by September 2028.

Aug 26, 2026

Editorial image: military base nuclear site prep - Army Awards $2.2B for Nuclear Microreactors at Five U.S. Bases

Workforce

GameChange Builds 500-kV Transformer Plant in India for U.S. Buyers

GameChange Energy is building a 300,000-sq-ft factory near Mumbai to produce extra-high-voltage transformers, with 75% of output earmarked for U.S. utilities and developers facing multi-year lead times.

Aug 28, 2026

Revenue

Ensign Energy Posts 7% Revenue Gain in Q2, Canadian Rig Count Slips

Ensign Energy Services reported Q2 2026 revenue of $397.3 million, up 7% year over year, even as its Canadian marketed rig count fell 14% and total marketed rigs dropped to 171, per BOE Report.

Aug 8, 2026

Editorial image: Idle rig beside distant active rig - Ensign Energy Posts 7% Revenue Gain in Q2, Canadian Rig Count Slips

Compliance

Calgary Fleet Operator Pairs ELD Compliance With AI Dash Cams to Cut Collisions

STEP Energy Services layered AI-powered dual-facing dash cams onto its Motive ELD system, cutting safety events by 18% and giving oilfield trucking operations a documented playbook for DOT/CSA compliance and insurance defense.

Aug 3, 2026

Editorial image: compliance general - Calgary Fleet Operator Pairs ELD Compliance With AI Dash Cams to Cut Collisions

Industry

Komatsu, AIM Intelligent Machines Team Up on Autonomous Dozers, Excavators

Komatsu and its subsidiary EARTHBRAIN have partnered with AIM Intelligent Machines to deploy autonomous bulldozers and excavators at US jobsites, with a Japan rollout planned for 2027.

Aug 1, 2026

Industry

DT Midstream's Network 'Lit Up Like a Christmas Tree' as Data Center Gas Demand Builds

DT Midstream says utility-announced data center and large-load opportunities across the MISO and PJM markets could translate to 7.5 Bcf/d of new natural gas demand, with a fresh NEXUS interconnect already commercialized for a data center project.

Jul 31, 2026

Compliance

New Section 301 Tariffs on 60 Trading Partners Add Cost and Compliance Risk for Construction

The Trump administration imposed 10-12.5% tariffs on goods from 60 trading partners under Section 301 forced-labor investigations, adding new material cost and supply chain compliance pressure for construction firms.

Jul 24, 2026

Editorial image: night yard tariff materials inspection - New Section 301 Tariffs on 60 Trading Partners Add Cost and Compliance Risk for Construction

Revenue

Precision Drilling Sees Canadian Rig Demand Jump 22% on Strong Oil Prices

Calgary-based Precision Drilling Corp. reported an 11% revenue increase in Q2 as Canadian drilling activity rose 22% year-over-year, even as its Middle East operations faced conflict-related setbacks.

Jul 29, 2026

Editorial image: Night close-up, Canadian rig machinery - Precision Drilling Sees Canadian Rig Demand Jump 22% on Strong Oil Prices

Industry

SLB Sees Upstream 'Upcycle' Emerging as US Land Activity Improves

SLB executives told investors the oilfield services market is beginning to show upcycle characteristics, with a Q2 rebound in US land activity and deepwater growth expected to accelerate into 2027.

Jul 24, 2026

Editorial image: Night aerial land rig upcycle - SLB Sees Upstream 'Upcycle' Emerging as US Land Activity Improves

Industry

Halliburton's Q2 Revenue Hits $5.7B on North American Stimulation Rebound

Halliburton's second-quarter revenue climbed to $5.7 billion as U.S. land stimulation and well construction activity strengthened, World Oil reports, with the company forecasting continued North American gains through year-end.

Jul 22, 2026

$Editorial image: aerial frac fleet stimulation site - Halliburton's Q2 Revenue Hits $5.7B on North American Stimulation Rebound$

Industry

CGA's 2025 DIRT Data Shows Record-High Utility Dig-In Damages

Common Ground Alliance's 2025 DIRT data shows buried utility damages hit a record high, with failure to call 811 remaining the top root cause.

Jul 20, 2026

Workforce

Bipartisan Senate Bill Targets Highway Work Zone Safety

Senators McCormick and Cortez Masto introduced the Safe Roads for Those Who Serve Act, which would tie infrastructure grant funding to roadside worker safety protections and require state highway worker safety plans.

Apr 2, 2026

Industry

Gas Turbine Supply Crunch Pushes Power Plant Construction Costs to Multi-Year Highs

Gas turbine prices are projected to rise 195% by 2027 as data center demand outpaces manufacturing capacity, stretching delivery times to years and raising costs for gas-fired power plant construction crews.

Apr 9, 2026

Industry

Brookfield, Bloom Energy Scale Fuel Cell Deal to $25B for AI Data Center Power

Brookfield has quintupled its financing framework with Bloom Energy to $25 billion for onsite fuel cell power at AI data centers, pointing to a surge of construction work outside traditional grid interconnection queues.

Jul 10, 2026

Editorial image: Onsite fuel cells powering data center - Brookfield, Bloom Energy Scale Fuel Cell Deal to $25B for AI Data Center Power

Industry

Precision Drilling's AI Maintenance System Cuts Mud Pump Downtime 75%

Precision Drilling and Prescient Devices built an AI-driven predictive maintenance system that cuts mud pump Code-8 downtime by 75% and extends component life 54%, per Drilling Contractor.

Jul 7, 2026

Compliance

What ABC's STEP Safety Data Means for Subs Bidding Against Uncertified Rivals

A new ABC report shows STEP-certified contractors post incident rates 686% better than the industry average, a gap that increasingly shows up in EMR calculations, insurance pricing and GC prequalification scoring.

Jul 7, 2026

Editorial image: Aerial view contrasting safety-briefing organization - What ABC's STEP Safety Data Means for Subs Bidding Against Uncertified Rivals

Revenue

Refiners Post Near-Record Margins as Fuel Markets Stay Tight

According to Bloomberg via Rigzone, US refiner profit margins remain near their highest since 2022, with refineries running at maximum capacity to meet tight gasoline and diesel supplies.

Jul 4, 2026

Industry

Interior Department Proposes Lower Drilling Costs and Looser Methane Rules on Federal Land

The Trump administration's proposed BLM rule changes would cut bonding requirements and ease methane regulations for oil and gas operators on federal land, with major implications for service companies on federal leases.

Jul 1, 2026

Industry

Aecon Buys Out Oaktree's Stake in Utilities Arm for $320 Million

Aecon is acquiring the remaining ownership interest in Aecon Utilities from Oaktree Capital Management for $320 million, moving to full control of its electrical, pipeline, and communications infrastructure business.

Jun 26, 2026

Editorial image: Fleet consolidation, unified operations night - Aecon Buys Out Oaktree's Stake in Utilities Arm for $320 Million

Industry

Hydrogen Damage Is Hiding in Your Equipment: What MI Programs Need to Get Right

Hydrogen-related damage mechanisms are among the most dangerous and least visible threats in process facilities. Here's what maintenance contractors and mechanical integrity programs need to understand across the full asset lifecycle.

Jun 26, 2026

Editorial image: Inspector probing hidden steel damage - Hydrogen Damage Is Hiding in Your Equipment: What MI Programs Need to Get Right

Industry

Nuclear's Global Revival Is Opening New Heavy Industrial Work for Field Services

Nuclear power is gaining momentum worldwide as part of an "all of the above" energy security strategy, and the construction and maintenance work that follows could mean significant new opportunities for specialized field service firms.

Jun 15, 2026

Editorial image: Nuclear containment construction close-up - Nuclear's Global Revival Is Opening New Heavy Industrial Work for Field Services

Industry

Bid-Rigging Is More Common Than You Think, and Regulators Are Watching

Bid-rigging remains a widespread problem in construction procurement, costing taxpayers billions and exposing contractors to serious legal risk. Here's what field operators need to know.

May 26, 2026

Editorial image: Bid envelopes, institutional dusk - Bid-Rigging Is More Common Than You Think, and Regulators Are Watching

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