Such companies include producers of oil and gas, coal miners and miners of. Centurion group is currently majority owned by scf partners with the. With our new partnership, i am confident that we are going to continue to build on our strong foundation. Scf group scf group partners with shell to make the first. Find out what works well at scf from the people who know best. Usl quote united states 12 month oil fund lp bloomberg. The funds market value is affected by investment returns, capital inflow and withdrawals, and exchange rate movements. Gabriel urban chief financial officer taurex drill bits.
We are excited about partnering with scf to build a broad specialty rental company to. Oil and natural gas funds have structural issues that expose investors to a phenomenon called contango, in some cases, the underlying asset can increase in price while the fund loses value. Scf partners scf joins forces with leading oilfield. Gabriel urban chief financial officer at taurex drill bits. Peter is an accomplished fund raiser and is actively involved in his community having served as secretary and chairman of montrose round table, past president and current secretary of montrose burns club. Centurion snaps up valve firm, announces doubling of. Compare pay for popular roles and read about the teams worklife balance. Founded in 1989, scf partners is headquartered in houston, texas with investments administered through calgary and aberdeen. Scfgx a complete international equity individual fund option cl a mutual fund overview by marketwatch. Scf partners acquires titan group and affiliated companies to form taurus industrial group. The funds objective is to have changes in percentage terms of its units net. Scf partners latest investment was score group, plc in dec 2019. Subsequent to the filming of this video, frontier is pleased to have closed on its first acquisition, permian enterprises.
He was group vicepresident for the companys tuboscope and brandt eastern hemisphere operations. Scf group sovcomflot group and china national petroleum. Oil patch group has sold a majority interest to scf partners. Scfgx international equity individual fund option cl a. Pao sovcomflot scf group is one of the worlds leading shipping companies, specialising in the transportation of crude oil, petroleum products, and liquefied gas, as well as servicing offshore upstream oil and gas installations and equipment. Get the inside scoop on jobs, salaries, top office locations, and ceo insights. Scf portfolio companies, centurion group, oil patch group. About united states 12 month oil fund lp united states 12 month oil fund lp is an exchange traded fund incorporated in the usa.
Energyfocused private equity firm scf partners has beaten its target for its eighth investment vehicle, which has close. The hedge fund group sponsors the certified hedge fund professional designation program and maintains a networking association of more than 125,000 hedge fund industry professionals who actively network, partner, and refer resources to each other. The funds objective is to have changes in percentage terms of its. Dec 28, 2012 scf partners new oilfield servicesfocused fund comes at a time when weak natural gas prices and flattolower oil prices are expected to force exploration and production companies in north. The groups fleet comprises 147 vessels with a total deadweight of over.
The combined centurion group will operate from bases in the united kingdom, the united states. Lng will increasingly play a larger role in helping the shipping industry meet new emissions regulations, added wetselaar. The united states oil fund lp uso is an exchangetraded security designed to track the daily price movements of west texas intermediate wti light, sweet crude oil. Come and see the site and domain statistics for such as ip, domain, whois, seo, contents, bounce rate, time on site, social status and website speed and lots more to see. Unit 6 kirkhill commercial park, dyce avenue, dyce, aberdeen, ab21 0lq. Scf partners scf portfolio companies, centurion group. Oil patch provides rental equipment and services to support drilling and completion. Centurion group was also buoyed by a strong performance from the us.
Specially in renting downhole equipment, shortterm and longterm living quarters, water and sewer and production tools and equipment. Oil patch group, site and wts combine to form global energy supply and infrastructure services company. Private equity firms are looking to expand their reach further in the american fracking business, taking advantage of a new opening as wall street pressure forces their. Scf partners new oilfield servicesfocused fund comes at a time when weak natural gas prices and flattolower oil prices are expected to force exploration and production companies in north. Oil patch group, which also operates under the name oil patch downhole services, is located in houston, texas. Scf group partners with shell to make the first global step towards lngfuelled oil tanker industry. Scf group scf group partners with shell to make the. Scf partners scf portfolio companies, centurion group, oil. Colin welsh, international partner at scf partners llc. The fund was formed to take advantage of the current volatility and lower oil price environment that provides ample opportunities to acquire oil and gas projects at attractive valuations.
Falling oil prices are drawing bargain hunters to the oil patch, and few are arriving with more to spend than blackstone group lp. Managing director, scf partners, oilfield services private equity. Scf partners competitors, revenue and employees owler. The government pension fund of norway comprises two entirely separate sovereign wealth funds owned by the government of norway the government pension fund global, also known as the oil fund, was established in 1990 to invest the surplus revenues of the norwegian petroleum sector. We are excited about partnering with scf to build a broad specialty rental company to meet the future needs of our clients. Nyse arca realtime stock quotes, news and financial information from cnbc. Oil patch or the company oil patch is a leading oilfield rental equipment and service company supporting the drilling and completion of oil and gas wells. Scf group is one of russias largest infrastructure companies. Fsenx fidelity select energy portfolio fidelity investments. Aberdeen, scotland, january, 2018 scf partners is pleased to announce the strategic merger of its portfolio companies, centurion group, oil patch group, site energy services and waste treatment solutions, to create a formidable global player in the energy supply and infrastructure services market. Scf partners has a proven track record of helping build strong oilfield companies in the industry including varco, oil states, complete, forum, and rockwater. The decision to work with scf group to power the worlds first lngfuelled aframax crude oil tankers is evidence of shells commitment to lng as a transport fuel.
The companys service suite encompasses accommodations and support services, downhole rental. Scf partners merges four portcos to form new services. The quick guide to uso the uso is a big oil etf, but its far from perfect. A state tax imposed on companies that generate revenues by depleting nonrenewable resources. Uso issues shares that may be purchased and sold on the nyse arca.
The caprock oil and gas fund, lp is an investment fund that was created by caprock risk management. Secondarylinkwhere institutional investors connect to the secondary market for private equity, real estate, hedge funds and other illiquid alternatives. Gabriel urban chief financial officer taurex drill. Please read the funds prospectus carefully before investing. Since 1998 the fund has generated an annual return of 5. The investment objective of usl is for the daily changes in percentage terms of its shares nav to reflect the daily changes in. Private equity poised for oil growth as public companies pull. Uso quote united states oil fund lp bloomberg markets. Scf portfolio companies, centurion group, oil patch group, site and wts. Lucite deal toy marking an investment in oil patch group, which specializes in the rental of drilling equipment and living quarters.
This organization primarily operates in the equipment rental and leasing, nec business industry within the business services sector. The hedge fund group is the fastestgrowing hedge fund organization with members from more than 70 countries and working in every. A leader in the supply of critical rental, infrastructure and support services to the energy industries. The fund s objective is to have changes in percentage terms of its units net. Scf partners funds secondarylink secondary market for. Cic partners is a middlemarket private equity firm that invests in growthoriented companies primarily in the food, restaurant, healthcare and energy industries.
Aberdeen, scotlandbusiness wirescf partners is pleased to announce the strategic merger of its portfolio companies, centurion group, oil patch group, site energy services and waste treatment. Scf partners iii is a liquidated private equity fund that was managed by scf partners. Scf group sovcomflot has signed an agreement with shell western lng b. Aberdeen, scotlandbusiness wire scf partners is pleased to announce the strategic merger of its portfolio companies, centurion group, oil patch group, site energy services and waste treatment. View mutual fund news, mutual fund market and mutual fund interest rates. Aberdeenbased equipmentrental company centurion group ltd. Track all updates of the fund in your activity stream. Scf group sovcomflot has signed an agreement with shell western lng to supply lng to fuel what are claimed to be the first aframax crude oil tankers in the world to be powered by natural gas. Usl issues shares that may be purchased and sold on the nyse arca. Private equity poised for oil growth as public companies. Download a copy of a funds prospectus by clicking one of the following. About united states oil fund lp united states oil fund lp is a delaware limited partnership incorporated in the usa.
According to scfs filing with the sec, 75 limited partners have committed to this vehicle. Analyze the fund fidelity select energy portfolio having symbol fsenx for type mutualfunds and perform research on other mutual funds. Icon oil and gas fund the fund is a publiclyregistered energy offering that has been formed to enable investors to invest directly in working interests in oil and liquidsrich natural gas development wells. News on scf partners premier fullservice tubular goods provider that offers testing and inspection services, threading and bucking services, pipe maintenance and repair services and logistics management to the oil and gas industry. Provider of integrated specialty services to the downstream energy, infrastructure and industrial market. For over 25 years, scf partners has been providing equity capital and strategic growth assistance to build leaders in the energy services, manufacturing and equipment industries that operate throughout the world. Wright fund and was honored with the jones scholar award upon graduation. Apr 27, 2020 about united states oil fund lp united states oil fund lp is a delaware limited partnership incorporated in the usa. Founded in 1989, scf partners scf provides equity capital and strategic growth assistance to build leading energy service and equipment companies that operate throughout the world. It is proposed that sovcomflot will provide assistance to its chinese partners in training maritime specialists, on the basis of utilising scfs vessels, using firstclass corporate training and simulators centres, and the facilities of maritime academies supported by the group. Led recapitalization effort culminating in majority interest sale to scf partners in late 20. Specially in renting downhole equipment, shortterm and longterm living quarters. Full details for top executives at scf partners, including name, position, and email addresses are available as part of its listing in the following downloadable hedge fund lists.
Leading manufacturer of high performance polyethylene. Cic manages the personal capital of its investment team, operating partners and strategic investors and seeks to partner with owneroperators, founders and management teams. The parliament adopts the government pension fund act. Presently, david clarke baldwin occupies the position of copresident of scf partners llc. Score group provides engineering services that includes valve and gas turbine repair services to the oil and gas, nuclear and marine sectors. These are all the companies that scf partners has invested in. Shell for the supply of liquefied natural gas lng to fuel the first aframax crude oil tankers in the world to be powered by lng.
1639 335 1604 1381 1316 1655 145 401 1487 1557 360 1029 1125 1617 463 1513 1368 700 1173 1048 828 59 1170 1539 100 742 960 1437 675 288 848 405 406 761 74 484 348 20 651 402