Energy Transition
News
April 10, 2025
The equity investment into Kimmeridge's SoTex HoldCo marks Mubadala Energy's U.S. market entry and ambitious expansion strategy. Kimmeridge's highly scalable upstream gas and LNG business comprises currently producing upstream gas assets and a pre-FID LNG project.
News
April 07, 2025
Woodside has entered into a binding agreement with Stonepeak for the sale of a 40% interest in Louisiana LNG Infrastructure LLC. The transaction significantly reduces Woodside’s capex profile and is a step towards readiness for a final investment decision.
News
April 03, 2025
TIPRO has published a new report highlighting the continued success of oil and natural gas producers in the U.S., Permian basin and Texas in maintaining low emissions despite record oil and gas production levels. The report is part of TIPRO's "Texans for Natural Gas" campaign.
News
April 01, 2025
Specialist drilling waste management company, TWMA*, has secured a three-year contract with TotalEnergies UK for its renowned drilling waste management services, marking the continuation of a long-term relationship between the two companies.
News
April 01, 2025
Eiffage, through Smulders (Eiffage Métal’s Belgian subsidiary), has signed an agreement to acquire 100% of HSM Offshore Energy. The combination of the two companies will strengthen their efficiency and their capacity to deliver large offshore projects.
News
March 31, 2025
Subsea 7 S.A. today announced the award of a sizeable contract by Equinor as technical service provider (TSP) for the Northern Lights Phase 2 project, offshore Norway. The scope includes engineering, procurement, construction and installation of a five-kilometer CO2 pipeline.
News
March 27, 2025
TotalEnergies and its partners, Equinor and Shell, announce the Final Investment Decision (FID) of the second phase of the Northern Lights development, which will increase the project transport and storage capacity from 1.5 million to more than 5 million tons of CO2 per year from 2028.
News
March 26, 2025
Baker Hughes announced Wednesday a multi-year contract with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to provide integrated coiled-tubing drilling services for the company’s Margham Gas storage project.
News
March 26, 2025
The addition of the Nguya floating liquefied natural gas (FLNG) vessel is part of the second phase of the Eni-operated Congo LNG project and is expected to increase the project’s production capacity by 2.4 million tons per annum (MMtpa).
News
March 25, 2025
India’s largest explorer Oil and Natural Gas Corp. is seeking to diversify its portfolio to shield its core business from volatile oil prices, said Arunangshu Sarkar, director for strategy at the state-run giant.
News
March 25, 2025
Société Nationale des Pétroles du Congo (SNPC) has outlined its forthcoming Gas Master Plan (GMP) designed to promote gas utilization and attract foreign investment while reducing dependency on oil revenues and expanding the country’s power grid.
News
March 25, 2025
Kent will provide strategic advisory and engineering services for the UK government’s Department for Energy Security & Net Zero (DESNZ) ENZPS Framework, as part of a framework agreement valued at up to £250 million (approx. $324 million USD).
News
March 24, 2025
Iraq is in talks with several companies to secure two floating storage regasification units (FSRUs) by early June, as OPEC’s second-biggest producer tries to address power shortages caused by a U.S. move against Iran.
News
March 24, 2025
Shell will update its strategy on Tuesday, just a month after rival bp unveiled a fundamental “reset.” Analysts and investors will be looking for plans for growth at the company’s crucial liquefied natural gas business and reassurance on oil reserves.
News
March 20, 2025
Climate activist Follow This is calling for investors in bp Plc to vote against the reappointment of Chairman Helge Lund at next month’s annual general meeting, in a public rebuke to the company’s recent pivot back toward oil and gas.
News
March 19, 2025
An analysis previously done by the U.S. Department of Energy that concluded only minor impact from increased LNG exports has now come to light, likely increasing criticism that Biden’s export pause was politically motivated.
News
March 19, 2025
Vitol will acquire stakes in projects in Ivory Coast and the Republic of Congo for at least $1.65 billion, according to a statement on Wednesday. The deal deepens the company’s longstanding relationship with Eni in West Africa.
News
March 18, 2025
OLT Offshore LNG Toscana has announced that its floating regasification terminal "FSRU Toscana" will be in operation until the end of 2044, following a successful extension of the useful life of the Terminal in 2024.
News
March 18, 2025
The American Petroleum Institute today joined over 100 other trade groups representing a wide range of stakeholders in sending a letter to House and Senate leadership welcoming U.S. Congress’ efforts to protect consumers and reverse California’s harmful vehicle mandates.
News
March 17, 2025
Cheniere Energy reached substantial completion of Train 1 at the Corpus Christi Stage 3 Liquefaction Project (CCL Stage 3) on March 16, 2025. CCL Stage 3 consists of seven midscale trains, with an expected total production capacity of over 10 MMtpa of LNG.
News
March 17, 2025
Baker Hughes and NextDecade have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor technology to perform maintenance work for Trains 4 through 8 at the Rio Grande LNG Facility.
