
TriMas completes Arrow Engine sale to IES, exits O&G sector
TriMas completed the sale of its Arrow Engine business to IES Infrastructure Solutions, marking its exit from the oil and gas market.

TriMas completed the sale of its Arrow Engine business to IES Infrastructure Solutions, marking its exit from the oil and gas market.

The country has vast natural gas reserves which provide a cost-effective feedstock for methanol production.

Reconnaissance Energy Africa (ReconAfrica) has reported significant findings from its Naingopo exploration well situated onshore Namibia.

A Scottish court has overturned the UK government’s approvals for two North Sea oil and gas projects.

NGP Energy Capital Management is reportedly exploring the divestment of Camino Natural Resources, with a valuation that is expected to reach approximately $2bn.

The United Arab Emirates will dominate within the region, accounting for more than half total capacity additions by 2028.

GAIL has reported a substantial rise in its revenue and profits for the nine months ending 31 December 2024.

Halliburton has secured a drilling contract from Petrobras to provide integrated services across various offshore fields in Brazil.

Baker Hughes has secured a contract to supply a modularised LNG system and power island for Venture Global’s LNG projects in the US.

Infinity Natural Resources has successfully raised $265m through its initial public offering (IPO) in the US.
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