
Ashtead Technology to acquire Seatronics and J2 Subsea for $82m
Ashtead Technology has agreed to acquire Seascan and J2 Subsea, from Acteon Group for £63 million ($81.6 million).

Ashtead Technology has agreed to acquire Seascan and J2 Subsea, from Acteon Group for £63 million ($81.6 million).

LNG company MidOcean Energy has acquired an additional 15% interest in Peru LNG (PLNG) in South America from the US-based Hunt Oil Company.

The US Federal Energy Regulatory Commission has granted ExxonMobil and Qatar Energy’s Golden Pass LNG Terminal a three-year extension.

Volt Lithium has produced 99.5% battery-grade lithium carbonate from oilfield brine in the Permian Basin, West Texas, using its direct lithium extraction (DLE) technology.

Saipem and Hera Group’s collaborative CO₂ capture project in Italy has been selected to receive nearly €24m funding.

Pemex, has set its sights on increasing hydrocarbon reserves and ensuring their restitution under the administration of new president.

Equinor has said the country’s largest oilfield, Johan Sverdrup, will start to see a decline in production next year.

Offshore drilling is set to start at Galp Energia’s Mopane site in Namibia using Saipem’s drillship arriving at the site on 23 October.

Trafigura, a Commodity company has acquired a 50% stake in Meroil Tank from Spanish company Meril following regulatory approvals.

SEFE, the state-owned German gas company, has entered into a ten-year agreement with US-based ConocoPhillips for the supply of natural gas.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.