Contract News
Baker Hughes to supply Petrobras with 77km of flexible pipe systems
Baker Hughes has secured contracts with Petrobras to supply flexible pipe systems, set to be deployed across Brazil’s pre-salt fields.
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Company News
1PointFive and Enterprise to develop COâ‚‚Â transportation network in Texas
1PointFive has signed an agreement with Enterprise Products Partners to establish a carbon dioxide transportation network.
Company News
Eni and BP resume oil exploration in Libya
Eni and BP have resumed exploration activities in Libya, with drilling operations underway in the Ghadames Basin.
Company News
Saudi Aramco’s Wa’ed Ventures commits $100m to AI startups
Saudi Aramco’s, Wa’ed Ventures, has allocated $100m to invest in AI startups, to become a leading player in the global AI landscape.
Industry News
New Mexico oil drilling restrictions could curb output
A recent study in New Mexico has revealed that potential drilling restrictions could reduce the state’s future crude output by up to 5.4%.
Contract News
TotalEnergies awards second Angolan OBN survey to Shearwater
Shearwater Geoservices, has been awarded its second ocean-bottom node (OBN) survey project by TotalEnergies in Angola.
Deal News
Blackstone to buy stakes in EQT US interstate gas pipelines for $3.5bn
Blackstone is in advanced negotiations to acquire minority stakes in EQT’s interstate natural gas pipelines for an estimated $3.5bn.
Industry News
UK and Australia working together on energy transition goals
The UK and Australia will work together to pursue their individual energy transition goals, according to a statement from both governments.
Company News
Epsilon Energy expands footprint in Alberta, Canada, with two new JVs
Epsilon Energy has signed definitive agreements to form two joint ventures (JVs) in the Garrington and Harmattan areas of Alberta, Canada.
Company News
KKR to buy 25% stake in Eni’s biofuel business Enilive
US fund KKR has signed an agreement to acquire a 25% stake in Italy’s Eni’s biofuel subsidiary, Enilive for €2.93bn.