Industry News
GlobalData reveals top M&A financial and legal advisers in oil and gas
GlobalData announces latest Financial and Legal Adviser League Tables, which rank the advisers by the total value and volume of M&A deals.
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Industry News
South Sudan will start pumping oil via Sudan again soon
South Sudan will soon resume pumping export-bound crude oil via neighbouring Sudan, revealed a representative of the Sudanese government.
Company News
Petrobras plans to increase Tupi oilfield production to one million bpd by 2027
Petrobras plans to increase Tupi oilfield production to one million barrels per day (bpd) by 2027 through new investments in the asset.
Company News
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).
Company News
MidOcean Energy acquires additional 15% stake in Peru LNG from Hunt Oil
LNG company MidOcean Energy has acquired an additional 15% interest in Peru LNG (PLNG) in South America from the US-based Hunt Oil Company.
Company News
Exxon and Qatar Energy JV granted three-year extension for Texas LNG plant
The US Federal Energy Regulatory Commission has granted ExxonMobil and Qatar Energy’s Golden Pass LNG Terminal a three-year extension.
Industry News
Volt Lithium produces 99.5% battery-grade lithium carbonate from oilfield brine
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.
Industry News
EU Innovation Fund grants $25.8m to Hera and Saipem’s CO₂ capture project in Italy
Saipem and Hera Group’s collaborative CO₂ capture project in Italy has been selected to receive nearly €24m funding.
Company News
Pemex targets hydrocarbon reserves boost in Mexico
Pemex, has set its sights on increasing hydrocarbon reserves and ensuring their restitution under the administration of new president.
Industry News
Johan Sverdrup oil production to start to decline in 2025
Equinor has said the country’s largest oilfield, Johan Sverdrup, will start to see a decline in production next year.