Contract News
McDermott secures EPCI contract from QatarEnergy LNG
McDermott has secured an engineering, procurement, construction, and installation (EPCI) contract from QatarEnergy LNG.
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Company News
Petrobras and Ecopetrol announce major gas finds in Colombia
Brazil’s Petrobras and Colombia’s Ecopetrol have reported two major gas discoveries in the country’s offshore basins.
Industry News
Eni merges with Ithaca to strengthen UK upstream operations
The arrangement will see Ithaca issuing 635 million shares to Eni, giving the Eni a 38.5% interest in the expanded Ithaca share capital.
Company News
TotalEnergies to reassess UK investments amid windfall tax hike Â
TotalEnergies has signalled a potential reduction in its UK investments in response to the government’s planned increase in windfall taxes.
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Industry News
Investment and equipment issues prompt 9% fall in Venezuela’s oil exports
A series of equipment and investment issues in Venezuela has seen the country’s exports of crude oil fall 9% on the month.
Industry News
TC Energy subsidiary South Bow begins trading on TSX
On Wednesday, TC Energy subsidiary, South Bow Corp., began trading on the Toronto Stock Exchange.
Deal News
ADNOC to buy German chemical company Covestro in $12.9bn dealÂ
ADNOC, though subsidiary ADNOC International, has signed an agreement to acquire German chemical manufacturer Covestro for €11.7bn ($12.92bn). Â
Industry News
Petronas and partners launch programme to reduce methane emissionsÂ
Petronas, in collaboration with key energy sector players, has launched the ASEAN Energy Sector Methane Leadership Programme 2.0 (MLP 2.0).Â
Contract News
Santos signs LNG supply contract with TotalEnergies’ Singapore unitÂ
Australian energy company Santos has entered into a mid-term contract to supply LNG to TotalEnergies Gas & Power Asia.