Norwegian oil and gas company Equinor and its partners have awarded a subsea umbilicals, risers, and flowlines contract to Ocean Installer.
Coral Energy has bought out the company after acquiring the remaining 40% stake from the founder, reported Reuters, citing sources.
Siemens Energy is set to build two gas-fired power plants in Saudi Arabia.
Mexico’s Olmeca oil refinery is unlikely to be able to produce commercial quantities of fuels by the end of this year, say Pemex sources.
Indonesia Energy Corporation (IEC) has initiated new 3D seismic exploratory operations at its Kruh Block, spanning 63,000 acres.
The European Union is not fully prepared for a future natural gas supply crisis, according to research by the European Court of Auditors.
Petro-Victory Energy has signed option agreement with Azevedo Travassos Petroleo (ATP) for the development of oil concessions in Brazil’s Potiguar Basin.
Global Infrastructure Partners (GIP) and Italy’s Snam are considering the sale of their respective stakes in Abu Dhabi National Oil Company’s (Adnoc) gas pipeline unit, reported Bloomberg News.
Kinetik has concluded the acquisition of Durango Permian, marking a significant expansion in the Northern Delaware Basin in the US.
Polish refiner Orlen Group has agreed to acquire a 20% stake in the Atlantis field on Norwegian Continental Shelf from Source Energy.
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