Category: Industry News

The UK’s Competition and Markets Authority (CMA) has said that SLB’s proposed $8bn acquisition of ChampionX may significantly reduce competition.

TotalEnergies, along with partners Equinor and Shell, has reached the final investment decision (FID) for the second phase of the Northern Lights Carbon Capture and Storage (CCS) project in Norway.

Global commodities trader Vitol is considering the sale of its VTX Energy Partners division, a US shale oil and gas producer.

Glenfarne Alaska LNG, an affiliate of Glenfarne Group, has become the majority owner and lead developer of the Alaska LNG project, the only federally permitted LNG export project on the US Pacific Coast.

NEO Energy has announced a strategic merger with Repsol Resources UK, with the combined group forming a new entity named NEO NEXT Energy.

Excelerate Energy has announced a definitive agreement to acquire New Fortress Energy’s downstream LNG and power infrastructure business in Jamaica for $1.06bn in cash.

DNO, a Norwegian oil and gas operator, has reported oil and gas discovery in the northern North Sea license PL1182 S, where it holds a 40% operated interest.

LN Energy has agreed to acquire the entire outstanding issued share capital of LNEnergy S.r.l., the Italian company holding a 90% interest in the Colle Santo gas field in Italy’s Abruzzo region.

McDermott has been selected by Shell Global Solutions International for an Enterprise Framework Agreement (EFA) covering engineering and procurement services.

Baker Hughes has announced a multi-year contract with Dubai Petroleum Establishment (DPE), on behalf of Dubai Supply Authority (DUSUP), to deliver integrated coiled-tubing drilling services for the Margham Gas storage project in Duabi.