
McDermott to sell CB&I storage unit to Mason-led consortium for $475m
McDermott International has entered into an agreement to sell its CB&I storage business unit to a consortium led by Mason Capital Management.

McDermott International has entered into an agreement to sell its CB&I storage business unit to a consortium led by Mason Capital Management.

Saudi Arabia is poised to make a multibillion-dollar investment in green hydrogen, with plans to establish a new company.

TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract from BP.

Chevron Canada has signed a definitive agreement to sell its assets in Canada to Canadian Natural Resources for $6.5bn (C$8.86bn).

The company expects its gas trading performance to remain steady, potentially exceeding market expectations.

Eni has secured funding from the UK Government for the Liverpool Bay carbon dioxide (CO₂) transport and storage project.

BP has pulled back from its promise to cut oil and gas output by 40%, as a way to regain the confidence of investors.

Russian president Vladimir Putin has instructed Gazprom to increase domestic gas processing as the nation fights a raft of international sanctions.

Velesto Energy, through its subsidiary, has entered into an MoU with SLB, aimed at enhancing the capabilities of its drilling rigs.

Bapco Upstream has awarded a $288m (BD108.56m) contract to Jereh Oil & Gas Engineering, a unit of the Chinese company Jereh.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.