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Wärtsilä wins five-year LNG carrier support deal with TMS

Finnish technology group Wärtsilä has entered into a five-year maintenance and support agreement with Greece-based TMS Cardiff Gas covering two …
Equinor raises Snøhvit Future cost forecast to $2.7bn

Equinor has increased the investment forecast for its Snøhvit Future development in Norway to $2.7bn (Nkr26.5bn) in 2026 value, the …
Valaris secures $220m in contract awards and extensions

Offshore drilling contractor Valaris has reported new contract awards and extensions amounting to an estimated $220m in contract backlog since …
PCEC, PDVSA agree to revive Venezuela’s Delta and Cabimas fields

The Pacific Coast Energy Company (PCEC) has entered into agreements with Petróleos de Venezuela (PDVSA) to manage and develop oilfields …
KBR to deliver engineering services for Aramco’s Marjan field

KBR has received a contract from Aramco to provide engineering and project execution services for upgrades at the Marjan offshore …

Next-generation geothermal: borrowing oil and gas tech for the data centre boom

As Big Tech pushes forward with new data centres, there is a growing need for reliable, clean power. Geothermal has …
Energy Transfer to buy Vaquero Midstream for $2.6bn

US-based Energy Transfer has signed an agreement to acquire Delaware Basin midstream operator Vaquero Midstream in a transaction valued at …
Chevron to sell Hess Midstream stake and DJ Basin assets

Chevron has agreed to divest its ownership interests in Hess Midstream, along with its crude oil midstream assets in the …
ONEOK closes $4.43bn acquisition of Brazos’ Permian assets

US midstream operator ONEOK has completed its previously announced acquisition of Brazos Midstream’s natural gas gathering and processing assets in …
ADNOC agrees LNG supply deal with Thailand’s Gulf Group

The Abu Dhabi National Oil Company (ADNOC) has signed a multi-year sales and purchase agreement (SPA) to supply Thailand’s Gulf Group …
Centalion buys Silver Hill’s Haynesville natural gas assets

Centalion, formerly known as Gunvor, has acquired a portfolio of upstream and midstream natural gas assets in Texas and Louisiana …
Baker Hughes signs agreements to support Venezuela energy rebuild

Baker Hughes has signed two agreements aimed at supporting the redevelopment of Venezuela’s energy infrastructure and expansion of the country’s …
Cenovus Energy to acquire Athabasca Oil in $4bn deal

Canada-based oil sands producer Cenovus Energy has reached a definitive agreement to acquire Athabasca Oil in a cash and stock …
Seatrium wins ninth FSRU conversion project from Karpowership

Seatrium has secured a contract from Karpowership to convert a liquefied natural gas (LNG) carrier into floating storage and regasification …
Namibia approves Eco’s farm-down of three offshore licences to bp

Offshore exploration company Eco (Atlantic) Oil & Gas has obtained the final regulatory clearance needed to complete its farm-down of …