Europe in talks to maintain gas flow via Russia-Ukraine pipeline amidst war
Bloomberg reports on discussions to ensure the continuity of gas supply through a crucial Russia-Ukraine pipeline.
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Eni divests 10% stake in Saipem for €393 million
Following the transaction, Eni's holding in Saipem has been reduced to approximately 21.19%.
Voith Group reports increase in orders received, profitability and cash flow
Increase in orders received, profitability and cash flow – Voith Group gets off to a good start in fiscal year 2023/24.
Wood Mackenzie: Higher LNG prices to limit Asian demand and turbocharge European gas storage levels
Gas storage could hit 100% by end of September according to Wood Mackenzie report.
Westwood: High impact exploration average discovery size declines and finding costs increase for the fifth consecutive year
High impact exploration has seen average discovery sizes decline year on year from nearly 500 million boe in 2019 to 220 million boe in 2023 whilst overall finding costs have gone up by a factor of six in the same period.
DNV stresses the importance of industry collaboration and trust for digital twins
DNV reveals that better collaboration and confidence in the energy sector is essential for digital twins to deliver significant benefits in the energy transition.
Subsea demand drives growth at Express Engineering
Express Engineering sees strong upturn in sales.
WINGAS renamed to SEFE Energy
WINGAS GmbH has officially renamed to become SEFE Energy GmbH.
Gasunie chooses Mokveld zero emission control valve to support climate goals
The Zero emission valve is suitable for natural gas, hydrogen, carbon dioxide and other future fluids.
Azerbaijan and Kazakhstan in talks to boost Kazakh oil transit
Kazakhstan is actively seeking to diversify its energy export routes to lessen its dependence on Russian pipelines says GlobalData.
Sinopec unit agrees to build gas pipelines for Saudi Aramco
A Sinopec service unit has signed a US$1.10 billion deal to build natural gas pipelines for Saudi state oil company, Aramco, says Reuters.
Blackline Safety secures contract at CAN$8.5 million
As Blackline’s largest contract to date, it enables a major North American midstream company to expand safety protection for all its nearly 2000 workers.
Fulkrum awarded a frame agreement to support Woodside’s US New Energy projects
The frame agreement is for the provision of third-party inspection services to Woodside's New Energy projects in the US, including its proposed liquid hydrogen project, H2OK.
LNG regasification will dominate China’s upcoming midstream projects, finds GlobalData
GlobalData’s latest report reveals the LNG regasification segment is set to account for about 47% of the midstream projects starting between 2024 and 2028 in China.
DNV and PETRONAS CCS Ventures collaborate on CCS value chains across Southeast Asia
DNV and PETRONAS subsidiary have signed a Master Price Agreement for the certification of CO2 storage sites and CCS projects in Malaysia.