Latest Headlines
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Water Professionals Encouraged To Take Action For Change
5/12/2025
Water sector professionals need to use their expertise “to be the agents for change”.
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KROHNE Showcases Safety Innovations In Variable Area Flowmeter Technology For Critical Industrial Applications
5/9/2025
KROHNE, a global leader in measurement solutions for the process industries, is proud to highlight advancements in its Variable Area (VA) Flowmeter technology. With over a century of expertise, KROHNE continues to drive innovation by incorporating cutting-edge features that enhance functional safety, application diagnostics, and operational efficiency across industries.
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BKV And Copenhagen Infrastructure Partners Announce Strategic Carbon Capture Joint Venture With Up To $500M Investment
5/8/2025
BKV Corporation (“BKV” or the “Company”) today announced the formation of a strategic joint venture (the “JV”) between BKV dCarbon Ventures, LLC (“dCarbon Ventures”), BKV’s wholly-owned subsidiary, and Copenhagen Infrastructure Partners (“CIP”), on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization and sequestration (“CCUS”) projects.
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NearZero FPSO Design From SBM Offshore Gets Approval From ABS
5/7/2025
ABS issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit.
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Permian Resources Announces Strong First Quarter 2025 Results, Revised 2025 Guidance And Strategic Bolt-On Acquisition Of Core Northern Delaware Basin Assets
5/7/2025
Permian Resources Corporation (“Permian Resources” or the “Company”) today announced its first quarter 2025 financial and operational results, revised full year 2025 guidance and a strategic Northern Delaware Basin bolt-on acquisition.
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Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, And Oman Reaffirm Commitment To Market Stability On Current Healthy Oil Market Fundamentals And Adjust Production Upward
5/6/2025
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 3 May 2025, to review global market conditions and outlook.
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Makes FID On Maromba Field Development In Brazil
5/5/2025
BW Energy is pleased to announce the final investment decision (FID) for the Maromba development offshore Brazil based on a capex-efficient development with an integrated drilling and wellhead platform (WHP) and a refurbished FPSO.
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Valaris Announces Contract Award For Drillship VALARIS DS-15
5/5/2025
Valaris Limited (“Valaris” or the “Company”) announced today that it has been awarded a five-well contract offshore West Africa for drillship VALARIS DS-15. The contract is expected to commence in the third quarter 2026.
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ADNOC Gas Announces Q1 Net Income Of $1.27B, Up 7% Year On Year, Significantly Exceeding Market Expectations
5/5/2025
ADNOC Gas plc and its subsidiaries (together referred to as "ADNOC Gas" or the "Company") (ADX: ADNOCGAS) (ISIN: AEE01195A234), a world-class integrated gas processing and sales company, today announced net income of $1.27 billion and EBITDA of $2.16 billion for the first quarter of 2025, exceeding the equivalent quarter in 2024 by 7% and 4% respectively.
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Subsea7 Awarded 'Super-Major' Contract Offshore Brazil
5/2/2025
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a super-major contract1 by Petrobras, after winning a competitive tender, for the development of the Búzios 11 field located approximately 180 kilometres off the coast of the state of Rio de Janeiro, Brazil, at 2,000 metres water depth in the pre-salt Santos basin.