Special reports

ChampionX Corporation has announced it has completed the acquisition of RMSpumptools, a designer and manufacturer of highly engineered mechanical and electrical solutions for complex artificial lift applications.

DNV has validated the methodology developed and used by Carbon8, an innovative cleantech company specialising in helping hard-to-abate industries reduce carbon emissions and landfilling of thermal residues.

Interocean Marine Services (Interocean) has announced its expansion into new Aberdeen and Glasgow premises, reinforcing significant growth for the maritime experts.

Abu Dhabi National Oil Company has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a US$3 billion (AED11 billion) green financing facility.

The company has announced the appointment of Khaled Wareth as Paradigm Drilling Services Country Manager for Saudi Arabia, in response to the heightened demand for the company’s drilling tools within the Middle East region.

AGR have been awarded a frame agreement contract with Repsol Norge for the provision of specialist workforce to the operator’s onshore and offshore Norway operations.

The Danish Ministry of Climate, Energy and Utilities has awarded Wintershall Dea with the operatorship for the Greenstore CO2 storage licence in Jutland. The company has developed an ambitious future work programme to establish the CO2 storage together with its partners INEOS Energy Denmark and Nordsøfonden.

ONGC and Indian Oil Corporation has signed a memorandum of understanding (MoU) to establish a small-scale liquefied natural gas (LNG) plant near the Hatta Gas Field in the Vindhyan Basin.

Vallourec has signed with the National Oil Company of Abu Dhabi a two-year extension to the 2019 contract originally worth US$ 900 million. This extension will take effect in January 2025 and will last up to January 2027.

Technip Energies, through its joint-venture TKJV LLP with KPSP, has announced the signing of a long-term services frame agreement with Karachaganak Petroleum Operating B.V. (KPO) for the development of the Karachaganak Field, located in northwest Kazakhstan near Aksai.

TotalEnergies has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP B.V. to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for a consideration of US$259 million.

Petrobras and Shearwater have signed a memorandum of understanding (MOU) for joint development and execution of scientific research and technology innovation within seismic processing and acquisition focused on data quality, value and acquisition efficiency.

Matador Resources has announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, including certain oil and natural gas producing properties and undeveloped acreage located in Lea County, New Mexico and Loving and Winkler Counties, Texas.

Sintana Energy has closed its previously announced acquisition of an initial 49 % interest in Giraffe Energy Investments, pursuant to a definitive agreement dated effective April 24 2024, with Crown Energy and Giraffe.

Removing the ban on petroleum exploration beyond onshore Taranaki is part of a suite of proposed amendments to the Crown Minerals Act to deal with the energy security challenges posed by rapidly declining natural gas reserves, Resources Minister Shane Jones says.