bp has agreed to sell its non-operated interest in the Bay du Nord project offshore Newfoundland and Labrador, Canada, to Equinor. The transaction is consistent with bp’s continued focus on portfolio simplification and disciplined capital allocation.
Eni Storage Systems has begun building an LFP battery hub in Brindisi, Italy, targeting 16 GWh annual capacity by 2030. The project will support renewable energy storage, grid stability, and Europe’s growing BESS market.
The Government of Fujairah has signed an agreement with Etihad Refinery, a subsidiary of Etihad Energy Holding, to purchase the refinery’s gasoline production, supporting the development of the Emirate’s downstream energy sector.
Fluor Corporation, a leading provider of engineering, procurement, construction and maintenance services, has announced that it has been selected by Saudi oil giant Aramco as a programme management consultancy (PMC) contractor to support its global capital projects portfolio.
Emirates Water and Electricity Company (Ewec) has opened registration for its 20th Clean Energy Certificates (CECs) auction, supporting organisations in verifying their renewable and clean energy consumption as part of the UAE’s energy transition.
Acwa receives Saudi government approval for exclusive exports of green hydrogen derivatives, including green ammonia and methanol, while developing renewable electricity export projects to European and Arab markets.
Adnoc Distribution has signed a definitive agreement to acquire 100 per cent of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings, in a deal with an implied enterprise value of approximately $1 billion before adjustments for net debt and working capital.
TechnipFMC has been awarded a contract by Eni for Baleine Phase 3, a fast-track development project aimed at expanding production from a large hydrocarbon discovery offshore Côte d’Ivoire.
Adnoc has signed a 15-year Sales and Purchase Agreement (SPA) with Japan’s largest exploration and production company, Inpex Corporation, to supply 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from its Ruwais LNG project.
Valvitalia Group has secured a contract worth approximately $30 million to supply valves for the Desert Southwest pipeline, one of the largest energy infrastructure projects currently under development in the southwestern US.
