Expro, an energy services provider, has secured a two-year contract with a major UAE operator to deliver well testing and flowback services for unconventional wells, including surface testing, equipment supply, and operational support.
Saudi Arabia and South Korea signed an MoU to expand oil and gas cooperation, covering petroleum, petrochemicals, crude storage, pipeline infrastructure, technology, and sustainability initiatives, as the two countries seek to strengthen energy security and investment ties.
Oil prices fell in Asia on Monday after the US and Iran announced an agreement that is expected to reopen the key Strait of Hormuz shipping route.
Panasonic Holdings plans to begin mass production of battery cells for data centre applications in the United States by fiscal 2028, positioning itself to benefit from rapidly rising demand driven by artificial intelligence infrastructure expansion.
Small modular reactors (SMRs) are emerging as a key technology in the global shift to low-carbon, secure and flexible energy systems, with capacity forecast to rise roughly sixfold between 2025 and 2030, according to GlobalData
The 71st Global Environment Facility Council in Samarkand approved $232.5 million in new environmental finance and endorsed the $3.9 billion GEF-9 plan for 2026–2030 to scale global climate, biodiversity and adaptation funding.
Mena is emerging as a major global hub for clean industrial investment, with 84 projects worth about $642 billion across clean fuels, fertilisers, steel and aluminium, according to a report by Mission Possible Partnership and the Industrial Transition Accelerator.
Motive Offshore Group has acquired C-Kore, a subsea cable monitoring and integrity technology provider, strengthening its global testing, inspection and certification capabilities.
Downhole Tools International has rebranded as Pragma, marking a strategic shift toward the development and commercialisation of advanced well barrier technologies.
SLB announced that its OneSubsea joint venture has been awarded a contract by bp to provide a subsea boosting system for the Thunder Horse project, a development in the deepwater portion of Gulf of America.
