Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

K Line delivers second LNG carrier to Petronas LNG

Wed, 01 Jul 2026

Kawasaki Kisen Kaisha (K Line) announced the delivery of its second new LNG carrier, Puteri Kedah, to Petronas LNG on June 30, 2026 at Hudong-Zhonghua Shipbuilding in China.

Energy, Oil & Gas

EDF, Marubeni, Acwa, Masdar in race for 12,000 MWh Saudi BESS projects

Wed, 01 Jul 2026

The Saudi Power Procurement Company (Principal Buyer) has prequalified 27 leading developers including global utility majors EDF, Kepco and Marubeni as well as regional heavyweights Masdar and Acwa for its second group of Battery Energy Storage System (BESS) projects with a total capacity of 12,000 MWh.

Energy, Oil & Gas

Flowserve completes $490m acquisition of Trillium Flow Technologies’ Valves Division

Wed, 01 Jul 2026

Flowserve Corporation (FLS), a provider of flow control products and services, has completed its all-cash acquisition of Trillium Flow Technologies’ Valves Division (TVD) for $490 million, plus working capital adjustments.

Energy, Oil & Gas

Shell Offshore sells Gulf of America assets for $1.7bn

Wed, 01 Jul 2026

Shell Offshore has agreed to sell its 50 per cent stake in the Na Kika platform and associated Gulf of America fields, along with the Coulomb tieback, to Talos Energy and Ridgewood Energy subsidiaries for $1.7 billion.

Energy, Oil & Gas

DNV validates BRIZO floating solar for challenging wave conditions

Wed, 01 Jul 2026

DNV, the independent energy expert and assurance provider, has completed an independent technical review of Fred Olsen 1848’s BRIZO floating solar system, an innovative floating photovoltaic (FPV) technology designed to operate in more challenging wave conditions than conventional floating solar platforms.

Energy, Oil & Gas

Siemens Energy to supply technology for Oman’s 2.6 GW power projects

Wed, 01 Jul 2026

Siemens Energy will supply six gas turbines, six generators and 20-year maintenance services for Oman’s Misfah and Duqm IPP projects, adding nearly 2.6 GW of capacity, increasing national electricity generation by almost 20% and serving more than 2 million people.

Energy, Oil & Gas

TA’ZIZ, Covestro and XRG mull world-scale MDI plant in Ruwais

Wed, 01 Jul 2026

TA’ZIZ, a joint venture between ADNOC and ADQ, has announced the launch of a joint feasibility study with Covestro and XRG to assess the development of a world-scale methylene diphenyl diisocyanate (MDI) plant at the TA’ZIZ Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi.

Energy, Oil & Gas

Qatar awards $604m contracts for power grid expansion

Tue, 30 Jun 2026

Qatar General Electricity and Water Corporation (Kahramaa) has awarded contracts worth more than QR2.2 billion ($604 million) to expand the electricity transmission network in the country's western region as it prepares to integrate power from the Dukhan solar project into the national grid.

Energy, Oil & Gas

EDF Power Solutions, Oman sign key renewable energy, digital infra deals

Tue, 30 Jun 2026

France's EDF Power Solutions and Oman have strengthened strategic energy cooperation through three key renewable energy and energy storage agreements.

Energy, Oil & Gas

QatarEnergy signs commercial discovery for Cyprus Block 10

Tue, 30 Jun 2026

QatarEnergy has signed a commercial discovery declaration for the Glaucus and Pegasus fields in Block 10, offshore Cyprus, as well as a collaboration statement, together with the Government of Cyprus and ExxonMobil.