A consortium comprising Nareva, Kanadevia Inova and Itochu Corporation has awarded BUTEC a major Engineering, Procurement and Construction (EPC) contract for Casablanca’s Waste-to-Energy (WtE) project. The consortium is delivering the project under a 33.5-year concession agreement with the Municipality of Casablanca.
Venezuelan interim President Delcy Rodriguez said that a new energy agreement with the US will remain in force for 25 years, targeting crude oil production of more than 1.5 million barrels per day (bpd) while preserving Venezuela’s sovereignty over its natural resources.
Intech has secured a services contract to provide comprehensive maintenance support for critical safety and control infrastructure at a major petrochemical facility in Saudi Arabia.
Netherlands-based offshore vessel motion technology provider NextOcean has secured a contract to supply its WavePredictor motion radar system to ESVAGT’s ESVAGT NJORD Service Operations Vessel (SOV).
More than 70 per cent of operational and upcoming carbon capture facilities globally were associated with energy assets as of June 2026, highlighting the continued role of oil and gas companies in carbon capture, utilisation and storage (CCUS), according to GlobalData.
Mammoet has become the first company in the heavy lifting and transport industry to achieve ISO 19443 certification, strengthening its position in the nuclear power sector as demand grows for next-generation reactor projects.
Global energy leaders will gather in Bangkok from September 14-17, for Gastech 2026, as Asia takes centre stage in efforts to meet rising energy demand while maintaining security, affordability and sustainability.
Spirit Energy has completed a £40 million ($54 million) decommissioning campaign in UK waters, plugging and abandoning three subsea wells while removing more than 234 tonnes of infrastructure. The company said 100 per cent of recovered materials will be reused or recycled at UK yards.
Quaise Energy has secured $180 million in Series B equity financing, bringing total funding to $280 million, including a $35 million investment from Nabors Industries to advance superhot geothermal energy development.
Europe is entering an offshore wind “supremacy phase” as governments move from ambitious targets to project delivery, securing multi-gigawatt development pipelines through redesigned auctions, stronger revenue protections and faster permitting, according to GlobalData.
