Elsewedy Electric, a leading integrated provider of energy and infrastructure solutions across Europe, the Middle East, and Africa, has announced the acquisition of a 60% majority stake in UAE-based Thomassen Service, a specialised provider of gas turbine maintenance and repair services.
Norwegian oil and gas operator DNO ASA has announced that the boards of DNO, DNO Bidco AS and UK-based Capricorn Energy have agreed to revise the terms of its proposed acquisition of Capricorn, with shareholders now set to receive the full acquisition value in cash.
The Sharjah Electricity, Water and Gas Authority (Sewa) has announced that 90% of the work has been completed on a water distribution network project in Rawdat Al Qarat. The project, which will come up over a 34km area, is due for completion in November.
XRG, ADNOC and Securing Energy for Europe (SEFE) have signed a Memorandum of Understanding to explore cooperation across the natural gas and LNG value chains, supporting reliable and competitively priced energy supplies for Germany and Europe.
Governments should take practical steps to strengthen natural gas supply security as global markets become increasingly interconnected, volatile and vulnerable to geopolitical disruptions, according to a new report from the International Energy Agency (IEA).
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.
Sharjah Electricity, Water and Gas Authority (Sewa) is implementing a package of projects that will see the upgrade of its natural gas network across the emirate. These include the Al Hamah Gas Transmission Line Project, Al Muwardah 6 and Al Qutaina 3 Gas projects.
Germany’s gas storage facilities are at their lowest level for this time of year since records began in 2011, according to gas storage group INES.
Italy’s natural gas storage has reached 79.78 per cent, or around 162.3 TWh, more than two months ahead of the October 31 deadline, according to Gas Infrastructure Europe (GIE). However, inventories remain below last year’s level of 85.56 per cent.
Shell has agreed to sell BG Cyprus to MOL Group for up to $720 million, covering its 35 per cent stake in Cyprus Offshore Block 12’s Aphrodite gas field, with produced gas expected to be supplied to Egypt’s Egyptian Natural Gas Holding Company.
