Clearwater Analytics is introducing CWAN Power and Gas, a new set of risk management capabilities within Beacon by CWAN designed to replace “black-box” systems in the energy trading industry.
The Integrated Gas Company (IGC), the national gas aggregator of Oman, has approved the transfer of the BP Block 61 Ghazeer Gas Export Pipeline (Phase 2) to OQ Gas Networks, following a comprehensive technical and commercial review of its proposal.
SLB has secured a five-year Aramco contract to provide stimulation, well intervention, frac automation, and digital services for Saudi Arabia’s unconventional gas fields. As part of a multi-billion-dollar programme, it supports Saudi Arabia's energy diversification and global energy transition goals.
Dana Gas announced a major gas discovery at the North El-Basant 1 well in Egypt’s onshore Nile Delta. Initial results estimate 15–25 bcf of reserves, with production expected to surpass 8 mmscfd once the well is linked to the national gas network.
BP, Woodside Energy and Chevron led the first US Gulf of Mexico oil and gas lease sale since 2023, securing top bids in an auction raising $279.4 million—about $100 million less than 2023—yet achieving the highest per-acre bids since 2017, according to Reuters analysis findings.
The NNPC/Heirs Energies OML 17 Joint Venture advanced Nigeria’s gas commercialisation and environmental goals with the signing of Gas Flare Commercialisation Agreements under the Nigerian Gas Flare Commercialisation Programme (NGFCP) and approved Non-NGFCP frameworks.
The Egyptian Ministry of Petroleum announced a new natural gas discovery in the Badr-15 area, yielding 16 million cubic feet per day. This find is expected to add approximately 15 billion cubic feet to reserves from the Lower Bahariya reservoir.
Suhail Al Mazrouei, Minister of Energy and Infrastructure, affirmed that the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) continues to grow and evolve in both the quality of participation and the diversity of discussions, with artificial intelligence (AI) and advanced technology emerging as central themes.
Equinor and the Capital City of Prague’s gas and electricity company Pražská plynárenská have signed a long-term agreement for 10 years of gas supplies into the Czech Republic. Deliveries have started and will last until 2035.
South Africa’s Minister of Mineral and Petroleum Resources Gwede Mantashe announced that the country is fast-tracking domestic gas development and LNG import projects to mitigate a supply shortfall from Mozambique.
