Category: Energy Industry News

VAALCO Energy completes acquisition of Svenska Petroleum Exploration

businessnewstoday- May 1, 2024

VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY), a notable player in the global energy sector, has successfully completed the acquisition of Svenska Petroleum Exploration AB, ... Read More

RAB Microfluidics bags contract to enhance maritime operations with autonomous oil monitoring

businessnewstoday- May 1, 2024

RAB Microfluidics, a pioneer in advanced diagnostics technology, has successfully secured a significant contract worth £750,000 with a global energy leader to develop an autonomous ... Read More

Norway advances carbon capture with strategic CO2 storage initiative

businessnewstoday- May 1, 2024

The Norwegian government is proactively fostering socio-economically viable storage of carbon dioxide (CO2) on the Norwegian continental shelf, enabling industries with substantial emissions to opt ... Read More

Major green hydrogen project advances in Oman with Actis and Fortescue consortium

businessnewstoday- May 1, 2024

In a significant move for green energy, a consortium led by Actis, a leader in sustainable infrastructure investments, and Fortescue, a global force in integrated ... Read More

TAQA unveils Threlix downhole tool to enhance drilling efficiency

businessnewstoday- May 1, 2024

Industrialization & Energy Services Company TAQA continues to innovate in the oil and gas industry with its commercial launch of Threlix, a patented technology designed ... Read More

Eurobank signs agreement with Lightsource bp subsidiary to finance one of Europe’s largest solar projects

businessnewstoday- May 1, 2024

Eurobank A.E. has entered into a substantial financing agreement with Enipeas Single-Member S.A., a subsidiary of Lightsource bp, marking a significant investment in renewable energy ... Read More

Aker Solutions secures EPCIC contract from Equinor for Mongstad Refinery upgrades

businessnewstoday- May 1, 2024

Aker Solutions ASA has been awarded a substantial Engineering, Procurement, Construction, Installation, and Commissioning (EPCIC) contract by Equinor, valued between NOK 2.5 billion and NOK ... Read More

Plant Vogtle Unit 4 begins commercial operation to enhance Georgia’s clean energy capacity

businessnewstoday- April 30, 2024

Georgia Power has announced the commencement of commercial operations at Plant Vogtle Unit 4, marking a significant milestone in the state's energy sector. This new ... Read More

Tivoli Midstream acquires strategic assets in Texas to expand Gulf Coast operations

businessnewstoday- April 30, 2024

Tivoli Midstream LLC has completed the acquisition of significant terminal and infrastructure assets, known as the Chocolate Bayou Assets, from affiliates of Ascend Performance Materials, ... Read More

QatarEnergy signs historic $6bn deal with CSSC for LNG vessel construction

businessnewstoday- April 30, 2024

QatarEnergy has entered into a monumental agreement with China State Shipbuilding Corporation (CSSC) to construct 18 ultra-modern QC-Max size LNG vessels, marking the largest single ... Read More