ADNOC Drilling Company PJSC and Alpha Dhabi Holding PJSC have jointly announced that their collaborative venture, Enersol, will acquire a 51% equity stake in NTS AMEGA for approximately $58 million, positioning Enersol as the majority stakeholder. The transaction, initially mirrored by Alpha Dhabi’s October 2023 investment in NTS, is pending regulatory approval and customary closing […]
Baker Hughes (NASDAQ: BKR), a global leader in energy technology, has clinched a substantial order from Petrobras for comprehensive workover and plug and abandonment (P&A) services across the pre-salt and post-salt fields offshore Brazil. This significant engagement, valued at several million dollars, underscores Baker Hughes’ strategic penetration in the South American energy sector, leveraging its […]
