Oil and Gas • Industry • News

Etu Energias has closed the acquisition of Galp Energia’s interests in three blocks offshore Angola.

ADNOC has reached a FID on the Ruwais LNG project and awarded USD 5.5 billion in EPC contracts.

Matador Resources will invest $1.91 billion on new oil and gas assets in the Delaware shale patch in the USA.

PTTEP has acquired Wintershall Dea's 10% participating interest in the UAE’s Ghasha Concession.

Woodside Energy is celebrating first oil at the Sangomar project offshore Senegal.

Critical Metals will acquire a 92.5% equity stake in one of the world's largest rare earth deposits, Greenland's Tanbreez project.

Baker Hughes has won a significant order from Petrobras for workover and plug abandonment services offshore Brazil.

Angola’s Azule Energy has awarded a long-term frame agreement  to Aker to provide EPC for brownfield projects and modifications for FPSOs.

Drilling giant Noble Corporation will acquire  its smaller rival Diamond Offshore Drilling in a deal valued at USD 1.6 billion.

Entergy and NextEra will accelerate up to 4.5 GW of new solar and energy storage projects in the US.