bp to acquire Woodside Energy’s interest in Calypso Gas Project in Trinidad and Tobago
bp has agreed to acquire Woodside Energy’s 70 percent interest in Block TTDAA 14, the Calypso gas project offshore Trinidad and Tobago, in a transaction that will give bp full ownership and operatorship of the early-stage deepwater development. The acquisition will increase bp’s interest in Calypso to 100 percent, strengthening the company’s position in Trinidad […]
SLB and Equinor sign multi-year agreement to expand offshore stimulation capability in Norway
SLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services across the Norwegian Continental Shelf (NCS), including a major upgrade of the well stimulation vessel MV Island Captain. The agreement will provide dedicated offshore stimulation capacity to support the development of tight reservoirs and help maximise recovery from future wells across the […]
Zink Family Office establishes Zink Industrial Group
The Zink Family Office has established Zink Industrial Group (Zink Industrial), a new holding company focused on acquiring and growing established industrial businesses. The company was established effective June 3rd, 2026. Drawing on nearly a century of entrepreneurial experience, Zink Industrial will invest in manufacturing, fabrication, process equipment and other specialised industrial businesses. The company’s […]
Parker Hannifin completes acquisition of Filtration Group Corporation
Parker Hannifin Corporation has completed its previously announced acquisition of Filtration Group Corporation, marking another step in the company’s ongoing portfolio transformation. The acquisition brings Filtration Group Corporation’s range of engineered filtration technologies and aftermarket capabilities into Parker’s portfolio, strengthening its offering across key growth markets including life sciences, HVAC/R, and in-plant and industrial applications. […]
Argentina LNG project submits application for large investment incentive regime
Argentina LNG, an integrated liquefied natural gas (LNG) project being developed by YPF, Eni and XRG, has submitted an application to participate in Argentina’s Large Investment Incentive Regime (RIGI). The application marks a significant step in the development of the proposed large-scale LNG export project, which is designed to leverage the substantial natural gas resources […]
Grain LNG appoints Peter Abdo as chief executive officer
Grain LNG, the UK’s largest LNG import terminal, has announced the appointment of energy industry executive Peter Abdo as chief executive officer, effective October 1st. Grain LNG is jointly owned on a 50/50 basis by Centrica plc and Energy Capital Partners (ECP). Abdo brings more than 30 years of experience across the global LNG, natural […]
Ghent Renewables commissions second production line to boost waste oil processing for biofuels and SAF
Ghent Renewables has successfully commissioned its second production line, marking a significant milestone in the company’s growth and expanding its capacity to process second-generation waste oils into feedstocks for biofuels and Sustainable Aviation Fuel (SAF). The new production line increases Ghent Renewables’ processing capacity and enhances its ability to produce high-quality, low-metal feedstocks for the […]
CB&I completes first fill of pioneering non-vacuum LH2 storage demonstration tank
CB&I has completed the first fill of a liquid hydrogen (LH2) demonstration tank using non-vacuum insulation technology at NASA’s Marshall Space Flight Center (MSFC) Hydrogen Test Facility (HTF), marking a significant milestone in the development of large-scale LH2 storage. Drawing on more than six decades of experience in cryogenic insulation and LH2 storage, CB&I is […]
Xylem to acquire Cornell Pump and Roper Pump, strengthening industrial presence in high growth sectors
Xylem Inc., a global water technology company, has entered into an agreement to acquire the Cornell Pump and Roper Pump businesses from Indicor for $1.46 billion. The acquisition will expand Xylem’s ability to serve a broader range of mission-critical industrial applications while supporting its strategy of increasing exposure to high-growth sectors benefiting from infrastructure investment, […]
Mora Energy completes two Permian Basin acquisitions and enhances capitalisation
Mora Energy has completed two acquisitions in the Midland Basin while significantly expanding its available capital through increased equity commitments from its financial sponsor and the closing of a new revolving credit facility. Acquisitions Mora recently completed the acquisition of Tejon Treating and Carbon Solutions LLC from funds managed by Bayswater Exploration & Production, LLC. […]