TOP STORIES OF THE WEEK
Argent LNG and Albania sign MOU for proposed Adriatic LNG Terminal
Argent LNG has signed a Memorandum of Understanding (MOU) with the Government of Albania to explore the joint development of a large-scale LNG storage and regasification terminal on the country’s Adriatic coast.
The proposed facility is intended to serve as a regional energy security asset for the Western Balkans and Southeastern Europe, rather than primarily supplying Albania’s domestic market. Argent LNG is expected to provide up to 5 million tonnes per annum (MTPA) of LNG supply to support the planned terminal.
The project is being positioned as a potential gateway for US-sourced LNG into regional markets, with proposed connections to existing and planned energy infrastructure including the Trans Adriatic Pipeline (TAP), Ionian Adriatic…
CarbonBridge advances plans for Germany’s first operational CO₂ export terminal
Plans to develop Germany’s first operational CO₂ export terminal have moved into their next phase following approval of the CarbonBridge joint venture by the European Commission.
The approval marks an important step for the partnership between Messer and Ambrian Energy GmbH, which is focused on developing infrastructure to support the recovery, processing and transportation of carbon dioxide (CO₂) captured from industrial sources.
Following the European Commission’s decision, senior representatives from the two companies met at the future terminal site in Bremen to discuss the next stages of the project. Messer CEO Peter Mohnen and Messer COO Europe Matthias Thiele met with Daniel Pätzold, managing director of Ambrian Energy GmbH, at the s…
Tamarack Valley and Headwater agree to $10-billion all-stock merger creating pure-play Clearwater oil producer
Tamarack Valley Energy Ltd. and Headwater Exploration Inc. have agreed to combine in an all-stock transaction valued at $10 billion that will create the largest publicly traded pure-play Clearwater oil producer in North America.
Under the definitive arrangement agreement announced September 8th, 2026, Headwater shareholders will receive one Tamarack common share for each Headwater share they own. Tamarack will issue approximately 237.8 million shares. After closing, existing Tamarack shareholders are expected to own about 66.5 percent of the combined company and Headwater shareholders about 33.5 percent.
The merged company, to be led by current Tamarack management and headquartered in Calgary, is projected to have run-rate Clearwater produ…
Stolthaven Terminals completes first six tanks of Houston expansion
Stolthaven Terminals has reached a significant milestone in its Houston Expansion Project, with the first six new storage tanks at its Houston terminal now completed and fully operational.
The additional capacity is expected to provide greater flexibility for customers using the facility, while strengthening the Houston terminal’s role within Stolthaven’s wider network of storage and logistics assets.
The milestone represents the result of collaboration across several areas of the organisation, including asset management, project delivery, operations, maintenance, customer service and management. The coordinated effort reflects the operational requirements involved in bringing new terminal infrastructure into service while maintaining exis…
Technip Energies selected by L&T for a significant engineering services contract for ADNOC Offshore in the UAE
Technip Energies has been awarded a significant contract by Larsen & Toubro Energy Hydrocarbon (LTEH) to provide detailed engineering services for a major ADNOC Offshore project in the United Arab Emirates.
The project, which was recently awarded to a consortium led by LTEH, involves the engineering, procurement, construction, installation and commissioning (EPCIC) of new offshore facilities, as well as modifications and upgrades to existing infrastructure.
The contract further strengthens Technip Energies’ position in high-end engineering services. The company will leverage its local engineering capabilities and extensive experience delivering complex, large-scale offshore projects across the Middle East.
The award also builds on the …
