TOP STORIES OF THE WEEK
Zeeco acquires Australian vapour control specialist Oil & Gas Technologies
Zeeco has entered into a definitive agreement to acquire Oil & Gas Technologies, an Australia-based provider of vapour control and related equipment serving the downstream liquid fuels storage and energy sector. The acquisition marks the latest step in Zeeco’s ongoing global expansion strategy, reinforcing its commitment to broadening capabilities and better serving its international customer base.
Oil & Gas Technologies has established a strong reputation in the Australian market, specialising in vapour recovery systems, terminal loading systems, and a range of supporting solutions and services. The agreement positions Zeeco to leverage that expertise and extend its reach within the Asia-Pacific region’s growing energy infrastructu…
Technip Energies posts record €20bn backlog despite Middle East disruptions
Technip Energies has reported a resilient first-quarter performance for 2026, delivering solid revenues, EBITDA and strong free cash flow generation in spite of significant operational disruption caused by the ongoing conflict in the Middle East. Chief Executive Arnaud Pieton attributed the result to the adaptability and determination of the company’s teams in the face of what he described as considerable challenges.
The engineering group delivered solid first-quarter revenues and strong free cash flow, while warning that up to €600 million in revenue could slip beyond 2026 due to site stoppages caused by the regional conflict.
Q1 2026 results
Order intake, Q1 2026
>€6bn which exceeds full-year 2025 total
Backlog
>€20bn
new all-time h…
Metso signs new distribution agreement with Las Machines in Puerto Rico
Metso has signed a new distribution agreement with Las Machines (LAS MACHINES LLC), which has served as a Metso agent for the past three years. Las Machines is a Puerto Rican company specialised in the sale of new and used machinery, spare parts, and technical service. The company is located in Carolina, San Juan, Puerto Rico. The scope of the agreement covers capital equipment, aftermarket, and field services related to Metso’s Aggregates business.
“We appreciate Las Machines’ strong commercial performance during its years as Metso’s agent. With this new agreement, we are confident in Las Machines’ ability to further develop the business and support our customers across equipment, aftermarket, and field services through its strengthened lo…
Woodside Energy names Breyden Lonnie as chief operating officer Australia
Woodside Energy has confirmed the appointment of Breyden Lonnie as executive vice president and chief operating officer, Australia, formalising an acting arrangement that has been in place since December 2025. In the role, Mr Lonnie holds responsibility for Woodside’s portfolio of operations and projects across Western Australia and the Bass Strait.
Mr Lonnie brings 24 years of industry experience to the position, spanning engineering, operations, planning and management roles both domestically and internationally. He joined Woodside in 2005, having previously worked for engineering consultancy Arup across Australia, Hong Kong and Saudi Arabia. Most recently he served as Woodside’s vice president North West Shelf from 2022 to 2025, overseei…
Beach Energy announce that Waitsia Gas Plant has reached nameplate
Beach Energy has announced that the Waitsia Gas Plant, a key pillar of Australia’s domestic energy infrastructure, has reached its nameplate capacity of 250 terajoules per day.
The milestone makes Waitsia the largest gas plant commissioned in Western Australia since 2016 and the closest major facility to Perth capable of delivering the equivalent of nearly one quarter of the state’s domestic natural gas demand. The plant is a joint venture project with operator MEPAU.
Beach Energy managing director and CEO Brett Woods said Waitsia would serve as a significant supplier of energy to critical Asian customers who support Australia with liquid fuels, as well as to the domestic market for many decades after the approved LNG export window expires…