The Latest

Baker Hughes to Supply Compression Trains for Algerian Field

Baker Hughes will supply 20 compression trains, which are expected to boost gas production at Alergia’s Hassi R’ Mel gas field.

Riley Permian Increases Stake in West Texas Power JV with Conduit

Riley Exploration Permian increased its ownership in RPC Power, a JV with Conduit Power, to 50% from 35% and has agreed to sell up to 10 MMcf/d of natural gas as feedstock supply for the generation facilities as RPC plans to sell to ERCOT.

TotalEnergies Makes FID on Kaminho Deepwater Project

TotalEnergies, in partnership with Petronas and Sonangol, said production is expected to begin in 2028 and reach a plateau of 70,000 bbl/d of oil.

Minerals Market Growing But Needs More Scale, Consolidation

The market value of public minerals and royalties companies has doubled since 2019—but the sector needs to grow even larger to attract generalist investors into the fray, experts say.

TotalEnergies to Invest $400MM in LPG

TotalEnergies is investing more than $400 million into LPG to provide more than 100 million people in Africa and Asia access to clean cooking methods by 2030.

M&A Spotlight Shifts from Permian to Bakken, Marcellus

Potential deals-in-waiting include the Bakken’s Grayson Mill Energy, EQT's remaining non-operated Marcellus portfolio and some Shell and BP assets in the Haynesville, Rystad said.

ProPetro to Provide eFrac Services to Exxon’s Permian Operations

ProPetro has entered a three-year agreement to provide electric hydraulic fracturing services for Exxon Mobil’s operations in the Permian Basin.

Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation

Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.

Baker Hughes Awarded Saudi Pipeline Technology Contract

Baker Hughes will supply centrifugal compressors for Saudi Arabia’s new pipeline system, which aims to increase gas distribution across the kingdom and reduce carbon emissions

Technip Energies Wins Marsa LNG Contract

Technip Energies contract, which will will cover the EPC of a natural gas liquefaction train for TotalEnergies, is valued between $532 million and $1.1 billion.