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Aker Solutions, Microsoft partner to fast-track global CCS, carbon removal pipeline

Norway-based energy services provider Aker Solutions has joined forces with Microsoft to accelerate carbon capture and storage (CCS) and carbon dioxide removal (CDR) projects...

MODEC’s FPSO reaches Guyana as ExxonMobil’s fifth oil project nears start-up

Japan’s MODEC has announced the arrival of a floating production, storage, and offloading (FPSO) vessel in Guyanese waters ahead of its deployment on a...

McDermott clinches over $1 billion EPCI job for ADNOC’s $6.2B giant gas project

U.S. offshore engineering and construction player McDermott has won an engineering, procurement, construction, and installation (EPCI) assignment for a gas development project off the...

Iran Running Out of Oil Cargoes

Iran's oil shipments to Asia have all but dried up, driving the cost of those cargoes to the highest levels in years even before...

Iran Announces Gas Discovery

Iran said it discovered more than 7.5 trillion cubic feet of natural gas, after months of war with the US and Israel seriously disrupted...

Warning of mines in Hormuz after Trump claimed it was clear

The Joint Maritime Information Centre (JMIC) warned of the continued risks of mines in the Strait of Hormuz after US President Donald Trump claimed...

CK Hutchison Holdings seeks more than $1.5bn in Panama port assets damages

CK Hutchison Holdings has formally initiated international investment treaty arbitration proceedings against the Republic of Panama, accusing the country of violating bilateral investment protection...

NUPRC gives 31 oil block winners payment deadline

The Nigerian Upstream Petroleum Regulatory Commission has warned 31 companies that emerged winners of 37 oil and gas blocks in the 2025 Licensing Round...

UBA strengthens workforce with 374 graduate inductees

Africa’s Global Bank, United Bank for Africa Plc, has graduated and inducted 374 young professionals into its workforce, marking the completion of Cohort 21...

Arik shareholders demand answers over aircraft dismantling

Shareholders of Arik Air Ltd. have asked the airline’s Receiver Manager, Oluseye Opasanya, to explain the ongoing dismantling of a Boeing 737-700 at the...

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