ADNOC has announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, marking a major milestone in the company’s international growth strategy.
The potential for a stronger hurricane season suggests heightened risk for weather-related production outages in the US oil and natural gas industry.
Maire has announced that Kinetics Technology (the subsidiary part of the Integrated E&C Solutions Business Units operating in support of the Sustainable Technology Solutions Business Unit) has signed a binding agreement to acquire 100% of APS Evolution S.r.l, parent company controlling APS Designing Energy S.r.l. and KTI Poland S.A.