London, August 05, 2024, (Oilandgaspress) ––Golar LNG Ltd. and bp, as Operator of the Greater Tortue-Ahmeyim LNG Project, have executed agreements to implement a commercial reset for FLNG Gimi. The commercial reset agreement simplifies contractual cash flows and settles previous disputes related to payment mechanisms...
London, August 05, 2024, (Oilandgaspress) ––KBR (NYSE: KBR) announced it has been awarded an estimated $153 million cost plus fixed fee recompete contract to support Naval Test Wings Atlantic and Pacific Aircrew Services over a five-year period. The work will be performed primarily at Naval...
London, August 05, 2024, (Oilandgaspress) ––Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order for an M701F gas turbine and a steam turbine for the 500MW gas turbine combined cycle (GTCC) power plant in Sarawak, Malaysia. The equipment...
London, 02 August, 2024, / (Oilandgaspress)/ –Mitsubishi Heavy Industries, Ltd. (MHI) submitted a revised shelf registration statement to the Director-General of the Kanto Local Finance Bureau today in preparation for its planned issuance of transition bonds via public offering in the Japanese bond market. MHI was...
Woodside has entered into a binding agreement to acquire 100% of OCI Clean Ammonia Holding B.V., and its lower carbon ammonia project in Beaumont, Texas (Project) for an all-cash consideration of approximately $2,350 million. The Project is under construction and targets production of first ammonia...
OCI Global (Euronext: OCI) a leading global producer and distributor of hydrogen products today announced that it has reached an agreement for the sale of 100% of its equity interests in its Clean Ammonia project under construction in Beaumont, Texas (“OCI Clean Ammonia” or the...
Kent, a leading engineering and services company, is pleased to announce it has been awarded a global three-year enterprise framework agreement (EFA) by Shell to provide Commissioning and Start-Up Services (CSU) across various onshore and offshore projects. This contract encompasses a wide range of energy...
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the second quarter of 2024. For the quarter, the Company generated a net income of $60 million, or $0.12 per...
OMAHA, Neb.--(BUSINESS WIRE)--(BRK.A; BRK.B) – Berkshire’s operating results for the second quarter and first six months of 2024 and 2023 are summarized in the following paragraphs. However, we urge investors and reporters to read our 10-Q, which has b...
London, August 02, 2024, (Oilandgaspress) ––Synthetic and sustainable fuels, which help mitigate CO2, must be the focus of the transport sector's decarbonization. Sustainable fuel requirements include reducing carbon emissions throughout its lifecycle. However, other factors are also crucial, including fresh water and preventing deforestation in the...
London, August 02, 2024, (Oilandgaspress) ––Ofgem confirmed Elexon as market facilitator for local energy flexibility. Its mission is to spearhead and enable greater flexible energy use across GB’s local electricity distribution networks. It will act as a single, expert entity that will work closely with...
London, 02 August, 2024, / (Oilandgaspress)/ –Rules preventing energy suppliers from offering lower prices exclusively to new customers will remain in place to ensure all households can access the best available deals. The regulator has decided to keep the ban on acquisition-only tariffs (BAT) – which...