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(Oilandgaspress) Severn Group, one of Britain’s longest-established valve manufacturers, today announced that it has been acquired for $480 million dollars by Valmet, a Finland-listed global industrial leader. Contour Holdings International Limited, known as “Severn Group,” is the holding corporation for Severn Glocon, ValvTechnologies and LB...

(Oilandgaspress) Harbour Energy announced that it has entered into an agreement to acquire substantially all the subsidiaries of Waldorf Energy Partners Ltd and Waldorf Production Ltd, currently in administration, for $170 million1. The consideration will be funded through readily available sources of liquidity. The acquisition is...

(Oilandgaspress) Harbour announces that it has entered into an agreement to acquire LLOG Exploration Company LLC ("LLOG") from LLOG Holdings LLC for $3.2 billion (the “Acquisition”), comprising $2.7 billion of cash and $0.5 billion of Harbour’s voting ordinary shares. The Acquisition marks Harbour’s strategic entry...

London, December 22, 2025, (Oilandgaspress) –Oil prices rose after Donald Trump intensified a blockade on Venezuela, with U.S. forces boarding one tanker and pursuing another just weeks after seizing a vessel. Venezuela condemned the latest boarding on Saturday. CNOOC Limited today announced that Xijiang Oilfields 24...

(Oilandgaspress) Aramco Europe showcased its growing use of polymers and nonmetallic materials in next-generation energy projects at two UK industry events in London and Cambridge. The company highlighted how polymers reduce corrosion, improve durability and perform better in harsh environments, helping extend asset lifecycles and...

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