editorial

Venture Global announces long-term agreement with Naturgy

Venture Global, Inc. and Naturgy have announced the execution of a new long-term Sales and Purchase Agreement (SPA) for the purchase of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global for twenty years beginning in 2030. The agreement represents Spain’s first long-term contract for American LNG since Venture Global’s …

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ABS Consulting earns third Elev8 GovCon honour

ABS Consulting has been selected as an OrangeSlices’ 2026 Elev8 GovCon honoree, marking the company’s third consecutive year receiving this prestigious recognition. The Elev8 GovCon Award celebrates companies that exemplify excellence in eight critical areas in the Federal Government Contracting (GovCon) sector, a space renowned for its complexity and competitiveness. “This award further solidifies ABS …

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Daily oil production hits 900,000 barrels in Stabroek block

ExxonMobil Guyana Limited and its Stabroek block co-venturers, Hess Guyana Exploration Limited, and CNOOC Petroleum Guyana Limited, has announced that they reached a new production milestone of 900,000 barrels of oil daily. This achievement comes just months after the successful startup of Yellowtail, Guyana’s fourth offshore project, which has now achieved its initial annual average …

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ADNOC extends partnership for the Abu Dhabi Grand Prix

ADNOC has announced an extended multi-year partnership with Ethara to sponsor the Formula 1® Etihad Airways Abu Dhabi Grand Prix. As an Official Founding Partner since 2019, ADNOC will introduce The Race Within, its new F1 campaign that highlights the UAE’s spirit of performance, ambition and national pride. The campaign brings forward the discipline, focus …

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Plenitude strengthens its presence in France

Plenitude has signed an agreement to acquire from Neoen, a leading renewable energy company, a portfolio of 52 operating assets, including 37 photovoltaic plants, 14 wind farms, and one operating battery storage facility, for a total of approximately 760 MW installed capacity located throughout France. The assets produce approximately 1.1 TWh of electricity annually. The …

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McDermott executes contract amendment for Golden Pass LNG Trains

McDermott and its joint venture partner Chiyoda International Corporation (CIC) have signed a contract amendment with Golden Pass LNG Terminal LLC (GPLNG) for the completion of Trains 2 and 3 of the Golden Pass LNG Project in Sabine Pass, Texas. This contract amendment follows the amendment signed in November 2024 for the engineering, procurement and …

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ADNOC technical academy celebrates graduation of 403 UAE nationals

ADNOC Technical Academy (ATA) has marked the graduation of 403 UAE National technicians equipped with foundational applied skills in artificial intelligence (AI) and robotics across the energy value chain, underscoring its role in developing a highly-skilled national workforce empowered to contribute to reinforcing ADNOC’s role as a reliable energy producer that enables national economic development. …

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TotalEnergies accelerates gas-to-power integration strategy in Europe

TotalEnergies has announced the signing of an agreement with Energetický a průmyslový holding, a.s. (EPH) for the acquisition of 50% of its flexible power generation platform (gas-fired and biomass power plants, batteries) in Western Europe (Italy, United Kingdom and Ireland, Netherlands, France), valued at €10.6 billion (enterprise value), i.e. a multiple of 7.6x 2026 EBITDA. …

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Groundbreaking ceremony of new biorefinery in Malaysia

Pengerang Biorefinery Sdn. Bhd., a joint venture between PETRONAS, Enilive S.p.A and Euglena Co., Ltd, marked a key milestone with the groundbreaking ceremony for the development of the new biorefinery in Pengerang, Johor, Malaysia. The biorefinery will have the processing capacity of up to 650,000 tonnes of renewable feedstock annually and is projected to produce Sustainable Aviation Fuel (SAF), …

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