Bluewater, the specialist energy private equity firm, has signed a purchase agreement to sell Apex International Energy, a leading independent player in oil & gas exploration and production in the prolific Egyptian upstream market. Pursuant to the purchase agreement, subject to the fulfilment of governmental approvals and customary conditions precedent, Apex will be bought by …
Photo: Arne Reidar Mortensen / Equinor The French Energy Regulatory Commission (CRE) has imposed a fine of 4 million Euros on Equinor for two cases of REMIT* violation in connection with the booking of annual gas transmission capacities, one in 2019 and one in 2020. Equinor will appeal the decision. The case concerns the booking …
Flow remediation specialist, Pipetech, has announced the launch of its revolutionary Downhole Scale Remediation (DSR) technology, set to redefine wellbore cleaning solutions for the global energy sector. Supported by the Net Zero Technology Centre’s (NZTC) emissions reduction programme, this innovation promises to redefine wellbore cleaning solutions while advancing sustainable practices. The DSR directly addresses long-standing …
WEG, a leading electric motor, variable frequency drives and gearbox manufacturer, will support a major UAE oil and gas organisation in reducing its onshore operations’ environmental footprint. WEG’s integrated drive solutions, including electric motors, variable speed drives (VSDs) and transformers, will help maximise efficiency, reliability and safety in critical water injection operations. The $2.4 billion …
Aurora Energy Services has appointed contracts and procurement specialist Katie Jordan to its management team as Chief Commercial Officer. Highly experienced in subcontract and client contract management, Katie joins the ambitious Inverness-headquartered Aurora from global energy company TechnipFMC. At TechnipFMC she was a member of the UK leadership team and held the position of supply …
New CCO role signals international growth for Aurora Read More »
Voltalis, the European leader in demand response services, aims to develop up to 5 GWp of demand response capacity across residential and commercial buildings in the UK energy market by 2030. Achieving this ambition would represent an investment plan of up to £1 billion. Demand response, also known as “intelligent demand-side management,” plays a vital …
Marathon Petroleum has expanded its partnership with Truckers Against Trafficking (TAT). Since launching the initiative in 2023, Marathon Petroleum has trained nearly 800 employees in the Transportation and Rail organization to identify human trafficking situations on the road and how to report suspicious activity. Nearly 700 of those certified are fleet drivers. “Human trafficking isn’t …
Marathon Petroleum expands Truckers Against Trafficking initiative Read More »
Energy Secretary Ed Miliband stopped off at ScottishPower Renewables’ offshore wind base in Lowestoft last week, to hear about the green energy company’s multi-billion projects in the region and the positive impact they are having. Popping into the East Anglia ONE base, he toured the facility with the operations team, chatted to staff and apprentices …
John Wood Group PLC has been awarded a significant new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland Basin, Victoria, operated by Esso Australia. Supporting safe energy production, Wood will provide maintenance services and shutdown support to optimise operational performance of the Gippsland Basin Joint Venture’s offshore assets in the Bass Strait and the …
Two empty Council houses are being given energy-efficient revamps and will become temporary demonstration homes before being re-let to new tenants. The new tenants will benefit from a warm healthy home with reduced heating bills. The first council house to be renovated is a Victorian mid-terrace in Clementhorpe, and the next one will be a …
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