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BASF and Equinor sign ten-year natural gas supply agreement

BASF and Equinor have signed a long-term strategic agreement for the annual delivery of up to 23 terawatt hours of natural gas over a ten-year period. The contract secures a substantial share of BASF’s natural gas needs in Europe. Deliveries will start on October 1st, 2025. “This agreement further strengthens our partnership with BASF. Natural …

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Ashtead Technology agrees partnership with Hydrollica

Ashtead Technology, a leading provider of mission-critical subsea technology solutions, has joined forces with Hydrollica, an advanced manufacturer of environmentally focused ROV and diver tooling. The agreement brings a new generation of seawater-powered subsea tooling into Ashtead Technology’s global fleet, including the Hydro Multi-Tool, Hydro Micro Multi-Tool and Hydro Power Pack. These compact yet powerful …

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GMG commencing sales of G(R) Lubricant and advancing regulatory approvals

Graphene Manufacturing Group Limited has announced that G® Lubricant has commenced both website sales and direct sales to end customers in a number of countries and regions around the world, including Australia, the United Kingdom, Europe, China, Canada and the United States. GMG has received formal requests to distribute G® Lubricant in a number of …

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PTT Oil and Retail Business posts record profit

PTT Oil and Retail Business Public Company Limited, the retail and lifestyle arm of Thailand’s PTT Group, reported record earnings for the first quarter of 2025, signaling strong momentum from its cross-border expansion and ESG-driven strategy across energy and lifestyle verticals. The company posted THB 182.4 billion in revenue for the quarter, with net profit …

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A new company to offer products and services for the oil drilling industry

Versalis, Eni’s chemical company, has announced that, as of 1 July 2025, it will transfer its Oilfield Chemicals business unit into the newly established company Versalis Oilfield Solutions S.r.l. The operation aims to consolidate Versalis’ position in the oilfield services sector by bringing together key expertise and strategic activities in a single, focused and operationally efficient entity. …

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Masdar hosts European business partners and executives in Madrid

Masdar, a global clean energy leader, has convened an exclusive, high-level business forum in Madrid to strengthen partnerships and position the company for its next phase of growth in the Iberian market. Led by Dr Sultan Al Jaber, Chairman of Masdar, the Tuesday gathering assembled senior representatives from Spanish and Portuguese government entities, regulatory bodies, …

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John Crane introduces groundbreaking dry gas sealing solution

John Crane, a global leader in rotating equipment solutions has announced the launch of the Type 93AX Coaxial Separation Seal – a next generation dry gas sealing solution engineered to help customers reduce emissions, improve equipment reliability, and lower operational costs. The Type 93AX builds on John Crane’s legacy of industrial sealing expertise with a …

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Peninsula expands marine fuel supply operations to US Gulf Coast

Peninsula, the world’s leading independent marine energy supplier, has announced the the expansion of its US Gulf Coast operations, to include the offshore market, with a primary focus on the Galveston Offshore Lightering Area (GOLA).  This strategic move reinforces Peninsula’s commitment to delivering high-quality, flexible, and sustainable marine fuel solutions to a growing customer base …

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Amarinth wins £1.5M order for Nigeria’s LNG fields

Amarinth, a world-leading, net-zero designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment, primarily for the offshore and onshore oil & gas industries; nuclear and renewable energy generation; defence; desalination; process and industrial markets, has secured an order worth over £1.5 million, comprising of four bespoke API 675 chemical injection skid packages, …

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