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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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FET to provide offshore firm with two work class ROVs

The Forum Energy Technologies (FET) subsea product line has secured a contract to provide two work class remotely operated vehicles (ROVs) to CCC (Underwater Engineering) S.A.L (CCC (UE)), the UAE-based offshore construction organisation. Kevin Taylor, Vice President – Operations, Subsea Technologies said: “CCC (UE) has long been a user of FET ROVs and we are …

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Bel Valves supplies six figure order

BEL Valves, which manufactures high integrity valves, complete with actuation and control systems for oil and gas and Hydrogen and Carbon capture installations, has supplied valves worth six-figures to Norwegian multinational energy company, Equinor for its Kårstø processing plant in Norway. The Newcastle-based manufacturer’s topside through conduit double expanding split gate valves with gearboxes were …

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Chevron and Halliburton enable intelligent hydraulic fracturing

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation and Halliburton have jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado. This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention. The capability enhances the previous implementation of autonomous …

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