Shell Plc is exploring the sale of its interest in the A$34 billion ($22 billion) North West Shelf liquefied natural gas export plant in Western Australia, according to people with knowledge of the matter.
Equatorial Guinea will launch its highly anticipated EG Ronda 2026 licensing round at this year’s African Energy Week (AEW) later this month. The licensing round forms part of the country’s broader strategy to revitalize its upstream sector, attract new investment and unlock exploration and production opportunities offshore.
The framework agreement begins in August 2025 and runs until July 2027, with four optional one-year extensions. The scope includes planning, advisory and execution services across insulation, coatings, passive fire protection, structural access and software-driven performance enhancement.
Block 3/24 covers 545 square kilometres and contains five oil and gas discoveries – Cefo, Goulongo, Kuma, Palanca North East and Quissama – as well as the previously developed Canuku field cluster, which has produced up to 12,000 bopd.
Abdulrahman Al Khannah, group CEO of Beyout Holding, talks to The Energy Year about deploying HR and real estate services synergically and the important contribution of private holding companies to Kuwait’s economic growth and diversification. Beyout Holding is a Kuwaiti-based group engaged in HR, logistics and real estate asset management.
Part of a broader push to diversify revenue streams and increase Panama’s competitiveness as a transit hub in global energy trade, the project is slated to be one of the largest investments in the canal’s history. The Panama Canal Authority estimates the project can bring average annual revenues of USD 160 million during the construction phase and more than USD 1.5 billion once operational.
Gold prices reached an all-time high above $3,500 per ounce due to increased speculation of a September interest rate cut by the US Federal Reserve and ongoing political tensions.
Airtec is a manufacturer and supplier of industrial and speciality gases to the energy, manufacturing and healthcare industries. The acquisition will add to Linde’s operational assets in the region, which include air separation units, carbon dioxide plants and associated infrastructure.
Three international consortiums have been invited by the Kuwait Authority for Partnership Projects (KAPP) to submit proposals. They are led by Abu Dhabi National Energy Company (TAQA), Saudi Arabia’s ACWA Power and China Power International.
STR operates globally with technology and service facilities in Aberdeen, Great Yarmouth, Houston, Perth, Singapore and invested £5m in a new Norway facility earlier this year which Christie will oversee. The company has doubled headcount in the last three years and now has 120 people with further growth to be delivered through strategic acquisitions, market expansion and a diversified technology and solutions offering, with plans to have a dedicated Middle East facility next year.