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Emerson to Help Accelerate Green Hydrogen Production
January 12, 2022
Emerson is helping accelerate technology development for large-scale offshore green hydrogen production. The company is developing software and systems to enable safe and efficient operation of the world’s first offshore green hydrogen production process on an operational gas platform. The
Aker BP and Lundin Energy to Merge in $14 Billion Deal
January 3, 2022
Norway’s Aker BP will buy the oil and gas business of Sweden’s Lundin Energy, forming the second-largest listed petroleum firm on the Norwegian continental shelf, the two companies said on Tuesday. The cash and stock transaction values the acquired assets
Denbury and Mitsui Enter MOU and Start of Joint Evaluation for Low-Carbon Solutions Opportunities
October 27, 2021
Denbury Onshore and Mitsui (MEPUSA) have commenced a joint evaluation of potential opportunities in the U.S. Gulf Coast to develop carbon-negative oil assets utilizing anthropogenic CO2 via carbon capture, utilization, and storage (CCUS). As part of the evaluation, MEPUSA and
Santos to Merge with Oil Search to Create $15.4 Billion Oil and Gas Company
October 5, 2021
Australian energy company Santos has reached a merger implementation deed (MID) with Papua New Guinea-based Oil Search to create a combined entity with a market capitalization of A$21 billion ($15.4 billion). Under the terms of the merger agreement, Oil Search
MAN Energy Solutions and Woodside Energy Form Alliance for Innovative LNG Technology
September 13, 2021
MAN Energy Solutions and Woodside Energy have signed a cooperation agreement aimed at commercializing an innovative solution for small-to-mid scale LNG production. Known as Factory LNG, the technology combines Woodside’s intellectual property and LNG experience with MAN’s global manufacturing and
Hart Energy Launches Energy ESG Awards Program
August 3, 2021
Hart Energy announced its new Energy ESG Awards, a recognition program for those organizations making a significant impact on environmental, social or governance objectives in the field, in their communities, and in the business. Companies that have proven innovations in
U.S., Germany Deal on Nord Stream 2 Pipeline Draws Ire of Lawmakers in Both Countries
August 3, 2021
The United States and Germany will unveil a deal on Wednesday that maps out consequences for Russia if it uses the Nord Stream 2 gas pipeline to harm Ukraine or other Eastern European countries, but the deal faces opposition in
CGG and PGS Sign MOU to Develop Multi-Client Data Collaboration for CO2 Storage
July 26, 2021
CGG and PGS have signed a Memorandum of Understanding (MoU) with a view to combining their seismic multi-client products and technical capabilities applied to the Carbon Capture Utilization and Storage (CCUS) industry. The ambition is to join forces and unlock
Happy Independence Day!
July 5, 2021
Mining Connection will be back with daily news Tuesday, July 6. We wish everyone a happy and healthy holiday. As we celebrate this 4th of July weekend, we should never forget those who laid down their lives for our freedoms!
Trafigura to Acquire Sonangol’s Stake in Puma Energy for $600 Million
June 4, 2021
Trafigura has agreed to acquire Sonangol’s entire stake of 31.78 percent in Puma Energy, a Singaporean mid- and downstream oil company, for $600 million. The Singaporean commodity trading company has also signed an agreement to sell its Angolan business and
