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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity.

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OEG to Support Inch Cape Offshore Wind Farm Construction until 2027

Offshore Energies UK

OEG, a leading energy solutions business, has won a multi-million-pound contract to support the construction phase of the Inch Cape Offshore Wind Farm until operational in 2027. Over 100 OEG personnel will support the delivery of this contract, which includes the recent addition of six new appointments.

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ADNOC Drilling secures five-year, $800 million contract for oilfield services

Oil & Gas 360º

As we continue our transformation, we are proud to support the nation’s strategic energy goals and reinforce our position as a leader in integrated drilling and completion solutions.” It also provides further growth and upside in 2027 onwards beyond the current guidance.

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Enbridge Announces 600-Megawatt Solar Project to Support Meta Platforms, Inc. Data Center Operations

Oil & Gas 360º

Construction is underway, and the facility is expected to enter in service during the summer of 2027. Enbridge’s estimated project cost is US$0.9b and the project is expected to be accretive to cash flow and earnings per share starting in 2027. Meta Platforms, Inc.,

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TotalEnergies Raises Stake in AES Renewables Portfolio in Caribbean

Rigzone

Image by Petmal via iStock TotalEnergies SE said Wednesday it had completed the purchase of a 50 percent stake in AES Corp.’s ’s renewable energy and battery energy storage system (BESS) portfolio of over one gigawatt in the Dominican Republic.

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From Landfill to Leadership: EQT Acquires Majority Stake in Waga Energy for $611M

Rextag

From Majority Stake to Full Ownership Following the completion of the initial transaction, EQT intends to file a mandatory public offer to acquire the remaining shares at the same price and pursue a squeeze-out and delisting of Waga Energy from the Euronext Growth Paris exchange. Bcf/d beginning in 2027.

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ADNOC Gas Awards $5B Contracts for RGD Project

Rigzone

Completion is expected 2027. “The project will be delivered by more than 500 Wood engineering, project management and commissioning specialists based in Abu Dhabi with support from the company’s global engineering hubs”, Wood added. Jersey-based Petrofac Ltd. bagged a $1.2

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