All articles by Swagath Bandhakavi
Swagath Bandhakavi
Helmerich & Payne to acquire Scottish drilling company KCA Deutag for $2bn
The acquisition is expected to expedite Helmerich & Payne’s international growth strategy by expanding its footprint in the Middle East
Equinor’s Q2 2024 net income increases by 2% YoY to $1.9bn
During the reported quarter, Equinor achieved a total equity production of 2,048mboe/d, an increase of 2.7% from 1,994mboe/d in the same quarter last year
Analysing NDT’s role in safeguarding America’s hydraulic structures
As America’s reliance on dams for water management and energy generation grows, Nondestructive Testing (NDT) emerges as the silent hero safeguarding these critical structures. John Pariseau delves into the world of NDT, revealing its indispensable role in maintaining the resilience and safety of hydraulic structures. Discover how standardized training, third-party certifications, and a commitment to excellence are shaping the future of NDT, ensuring the longevity of dams and the preservation of vital resources.
Why pre-fault monitoring aids proactive repairs in electricity networks
Electricity networks face a constant challenge to minimise downtime and prevent outages from storm-related faults, which can be as many as 100-200 per day in the UK, for example, with its reputation for heavy rain. Permanent monitoring equipment can however detect pre-faults and their location, assisting network operators in performing proactive repair work.
Energean takes FID for $1.2bn Katlan development project in Mediterranean Sea
The Katlan development project is designed to support Energean’s existing gas sales agreements, target international markets, and is scheduled to commence production in the first half of 2027
How flexibility markets are addressing challenges of power system complexity
The energy industry is facing rapid change. Power flows are becoming increasingly complex, with intermittent supply as more renewables connect to the grid and with increasingly volatile and unpredictable demand. This complexity will only grow as government targets place a burden on power systems to decarbonise (by 2035 in the UK and the US, and a number of major EU countries), but flexibility markets promise a way of managing it.
EQT closes acquisition of Equitrans Midstream to create $35bn natural gas enterprise
The original shareholders of EQT will hold about 74% of the combined entity, while Equitrans Midstream shareholders will own approximately 26%
Why micro modular reactors can be solution for affordable, low-carbon power
Micro modular reactors are among several nuclear options that potentially offer an attractive solution to decarbonise industry. To do so means the right structures have to be in place though
Woodside to acquire Driftwood LNG project owner Tellurian for $900m
Located near Lake Charles, the Driftwood LNG is a fully permitted development project, currently awaiting a final investment decision
Exergy and Rentco sign cooperation agreement for geothermal power project in Olkaria
The project will boost geothermal power generation in Olkaria fields, with an additional total capacity of around 67MWe