TechnipFMC Receives Contract By Eni For Baleine Phase Offshore Cote d'Ivoire To Design, Product Flexible Flowlines And Risers

'Italy’s Eni Plans Major Increase in Venezuela Oil Production' - Bloomberg

Chevron, Keo Capital, Eni And Primavera Among Companies To Sign Energy Agreements In Venezuela Soon, Sources Say

https://www.marketscreener.com/news/chevron-keo-capital-eni-and-primavera-to-sign-energy-pacts-in-venezuela-soon-sources-say-ce7858d2d18af02d

HF Sinclair Plans Lubricants Spin-Off: Is it a Value-Unlocking Move?

HF Sinclair (DINO) plans to spin off its Lubricants & Specialties division into an independent public company by late 2027, aiming to reduce capital competition and improve strategic focus on core refining, midstream, and renewables businesses. The separation includes retiring the Mississauga refinery and shifting to a capital-light lubricants model. Meanwhile, energy majors Eni and Shell are simplifying portfolios through asset sales and restructuring to unlock value and improve capital allocation.

Eni Builds Uruguay Offshore Presence Through New Exploration Deals

Eni has signed agreements to expand its presence in Uruguay's offshore exploration sector. The Italian energy company will operate the OFF-5 block with MIWEN (YPF subsidiary) holding 50%, and will acquire a 40% stake in the neighboring OFF-6 block operated by APA Corporation. Eni will fund a significant portion of an initial exploration well scheduled for 2027. These moves strengthen Eni's position in Latin America and diversify its upstream operations.

Should You Invest in the VanEck Oil Services ETF (OIH)?

The VanEck Oil Services ETF (OIH) offers exposure to the Energy - Equipment and Services sector with a low expense ratio of 0.35% and $2.05 billion in assets. The ETF has delivered strong year-to-date performance of 53.31% and one-year returns of 73.3%, but carries high risk with a beta of 0.90 and standard deviation of 30.61%. Top holdings include Schlumberger, Baker Hughes, and TechnipFMC, with concentrated exposure across 26 holdings.

UPDATED: TechnipFMC Awarded Significant Flexible Pipe Contract For Azule Energy’s West Hub Tails Project; Contract Is Between $75M-$250M

Contract to supply flexible flowlines and risers by Azule Energy for the West Hub Tails project, an extension of the Block 15/06 Agogo Integrated Development.Under this award, TechnipFMC will design and manufacture