
Aker BP has decided to prolong its alliance agreement with SLB and Stimwell Services in a bid to speed up and increase oil production by keeping the Well Intervention and Stimulation Alliance busy for five more years.

Spanish shipping and chemicals company Forestal del Atlántico and Germany’s chemical manufacturing player BASF have inked an early disclosure agreement (EDA) with the goal of accelerating the production of e-methanol (eMeOH) through carbon capture solutions. Under the terms of the agreement, BASF is