Ethos Energy Group Ltd. (EthosEnergy) has secured a multi-year operations and maintenance deal for the Rhode Island State Energy Center (RISEC), a two-by-one combined-cycle gas turbine power plant outside Providence, Rhode Island. The plant is owned by Shell Energy North America (US) LP. Commissioned in 2002, the plant has a nominal output of 596 megawatts, making it one of the most efficient and reliable energy sources in the region, EthosEnergy noted. EthosEnergy said that under the agreement with RISEC, it will provide a full range of operations and maintenance services, encompassing health, safety, the environment and NERC compliance, along with 24/7 remote monitoring, IT/OT services, human resources and procurement support. “This agreement with Rhode Island State Energy Center is a testament to the strength of our operations and maintenance team and capabilities to manage critical energy infrastructure”, EthosEnergy CEO Ana Amicarella said. “It reflects our commitment to safety, operational excellence, continuous improvement, and innovation, and reinforces our role as a trusted partner in driving reliability and performance as the industry evolves”. Driven by two SGT6-5000F gas turbines and a GE D11 steam turbine, this facility supplies the ISO New England market. Thanks to this new agreement, EthosEnergy said it enhances its footprint in the Northeast. “This award builds on EthosEnergy’s growing momentum of our diverse global O&M fleet and integrated OneEthos portfolio of products and services as the company supports asset owners navigating energy transition, decarbonization goals, and evolving market demands”, Iain O’Brien, SVP Operations of EthosEnergy, added. To contact the author, email [email protected] WHAT DO YOU THINK? Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed. MORE FROM THIS AUTHOR

Schlumberger Ltd./NV (SLB) said Wednesday it had completed the acquisition of ChampionX Corp., after the oilfield tech companies resolved competition concerns raised by a few countries. ChampionX shareholders received 0.735 SLB shares per share they held at ChampionX. “With the closing of the transaction, former ChampionX shareholders now own approximately 9 percent of SLB’s outstanding shares of common stock”, SLB confirmed in a statement online. “This strategic acquisition strengthens SLB’s leadership in the production and recovery space”, SLB said. “The integration of ChampionX production chemicals and its complementary artificial lift, digital, and emissions technologies enhances the SLB portfolio, helping to drive performance and extend asset life along the production lifecycle. “The combination of ChampionX’s leading production-focused solutions and customer relationships throughout North America and beyond, with SLB’s strong international presence and history of innovation, will drive significant value for customers and stakeholders globally. “The acquisition also brings together two distinct sets of experts with domain knowledge and customer insights across the entire production and recovery space”. The statement added, “SLB remains on track to return $4 billion to shareholders in 2025 and expects to realize annual pretax synergies from the ChampionX acquisition of approximately $400 million within the first three years post-closing through revenue growth and cost savings”. SLB chief executive Olivier Le Peuch commented, “This acquisition comes at a pivotal time in the industry as our customers increasingly prioritize advancements in production to maximize recovery of oil and gas”. “It extends our capability to provide integrated production solutions and provides another platform for accelerating digital adoption, optimizing production and reducing total cost of ownership for our customers”, Le Peuch added. Regulators in the United States, Canada, Norway and the United Kingdom had held off the merger on risks to market competition. To clear the regulatory hurdles, SLB and ChampionX

Will all oil and gas companies have to adopt generative artificial intelligence (AI) at some point? That was the question Rigzone posed to Toni Fadnes, the Chief Transformation Officer (CTO) of Pions, which recently changed its name from eDrilling. Responding to the question, Fadnes told Rigzone, “those in an actual competitive environment, yes”. “Those, for example, national oil companies that will get ‘favorized’ by governments etc. do not need to get better, be better, reduce emissions, etc., because there are no real consequences,” he added. When he was asked when that ‘some point’ will be, Fadnes told Rigzone that “it will happen sooner than we think”. “Everything in this ‘AI revolution’ has gone faster than first assumed and it keeps on speeding up,” he added. “For example, we can already now shave 40-70 percent of a drilling engineer’s time, allowing them do what they are/were supposed to,” he continued. Rigzone has contacted the International Association of Oil and Gas Producers (IOGP) for comment on Fadnes’ statements. At the time of writing, the IOGP has not responded to Rigzone. The IOGP describes itself on its website as the global voice of its industry, “pioneering excellence in safe, efficient, and sustainable energy supply”. “Our members, integrated energy companies, national oil companies, independent upstream operators, service companies, and industry associations operate around the globe, supplying over 40 percent of the world’s oil and gas demand,” the IOGP states on its site. In a release sent to Rigzone back in May by Fadnes, eDrilling announced that it had changed its name to Pions “to reflect the company’s broader vision, evolving technology, and growing ambitions”. The website of eDrilling has been updated to reflect the company’s rebrand. On the new website’s ‘about’ section, Pions states, “we build AI-powered engineers. Agents that think, act, and collaborate with

Google has signed an agreement for up to 3,000 megawatts (MW) of hydroelectric power across the USA from Brookfield Asset Management and Brookfield Renewable. The hydro framework agreement is the “first of its kind” and the “world’s largest corporate clean power deal for hydroelectricity,” Brookfield said in a statement. The first contracts executed under the agreement are for Brookfield’s Holtwood and Safe Harbor hydroelectric facilities in Pennsylvania, representing more than $3 billion of power and 670 MW of capacity, the company said. Under the agreement, Google can procure carbon-free electricity from up to 3,000 MW of hydroelectric assets that will be relicensed, overhauled, or upgraded to extend the asset’s useful life and continue adding power to the grid, according to the statement. The first contracted assets consist of hydroelectric facilities in Pennsylvania that Brookfield is re-licensing. Brookfield and Google will initially focus on the mid-Atlantic (PJM) and mid-continent (MISO) electricity markets, with the flexibility to expand into other U.S. regions, the statement said. The 20-year power purchase agreements (PPAs) for Brookfield’s Holtwood and Safe Harbor hydroelectric facilities in Pennsylvania will support Google’s operations across PJM. The transaction structure allows Brookfield to maintain existing commitments to power consumers such as Amtrak from the Safe Harbor facility, the company said. Amanda Peterson Corio, Head of Data Center Energy at Google, said, “At Google, we’re dedicated to responsibly growing the digital infrastructure that powers daily life for people, communities and businesses. This collaboration with Brookfield is a significant step forward, ensuring clean energy supply in the PJM region where we operate. Hydropower is a proven, low-cost technology, offering dependable, homegrown, carbon-free electricity that creates jobs and builds a stronger grid for all”. Brookfield Asset Management President Connor Teskey said, “Our partnership with Google demonstrates the critical role that hydropower can play in helping

Eni SpA said Wednesday it had signed an agreement to buy two million metric tons per annum (MMtpa) of liquefied natural gas (LNG) for 20 years from Venture Global Inc.’s under-construction CP2 LNG in Cameron Parish, Louisiana. The Italian state-backed energy major expects deliveries, from phase 1 of the project, to begin by 2030. CP2 LNG is expected to start up 2027. “The agreement is Eni’s first long-term LNG supply from the United States and represents a significant milestone in Eni’s strategy to expand and diversify its global LNG footprint, enhancing portfolio flexibility. Part of these volumes will contribute to the diversification of Europe’s gas supplies”, Eni said in a statement online.  “Venture Global’s proven success in project delivery will support Eni’s ambitions to grow its LNG portfolio to approximately 20 MTPA [million metric tons per annum] of contracted volumes by 2030, and to expand its trading business while meeting the evolving needs of customers across key markets worldwide”. Arlington, Virginia-based Venture Global has already been supplying Italy with LNG through its Calcasieu Pass and Plaquemines LNG facilities, according to the company. “Italy is an important ally and trading partner to the United States, and we are grateful for the trust of Eni as our newest customer. This deal marks a significant milestone for the company and is further recognition of our growing global energy leadership and strong record of execution”, Venture Global chief executive Mike Sabel said in a separate press release on Venture Global’s website. Last week another European company, Germany’s state-owned SEFE Securing Energy for Europe GmbH, announced the finalization of an agreement to increase its offtake from CP2 LNG to three MMtpa. The deal adds 750,000 metric tons a year to the 2023 agreement between Venture Global and SEFE. “Venture Global is expected to become Germany’s largest

Kinder Morgan Inc. on Wednesday reported $615 million in adjusted net income attributable to common shares for the second quarter, up 13 percent from the same three-month period last year thanks to higher volumes of transported natural gas and refined oil products. The adjusted earnings per share (EPS) of $0.28 was in line with the Zacks Consensus Estimate. Kinder Morgan closed lower at $27.91 on the New York Stock Exchange on Wednesday. Adjusted net profit attributable to Kinder Morgan was $619 million. This metric is different from the company’s adjusted net profit attributable to common stock, which is equal to adjusted net profit attributable to Kinder Morgan minus net profit allotted to participating securities and adjusted net profit in excess of distributions for participating securities.  Before adjustment for nonrecurring items, net profit attributable to Kinder Morgan was $715 million, up from $575 million for Q2 2024. Adjusted earnings before interest, taxes, depreciation and amortization grew six percent from $1.86 billion to $1.97 billion. Kinder Morgan’s natural gas pipelines carried 44.59 trillion British thermal units per day (Btupd) during Q2 2025, up from 43.12 trillion Btupd in Q2 2024, while sales volumes also rose to 2.83 trillion Btupd. Its products pipelines transported 1.02 million barrels per day (MMbpd) of gasoline, 369,000 bpd of diesel fuel and 325,000 bpd of jet fuel – up from one MMbpd, 354,000 bpd and 313,000 bpd respectively. “The Natural Gas Pipelines business segment’s improved financial performance in the second quarter of 2025 relative to the second quarter of 2024 was due primarily to continued higher contributions from both our Texas Intrastate system and Tennessee Gas Pipeline (TGP)”, said Kinder Morgan president Tom Martin. “Natural gas transport volumes were up 3 percent compared to the second quarter of 2024 primarily due to LNG deliveries on TGP, as well as new