The operator of the Jerun field in Malaysia, SapuraOMV Upstream Sdn Bhd, has announced that first gas has been achieved. Shell plc has a 30% equity stake in the field, through its Malaysian subsidiary, Sarawak Shell Berhad, and made a final investment decision on...
Reference is made to the joint stock exchange announcement on 18 September 2023 by TGS ASA and PGS ASA) regarding the combination of the two companies, as well as the announcements on 25 October 2023 and 1 December 2023 regarding, respectively, the execution of...
Yinson GreenTech (YGT) and Eastern Pacific Shipping (EPS) completed Singapore’s first cargo and crew deliveries by a fully electric vessel. These achievements, spearheaded by YGT’s marine electrification business, marinEV, demonstrate the viability of electric solutions for real-world cargo transportation within busy port environments, paving...
PGS, a leading provider of seismic and reservoir data for energy exploration and development, has data over 10 offshore blocks on offer in the Nigeria 2024 Bid Round announced this week.
May 2, 2024
On Monday 29 April 2024, the Nigeria Upstream Petroleum Regulatory Commission (NUPRC)...
Aberdeen Business News ----BALMORAL Comtec, a Balmoral Group company and a major provider of buoyancy, protection and insulation services to the global offshore energy market, has secured a multi-million-pound contract from TechnipFMC to supply more than 600 buoyancy modules for Equinor’s Rosebank project. This...
APA Corporation said that its acquisition plan of Callon Petroleum Company has been completed. The transaction was approved by APA and Callon shareholders at special meetings held on March 27, 2024.
“We are very pleased to close this transaction as Callon’s assets bring scale to...
Woodside Energy has signed a non-binding Memorandum of Understanding (MOU) with three Japanese companies to enable studies of a potential carbon, capture and storage (CCS) value chain between Japan and Australia. Under the MOU, Sumitomo Corporation, Toho Gas Co., Ltd. and Kawasaki Kisen Kaisha,...
Neptune Energy has confirmed the media releases from its partner, Equinor, on the successful oil and gas discovery near the Fram field in the Norwegian sector of the North Sea. Neptune holds a 15 per cent share in the discovery, which is situated within...
Equinor (operator), Repsol Sinopec Brasil and Petrobras have taken the investment decision to develop the BM-C-33 project in Brazil. The investment is of approximately USD 9 billion.
Located in the Campos Basin, BM-C-33 comprises three different pre-salt discoveries – Pão de Açúcar, Gávea and Seat...
Eni has begun offloading the first LNG cargo into Snam’s new regasification terminal in Piombino today, in the presence of the Minister of the Environment and Energy Security, Gilberto Pichetto Fratin. The terminal has a total processing capacity of 5 billion cubic metres per...
Suncor Energy has agreed to purchase TotalEnergies' Canadian operations through the acquisition of TotalEnergies EP Canada Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project (Fort Hills) and a 50% working interest in the Surmont in situ asset....
During 2021, Asia is positioned as the main destination for oil produced in Gabon.Out of a total of 65.9 million barrels of oil exported for a value of 2555.8 billion FCFA, China, India and South Korea alone captured 60%.The information is contained in the...
Owing to Europe rising gas demand which is attributed to raging war between Russian and Ukraine, ADNOC and RWE Aktiengesellschaft (RWE) have jointly delivered the first-ever shipment of Liquefied Natural Gas (LNG) from the Middle East to the Elbehafen floating LNG terminal in Brunsbüttel,...
Recently at the World Government Summit holding in Dubai, Makhtar Diop, managing director of the US-headquarteredInternational Finance Corporation (IFC), has stated that the world needs about $9 trillion of investment annually to tackle climate action and about $1 trillion annually to exertenergy transitionin many...
Africa Oil Corphas announced that it has signed two production sharing contracts (PSCs) with the Republic ofEquatorial Guineafor offshore Blocks EG-18 and EG-31. These PSCs are subject to ratification by the country’s government. Africa Oil will hold eighty per cent (80%) operated interests in...