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...
KeyFacts Energy provide the following review of global oil and gas discoveries in 2022:
December 2022:PTTEPhas announced another gas discovery in Malaysia from the exploration well, Paprika-1, in Block SK410B. The discovery provides PTTEP with a further development opportunity in Northern Sarawak and supports the...
Vår Energi ASA has confirmed discovery of gas in the Vår Energi operated 7122/9-1 T2 (Lupa) well in the Goliat area, Barents Sea.
Preliminary estimates of the size of the discovery are between 57-132 million barrels of recoverable oil equivalent (9-21 billion Sm3 recoverable gas...
Woodside fully supports policies that aim to bring down cost of living pressures for Australian households. The Federal Government’s broader plan to intervene in the Australian gas market will not meet this objective and could make matters worse.
Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has agreed to sell its stake in two offshore production sharing contracts (PSC) in the Baram Delta to Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP). The sale concerns non-operated interests of 40% in the...
Phase 1 of Askeladd will bring 18 billion cubic metres of gas and two million cubic metres of condensate to the market via the Hammerfest LNG plant on Melkøya.
Askeladd is a satellite field of the Snøhvit Field and developed as a subsea tie-in to...
Petrofac, a leading provider of services to the global energy industry, has been selected by Shell to undertake new Engineering and Procurement Services (EPS) scopes in Oman.
The first is a five-year EPS contract for Shell’s Block-10 Mabrouk Phase-2 Project, located in the Al Wusta...
bp Trinidad and Tobago has confirmed its Cassia C development has safely delivered first gas.
Cassia C is bpTT’s first offshore compression platform and its biggest offshore facility. It will enable bpTT to access and produce low pressure gas resources from the Greater Cassia Area....
Shell Petroleum NV, a wholly owned subsidiary of Shell plc, has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners and Sampension to acquire 100% shareholding of Nature Energy Biogas A/S for nearly USD $2 billion (€ 1.9 billion). The acquisition...
Neptune Energy has called on the UK Government to support regulatory changes to the country's gas entry specifications to deliver more domestic gas to households and businesses from next year. In the longer term, revising the specification could unlock enough gas to heat more...
PVE Consulting has been engaged by Genel Energy, the independent oil and gas exploration company with assets in Morocco, the Kurdistan Region of Iraq, and Somaliland, to carry out a Joint Venture partner search for its Lagzira licence, offshore Morocco.
Neptune Energy announced that drilling has commenced on the Calypso exploration well in the Norwegian Sea.
The exploration well, 6407/8-8 S, is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell Drilling. The Calypso prospect is located 14...
.jpg)
.jpg)
