Australia’s Woodside Energy has signed an agreement with Dutch-based OCI Global to acquire its clean ammonia project for $2.35 billion, which is still under construction on the U.S. Gulf Coast in Texas.Woodside has entered into a binding agreement to acquire 100% of OCI Clean Ammonia Holding…
Portuguese oil and gas company Galp has signed a sales and purchase agreement (SPA) with liquefied natural gas (LNG) producer and exporter Cheniere for access to U.S. LNG.The agreement includes a 20-year 0.5 mtpa delivery contingent to FID of…
Western Australia's environment regulator said on Monday it expects to release its recommendations on Woodside Energy's Browse gas project in 2025, after a newspaper reported the huge project might be rejected by the regulator.The $20.5 billion…
Representatives of BP and Abu Dhabi's state oil giant met Cypriot Energy Ministry officials on Friday to explore investments in the country's emerging natural gas sector, a source familiar with consultations said.BP and ADNOC earlier this year…
Norwegian shipbuilder Vard has signed a contract with Wind Energy Construction for the design and construction of a new energy construction vessel (ECV), securing also an option for one additional vessel.Wind Energy Construction is a Norwegian…
SLB OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has secured a major contract from Petrobras for the supply of subsea production systems and related services for two ultra-deepwater fields offshore Brazil.As part of the…
The floating production, storage, and offloading (FPSO) Almirante Tamandaré, which is set to be the largest to ever operate in Brazilian waters, has started its journey from China to serve Petrobras in the Santos Basin.The FPSO started its journey…
Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising output from its purchase this year of shale oil firm Pioneer Natural Resources.Exxon delivered a $2.14 a share profit that beat analysts'…
Canada-based oil and gas company Valeura Energy has begun the process of restarting the production operations at the Wassana field in the Gulf of Thailand, following inspection of mobile offshore production unit (MOPU).Valeura implemented a precautionary suspension of oil production on June 28…
RWE has appointed Kevin Kroll to serve as Chief Operating Officer (COO) of its U.S. renewables business, RWE Clean Energy.Starting August 1, under the lead of Andrew Flanagan, CEO of RWE Clean Energy, Kroll will complete the Executive Leadership…
U.S. oil and gas producer ConocoPhillips' COP.N second-quarter profit beat Wall Street estimates on Thursday, benefiting from higher output and commodity prices.The beat comes as ConocoPhillips is pursuing a $22.5 billion takeover of Marathon Oil MRO…
Ivory Coast's council of ministers on Thursday approved the signing of production-sharing agreements with Eni relating to four oil blocks.Under the deal, a minimum of $80 million will be invested in blocks CI-504, CI-526, CI-706 and CI-708 over an initial three-year exploration period…
Italian cable maker and installation services provider Prysmian has signed a contract, worth around $647 million (€600 million), to supply and install new interconnector between Victoria and Tasmania that will facilitate the flow of renewable energy between the two Australia’s states…
TotalEnergies EP Nederland has awarded a multi-million-dollar front-end-engineering design (FEED) contract to Petrofac for a CO2 injection platform as part of the Aramis carbon capture and storage (CCS) project in the Netherlands.The project…
Britain's decision to increase a windfall tax on oil and gas producers to help pay for its push to grow renewables will lead to a sharp drop in revenue and accelerate the ageing basin's decline, North Sea drillers said.The new Labour government…
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