Abu Dhabi National Oil Company (ADNOC) has secured up to $11 billion in structured, non-recourse financing to support development of its Hail and Ghasha offshore gas project, a key part of the UAE’s strategy to expand domestic gas supply and exports.The financing, arranged with participation from more than 20 global and regional lenders, monetizes future midstream gas production from the Hail and Ghasha fields…
Subsea engineering company TechnipFMC has won a substantial engineering, procurement, construction and installation contract from Italy’s Eni for the Coral North floating liquefied natural gas (FLNG) development offshore Mozambique.The contract covers subsea scope for Coral North…
Italy’s Eni has completed the sale of a 49.99% equity stake in its carbon capture and storage (CCS) business, Eni CCUS Holding, to Global Infrastructure Partners (GIP), infrastructure investor owned by BlackRock.GIP will jointly control the…
Santos has agreed to divest two non-core gas assets in Australia as the oil and gas producer continues to optimize its portfolio and focus capital on priority growth projects.The company said it has executed a conditional sale and purchase agreement to sell its 42…
ConocoPhillips Skandinavia, and its partners Vår Energi, Orlen Upstream Norway, and Petoro, have made a final investment decision (FID) for the joint redevelopment of an oil and gas project in the Greater Ekofisk Area, offshore Norway.The FID is for the Previously Produced Fields (PPF) Project…
The Australian government on Thursday released its first package of offshore oil and gas acreage for bidding since 2022.All five areas are in the Otway Basin offshore Victoria state in Commonwealth waters and come a day after the Victorian government…
Bowdun Offshore Wind Farm, planned for 44 km off Stonehaven in North East Scotland, has submitted the application for planning permission in principle for the onshore infrastructure of the Project to Aberdeenshire Council. The submission covers the elements from the landfall point near Benholm…
South Africa's legacy national oil company, PetroSA, has approved a deal to give Shell Offshore a 60% stake in its Block 2C, off the country's west coast, a document seen by Reuters showed on Monday.If successfully concluded, the agreement will strengthen oil major Shell's SHEL…
Eni has made a significant gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau production sharing contract (PSC), in the Kutei Basin, offshore Indonesia.Estimates indicate 600 billion cubic feet (Bcf) of gas initially in…
Chevron said on Friday it will participate in Nigeria’s next oil licensing round and plans to deploy a drilling rig in late 2026 as it seeks to expand operations in Africa’s top energy producer.Jim Swartz, chairman and managing director of Chevron Nigeria/Mid-Africa Business Unit…
Eni has signed a long-term LNG sales agreement with Thailand’s Gulf Development Company, expanding its presence in Asian gas markets and advancing its plan to build a diversified global liquefied natural gas (LNG) portfolio.Under the 10-year contract…
Turkey's state energy company BOTAS has signed two separate 10-year LNG supply agreements with Germany's state-owned SEFE and Italy's Eni on the margins of the World LNG Summit in Istanbul, the company said on Wednesday.Under the BOTAS–SEFE deal…
Eni has started up Phase 2 of its Congo LNG project ahead of schedule, following the arrival of the Nguya floating liquefied natural gas (FLNG) unit into Congolese waters and the introduction of gas into the new infrastructure.Eni said it expects the first LNG cargo to be exported in early 2026…
Strategic Marine has delivered two 42-metre next-generation fast crew boats to NMDC LTS, marking the company’s first vessel delivery to the Middle East offshore services provider.The Generation 4 aluminium vessels were developed in partnership…
Shell is ready to invest more in Italy to boost hydrocarbon production, the head of the energy group's Italian unit said on Wednesday, urging the government to allow new drilling.Shell currently spends some 500 million euros ($578 million) a year in Italy…
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