Malaysia’s MISC Berhad has secured its first floating production unit (FPU) project in Brunei after receiving a letter of award from PETRONAS Carigali Brunei (PCBL) for the lease, operation and maintenance of the facility for a natural gas development project…
Brazil's Petrobras could start producing at the Sudoeste de Tartaruga Verde block in about two years, Sylvia Anjos, the state-run oil firm's head of exploration and production, said on Friday.The firm made a discovery at the block, located in the country's Campos basin…
Japan’s JERA, the country’s largest power producer, has signed its first long-term liquefied natural gas (LNG) supply agreement outside Japan with India’s Torrent Power.Under the 10-year deal beginning in 2027, JERA will supply four LNG cargoes a year…
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…
Glenfarne Group’s Texas LNG project has signed a binding 20-year sales and purchase agreement with Macquarie Energy for 0.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG).The agreement converts a previously non-binding heads of agreement into a definitive contract as the Brownsville…
Petrobras and Shell have increased their participation in Brazil’s Atapu and Mero pre-salt reservoirs after securing additional equity in an auction held by Pré-Sal Petróleo (PPSA).The consortium formed by Petrobras (80%), in partnership with Shell Brasil Petróleo (20%)…
The Australian unit of U.S. oil giant Chevron said on Friday that the partners of the Gorgon Joint Venture have approved the A$3 billion ($1.98 billion) Gorgon Stage 3 development off Western Australia's northwest coast.The development will…
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