Category: Oil & Gas
Petrobras boosts production with ramp-up of FPSOs
The platform has the capacity to produce 180,000 bopd, besides compressing and re-injecting 12 million m³ of gas per day.
Eni signs 20-year LNG supply deal with Venture Global
This deal marks a significant milestone for the company and is further recognition of our growing global energy leadership and strong record of execution
PETRONAS signs 20-year LNG purchase deal with Venture Global
Under the terms of the SPA, PETRONAS will purchase 1 million tonnes per annum (MMtpa) of liquefied natural gas (LNG) from Venture Global’s third facility, CP2 LNG, for 20 years.
FG sells ₦219.38 billion worth of crude oil to Dangote in four months
This decision is necessary to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which are currently denominated in US dollars.
Carlyle, Diversified Energy to invest $2 billion in producing U.S. assets
Diversified will serve as the operator and servicer of the newly acquired assets.
Israel-Iran tensions ease, crude oil prices dip to $73 per barrel
The decline follows Iran’s expressed willingness to de-escalate and re-engage in nuclear negotiations with Israel.
Energean ready to go deep into Africa
Rigas also elaborated on why the company’s 15 years of experience in Egypt put it in good stead to explore the wider region.
Saudi Arabia’s mega Hydrogen project now 80% complete
The company aims to reduce the cost of carbon capture by 50% to ensure commercial viability and has set a target to store around 9 million tonnes of CO?
ADNOC Gas awards $5 billion in contracts for Rich Gas Development Project
This strategic investment is expected to deliver significant new value for our shareholders and enable continued sustainable growth for the company, our employees, and the UAE.
Decline in oil prices delays Nigeria’s $5 billion loan negotiation with Aramco
A drop in oil prices means Nigeria would need to commit more crude to secure the loan