Brazilian state-controlled firm Petrobras has begun the binding phase of selling its 25% minority stake in the exploration, development and production rights of oil and natural gas in the Tartaruga field, offshore Brazil.
Petronas has transferred its operatorship for the Kebabangan Cluster fields in Sabah, Malaysia, to ConocoPhillips Sabah Gas.
Trump’s recent executive order to halt the disbursement of funds, targets programmes that discourage fossil fuel development.
Kirkland and Ellis secured the top position as the leading mergers and acquisitions legal adviser in the oil and gas sector in 2024, in terms of both deal value and volume.
Citi and Jefferies topped the list of financial advisers for mergers and acquisitions in the oil & gas sector based on value and volume respectively 2024.
TotalEnergies has announced that the anticipated start of its $20bn Mozambique LNG project will be postponed beyond 2029.
BPCL has announced plans to invest $121m in the development of the Nunukan oil and gas block in Indonesia.
EnQuest has signed a sale and purchase agreement to acquire Harbour Energy’s Vietnam business, marking an expansion of its operations in Southeast Asia.
A new briefing predicts that Trump’s expected trade and tech wars will be his policy areas with the most global impact potential.
Aker Solutions has signed a partnership with Vår Energi to deliver maintenance and modification services for NCS assets.
