Industry News
Argentina approves Vaca Muerta gas pipeline expansion
The Argentine government has approved a $500m private sector project to upgrade the gas pipeline system connecting to the Vaca Muerta shale region.
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Company News
Erawin field development produces first oil in Libya
Libya’s Erawin oil field has achieved a key milestone with the first oil production, advancing the country’s oil and gas efforts.
Contract News
Jordan signs agreement to utilise Egypt’s gas infrastructure
Jordan and Egypt signed an agreement granting Jordan two-year access to Egypt’s FSRUs.
Company News
CNOOC starts production at the Jinzhou 23-2 oilfield development project
CNOOC has begun production at the Jinzhou 23-2 oilfield to enhance energy supply in the Beijing-Tianjin-Hebei region.
Company News
QatarEnergy inks LNG supply deal with Shell for China
QatarEnergy has signed a long-term deal with Shell to supply three million tonnes of LNG annually to China, starting in January 2025.
Company News
TotalEnergies plans $750m gas project in Nigeria to boost LNGÂ
TotalEnergies is considering a $750m (N1.25tn) gas project in Nigeria to boost liquefied natural gas (LNG) supplies, reported Bloomberg. Â
Company News
Ecopetrol to allocate half of 2025 budget to exploration and production
Ecopetrol’s board has approved a 2025 investment budget of 24-28 trillion pesos for crude and gas exploration and production.
Deal News
ONGC Videsh acquires stake in Azeri oilfield from EquinorÂ
ONGC announced that its international arm ONGC Videsh has acquired a 0.615% participating interest in the ACG oilfield from Equinor. Â
Deal News
GeoPark signs exclusive binding agreement to Acquire Repsol’s Colombian assets
GeoPark has signed binding SPAs to acquire Repsol’s upstream oil and gas assets in Colombia, expanding its presence in the Llanos Basin.