Exxon Mobil has outlined plans for a $10bn investment in offshore oil operations in Nigeria, reported Reuters.
Italian energy company Eni is close to finalising a deal with investment firm KKR for the sale of a stake in its biofuel unit Enilive, while also attracting interest from other potential investors, reported Reuters citing two sources.
Validus Energy, a privately held oil and gas producer, has agreed to acquire Citizen Energy for over $2bn, including debt, Reuters reported.
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The Norwegian Energy Ministry unveiled the transport and storage facility in Øygarden, near Bergens, to aid Europe’s energy transition.
Pakistan’s OHDCL has announced that Sawan South Joint Venture has discovered has in district Khairpur, Sindh Province.
Technip Energies and JGC Corporation have been awarded the FEED contract for the Rovuma LNG project in Mozambique.
Prio is currently in optimistic discussions with China’s Sinochem regarding the acquisition of a 40% stake in the Peregrino oil field.
Aramco has been forced to raise $3bn from Islamic bonds to pay dividends, all while Saudi Arabia plans to rescind its $100 a barrel oil price
Almost 30% of the Gulf of Mexico oil activities are now shut-in, as Hurricane Helene approaches.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
