
OMV divests 5% stake in Ghasha concession for $594m
Romania’s OMV has concluded the sale of its 5% stake in the Ghasha concession to Lukoil Gulf Upstream for $594m.

Romania’s OMV has concluded the sale of its 5% stake in the Ghasha concession to Lukoil Gulf Upstream for $594m.

Nigeria’s president Bola Tinubu has signed an executive order designed to reduce costs and increase revenue from oil and gas projects.

BP has appointed oil industry veteran Dave Hager to its board, a move that underscores the company’s strategic shift to its core fossil fuel business.

BP Trinidad and Tobago (bpTT) and EOG Resources Trinidad (EOG) have achieved first gas from the Mento gas field, located off the southeast coast of Trinidad.

Energy Transfer LNG Export has signed a 20-year sale and purchase agreement (SPA) with Kyushu Electric Power Company (Kyushu).

NextDecade has entered into a 20-year sale and purchase agreement with JERA, involving the supply of liquefied natural gas (LNG) from the Rio Grande LNG facility’s Train 5.

ADNOC Drilling has signed an agreement to acquire a 70% stake in SLB’s land drilling rigs operations in Kuwait and Oman.

The US Department of Energy (DOE) has granted authorisation for the export of liquefied natural gas (LNG) from Sempra’s proposed Port Arthur LNG Phase 2 project to countries without a free trade agreement (FTA) with the US.

TotalEnergies has agreed to sell its 12.5% nonoperated interest in the OML 118 production sharing contract (PSC), containing the Bonga field, to Shell Nigeria Exploration and Production Company (SNEPCo) for $510m.

Woodside and the North West Shelf Joint Venture have expressed their support for the Federal Government’s proposal to grant environmental approval for the North West Shelf Project Extension.