Europe may need to maintain competitive pricing to secure the additional 30 billion cubic metres (bcm) of liquefied natural gas (LNG) required to replenish its gas storage levels.
New Fortress Energy has completed the sale of its Jamaican assets and operations to Excelerate Energy for $1.055bn.
Strathcona Resources has entered into definitive agreements for the sale of its assets located in Montney, Canada, for approximately C$2.84bn ($2bn).
Ertha Energy was honoured to receive an award from SIRIM, recognising the company’s commitment to adopting a more holistic approach to ESG in its operations. In conjunction with this prestigious recognition, Ertha Energy also celebrated a significant milestone by formally receiving the ISO 9001 certification. This international standard acknowledges the company’s dedication to maintaining a robust quality management system and reinforces its continuous commitment to excellence, customer satisfaction, and continuous improvement.
McDermott has completed the Scarborough floating production unit (FPU) floatover project for Woodside Energy.
Italian energy firm Eni has commenced gas production from the Merakes East field, located in the Kutei basin, offshore Indonesia.
The US Department of the Interior has announced a policy update by the Bureau of Land Management (BLM) to expedite the oil and gas leasing process on public lands.
Woodside Energy and Aramco have signed a non-binding agreement to explore potential collaborations in the Louisiana LNG project and securing LNG offtake rights.
As the largest importer of ethylene, China’s capacity expansion is a strategic effort to reduce reliance on imports.
Commonwealth LNG and KTG have finalised binding agreements with Glencore to establish a strategic partnership in natural gas and LNG.
