
Equinor to sell 60% interest in Peregrino field to PRIO for $3.5bn
Equinor Brasil Energia, a subsidiary of Equinor, has signed agreements to sell its 60% interest in the Peregrino field in Brazil to PRIO Tigris, a subsidiary of PRIO, for $3.5bn.

Equinor Brasil Energia, a subsidiary of Equinor, has signed agreements to sell its 60% interest in the Peregrino field in Brazil to PRIO Tigris, a subsidiary of PRIO, for $3.5bn.

TotalEnergies and OQEP have announced the ground-breaking of the Marsa LNG plant in the port of Sohar located in northern part of Oman.

INEOS has signed an agreement with Covestro for the supply of natural gas for a period of up to eight years, commencing in 2027.

BKV and Comstock Resources have entered into a preliminary non-binding agreement to advance carbon capture initiatives at two of Comstock’s natural gas processing sites in Texas.

OQ Trading, has entered into a 15-year definitive SPA with Amigo LNG, a subsidiary of LNG Alliance, to purchase 0.6mtpa of LNG.

Gazprom has reported a significant rebound in its financial performance for 2024, registering a net profit of Rbs1.2tn ($14.76bn).

QatarEnergy has entered into a 25-year condensate supply agreement with Shell’s subsidiary, International Eastern Trading Company (SIETCO).

MOL Group and Turkish Petroleum have entered into concession agreements with Hungary’s Ministry of Energy, granting the companies rights for joint hydrocarbon exploration in two concession areas in Hungary: Tamási and Buzsák

As the government’s consultation on the North Sea transition closes, hydrogen is being promoted as a key element of the UK’s energy future.

Indian Oil has reportedly entered a five-year agreement with global commodities trader Trafigura to purchase 2.5mt of LNG.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.