Category: Company News

Comet Ridge reports progress on the Mahalo gas hub, citing successful drilling of the Mahalo East 1 and 2 wells.

Petrobras has revealed a $1.1bn reduction in its planned investment for decommissioning oil and gas platforms by the end of 2029.

bp is looking for buyers for a stake in its US natural gas pipeline system, with potential deals worth up to $3bn.

CryoSys has signed an agreement  with PIC Americas to provide advanced pretreatment and liquefaction solutions for a planned 7.2 million tonnes per annum (Mtpa) LNG export facility on the Texas Gulf Coast.

Petrobras, through its Colombian branch PIB-COL, and Ecopetrol have announced a significant gas discovery in Colombia.

CNX Resources has entered into an agreement to acquire Apex Energy II’s upstream natural gas and midstream business, managed by Carnelian Energy Capital.

Wood has secured three major agreements with BP to provide engineering and project delivery services for its global capital projects.

Chevron has outlined its capital expenditure (capex) budget for 2025, indicating a $2bn year-over-year reduction.

Equinor and Shell have unveiled plans to form a joint venture (JV) that will combine their UK offshore oil and gas assets.

PETRONAS, through its upstream arm Malaysia Petroleum Management (MPM), has awarded Production Sharing Contracts (PSCs) for four new ventures as part of the Malaysia Bid Round (MBR) 2024.