Company News
Equinor confirms new gas condensate find offshore NorwayÂ
Equinor and its partners have confirmed a gas/condensate discovery at well 6406/2-L-2 H, located 260km southwest of Brønnøysund.
Category: Industry News
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Company News
CNOOC announces major exploration success in Pearl River Mouth BasinÂ
CNOOC has achieved a milestone in ultra-deepwater natural gas exploration by drilling a well in the Liwan 4-1 structure.
Industry News
Saipem and Newcleo will jointly study offshore applications of nuclear technology
Saipem and Newcleo have partnered to study the how nuclear power can make offshore drilling practices more environmentally friendly.
Deal News
APA to divest non-core assets in Permian Basin for $950mÂ
American oil company APA has announced the signing of an agreement to sell non-core producing properties in the Permian Basin for $950m.  Â
Company News
Aramco launches new initiatives to advance digital solutions and AI in operations Â
Saudi Arabian energy giant Aramco has announced a series of new initiatives aimed at bolstering digital development within its operations. Â
Analyst Comment
Energy transition push in oil and gas witnessing a slowdown
Leading oil and gas players have set themselves decarbonisation targets for both the medium and long term, relying on existing and emerging technologies.
Deal News
Oman’s OQ plans $2bn IPO for exploration and production business
OQ is reportedly planning to launch an IPO for its exploration and production division, OQ Exploration & Production, to raise around $2bn.
Gas
Could Ireland’s Corrib gas field be re-used for hydrogen or wind?
A study has looked at about 20 possible options for the Corrib gas field, which will then be examined in more detail.
Contract News
ADNOC signs 15-year LNG supply deal with IndianOil Â
ADNOC has entered into a 15-year agreement with IndianOil to supply one million metric tonnes per annum (mtpa) of LNG.
Deal News
Pembina Gas Infrastructure to acquire Veren’s midstream assets
Canada’s Pembina Gas Infrastructure (PGI) has signed an agreement to acquire midstream assets from Veren for C$400m.