Industry News
Russia sees May oil revenue jump 50% as sanctions lose their impact
Russia’s annual oil proceeds have almost doubled with the nation adapting to international sanctions, and benefiting from higher oil prices
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Deal News
Hungary’s MVM to acquire minority stake in Azerbaijan’s Shah Deniz gas fieldÂ
MVM has agreed to purchase a 5% stake in Azerbaijan’s Shah Deniz gas field from state-owned Southern Gas Corridor (SGC). Â
Deal News
QatarEnergy partners with Taiwan’s CPC for LNG supply and expansion projectÂ
QatarEnergy has finalised a long-term agreement with CPC of Taiwan, entailing the supply of LNG and a partnership in the
Deal News
Pantheon signs preliminary gas supply deal for Alaska LNG projectÂ
Great Bear Pantheon, a subsidiary of Pantheon Resources, has signed a gas sales precedent agreement with 8 Star Alaska.
Company News
TotalEnergies and APA nearing FID for Block 58 offshore SurinameÂ
TotalEnergies and APA are on track to make a final investment decision (FID) regarding Suriname’s Block 58 by the fourth
Analyst Comment
China to lead upcoming oil and gas projects starts in Asia-Pacific by 2028
Asia-Pacific is anticipated to witness the start of operations of 1,946 projects across the oil and gas value chain.
Contract News
Transocean secures $161m contract extensions for semi-submersibles
US-based Transocean has secured contract extensions for three of its harsh environment semisubmersibles.
Contract News
Seatrium secures LOI for Kaskida FPU project in US Gulf of Mexico
Seatrium has secured a letter of intent (LOI) from BP Exploration & Production for preliminary engineering services on the Kaskida
Industry News
ADNOC sought billion-dollar deals during UAE’s COP28 presidency, investigation reveals Â
Investigation by the international NGO Global Witness alleged ADNOC pursued oil, gas, and petrochemical deals worth close to $100bn at
Energy
BP’s FPSO vessel for Mauritania-Senegal project arrives
BP has received the floating production storage and offloading vessel for the Greater Tortue Ahmeyim (GTA) project off Mauritania and