Category: Industry News

Malaysian state energy company Petronas is considering the sale of its Canadian assets, potentially valued between $6bn and $7bn.

Venture Global has commenced full mobilisation and initiated site work at its CP2 LNG export facility, following the receipt of final approval from the US Federal Energy Regulatory Commission.

Shell Trinidad and Tobago has announced its FID to commence production at the Aphrodite gas field in the East Coast Marine Area (ECMA).

US energy firm Glenfarne has announced more than $115bn of strategic partner interest for Alaska LNG project.

Diamondback Energy’s subsidiary Viper Energy has agreed to acquire Sitio Royalties in an all-equity transaction valued at around $4.1bn.

ONEOK has acquired the remaining 49.9% interest in the Delaware Basin joint venture (JV) from NGP XI Midstream Holdings for $940m.

TPAO has joined production-sharing agreement (PSA) with Azerbaijan’s SOCAR and BP for the Shafaq-Asiman offshore block in the Caspian Sea.

Woodside Energy, the operator of Senegal’s Sangomar oil and gas field, has initiated arbitration proceedings against the West African nation.

Alberta’s wildfires have led to the suspension of approximately 350,000 barrels of daily heavy crude production.

Cactus Companies has agreed to acquire a 65% controlling stake in Baker Hughes’ Surface Pressure Control (SPC) business.