Category: News

Outrigger Energy II has finalised the sale of its Williston Basin midstream system in North Dakota, US, to Hiland Partners, a subsidiary of Kinder Morgan, in a deal valued at $640m.

US oil and gas company Occidental has signed two agreements to divest certain upstream assets for a combined value of $1.2bn.

Arabian Drilling has signed a MoU with Shelf Drilling to form a strategic alliance aimed at enhancing international offshore drilling services.

BKV, has announced a new carbon capture and sequestration (CCS) project in collaboration with a midstream energy company at an operating natural gas plant located near Freer city, within the Eagle Ford Shale in South Texas, US.

Petronas, through its division Malaysia Petroleum Management (MPM), has concluded the Malaysia Bid Round 2024 (MBR 2024) with the finalisation of two production sharing contracts (PSCs), SB306A and SB306B.

Invictus Energy has announced that Zimbabwe’s EMA has approved the ESIA for Cabora Bassa project’s pilot production activities.

KKR has entered an agreement to acquire an additional 5% stake in Italian energy major Eni’s biofuel business Enilive.

Kazakhstan’s primary oil export route, managed by the Caspian Pipeline Consortium (CPC), was disrupted due to a drone strike at the Kropotkinskaya pumping station.

Woodside Energy is in discussions with several potential partners to sell stakes in its Louisiana liquefied natural gas (LNG) project.

Eni, Total Energies and the ministers of Egypt and Cyprus, have signed a Host Government Agreement (HGA) for the exploration of Cyprus’s Cronos Block 6 resources.