Equinor has announced plans to invest between Nkr60bn and Nkr70bn ($5.7bn to $6.7bn) annually in offshore operations in Norway until 2035.
New Zealand is planning to pass legislation by the end of the year to lift the ban on offshore oil and gas exploration, reported Reuters.
Qatar state-owned QatarEnergy has signed a liquified natural gas (LNG) supply agreement with Kuwait Petroleum Corporation (KPC).
Amigo LNG, a subsidiary of Singapore-based LNG Alliance, has secured a long-term LNG supply agreement with E&H ENERGY of Malaysia
Hibiscus Petroleum has entered into a farm-in agreement to acquire a 30% participating interest in a block PETRONAS Carigali.
Eni has secured approvals and licence extensions from Indonesian authorities, paving the way for the development of gas production.
ONGC has opened a new well in its deep-sea project in the KG basin, aiming to enhance the production of crude oil and natural gas.
Demand for sustainable aviation fuel (SAF) is likely to increase in the next few years as airlines attempt to allay environmental concerns.
OMV Norge, the Norwegian arm of Austrian oil and gas company OMV, has made a major gas discovery offshore Norway.
Vietnam’s Cai Mep LNG terminal is searching for its first cargo to begin commissioning tests for the facility.
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