Carnarvon Energy is set to make a strategic investment in Strike Energy, to acquire up to 19.9% of the company for A$89m ($58m), to be issued as fully paid ordinary shares.
Monumental Energy has successfully resumed commercial production at its Copper Moki-1 and Copper Moki-2 wells in New Zealand’s Taranaki Basin.
MT Group has been awarded a contract to oversee the construction of critical infrastructure at the Brunsbüttel FSRU LNG terminal in Germany.
Turkey has reportedly submitted a draft proposal to Iraq aimed at renewing and broadening their existing energy agreement.
Vår Energi, along with its partners, has announced a significant gas/condensate discovery in the Vidsyn prospect in the Norwegian Sea.
BASF has entered into a strategic ten-year agreement with Equinor, securing an annual supply of up to 23 terawatt hours of natural gas.
ExxonMobil is reportedly in negotiations with Iraq to make a comeback to the nation’s oilfields.
Oilfield services giant SLB issued a cautionary statement on Friday, indicating a possible downturn in global upstream spending in 2025, especially in North and Latin America.
The European Commission has announced the adoption of the 18th sanctions package against Russia by the Council.
Chevron has completed the $53bn acquisition of Hess, following the fulfilment of all necessary closing conditions.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
