TotalEnergies is offering millions of barrels of Iraq’s Basrah Medium and Basrah Heavy crudes for prompt delivery to Asia this month and next, traders who had received some of these offers told Bloomberg on Friday.
TotalEnergies has agreed to sell its minority non-operated interest in the Marjoram gasfield offshore Malaysia to INPEX for USD 350 million, the companies said on Thursday.
The South Australian government has awarded Santos Ltd a 10-year contract to supply 200 petajoules of domestic natural gas to the state from 2030.
Zephyr Energy has expanded its operated position in Utah’s Paradox basin through the acquisition of an additional 2,294 acres of Utah Trust Lands Administration (TLA) leases, increasing its regional footprint to more than 72,000 gross operated acres.
Iraq signed a five-year agreement with U.S. oilfield services company Halliburton to manage and develop the Bin Umar and Sindbad oil and gas fields in the southern province of Basra, advancing the government’s strategy to expand hydrocarbon production and strengthen fuel supplies for the domestic power sector.
KONGSBERG has been awarded a contract to provide underwater surveillance and protection technology for critical infrastructure, supporting the security of offshore energy assets and other essential facilities for an undisclosed international customer.
XRG has completed the acquisition of an additional equity interest in Trains 4 and 5 of the Rio Grande LNG project in Texas, expanding its ownership across all five liquefaction trains currently under construction at the export facility.
Seven OPEC+ members have agreed to increase collective oil production by 188,000 bpd in August, continuing the gradual rollback of voluntary production cuts while reaffirming their commitment to maintaining market stability.
Altera Infrastructure has signed the principal agreements to supply a new floating production, storage and offloading (FPSO) vessel for Eni’s Baleine Phase 3 development offshore Côte d’Ivoire, marking a key milestone in the expansion of one of West Africa’s largest offshore oil and gas projects.
Oil major, Eni, is pressing on oil and gas trade expansion and has entered into agreement with commodity merchant Mercuria Energy Group Ltd. to drive a global trading strategy seeking growth in an area that has seen huge price swings and profit opportunities during the war in Iran.