Saudi Arabia’s oil giant, Aramco, told Reuters on Thursday that reports it was considering a bid for Australia’s Santos gas producer were inaccurate following widespread publication of a Bloomberg news report that both Aramco and the UAE’s Adnoc were considering bids for the Australian company.
Nigeria’s upstream oil regulator has approved two key onshore assets sale by international oil companies, clearing the way for Oando and new entrant Project Odinmim, to acquire assets, the head of the agency, Gbenga Komolafe, said on Wednesday.
The first oil shipment destined for Uganda docked at the port of Mombasa on Wednesday, marking an end of Kenyan oil market companies fuel transit business to the neighbouring country.
The Petroleum Commission (PC) has signed four agreements with international firms in a bid to secure advanced geological data – 3D seismic data – on the country’s oil fields, according to Director-Local Content, Kwaku Boateng.
IOCs active in Iraqi Kurdistan finally yielded to Baghdad’s calls for oil sales to be handled by SOMO.
For China, a fractious independent Kurdistan with strong former ties to the U.S. would make the administration of Iraq’s oil and gas sector much more difficult.
Despite controlling Iraqi Kurdistan’s oil sector post-2017 independence vote, Russia prefers to work with Baghdad’s central government.
SLB’s OneSubsea has won a sizeable contract for 13 wellsets plus associated equipment and services in the development of the Kaminho project offshore Angola from French energy major TotalEnergies.
Italian energy giant Eni has signed a binding agreement with Hilcorp, one of the largest U.S. private companies, for the sale of its upstream offshore assets Nikaitchuq and Oooguruk in Alaska.
After receiving preliminary approval from Israel’s Energy Ministry, partners in a gas field off the coast of Israel are expected to reach a decision on the expansion of the natural gas export capacity from the field, while stepping up domestic supply. The approval is perceived to constitute the basis for launching the next step of the field’s development.
Pytheas Energy has announced the addition of three producing oil and gas properties to its growing portfolio, the Andrews Crane Asset, the Bakken Asset, and the Minerva-Rockdale Asset.
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Blue hydrogen and LNG import-reliant gas-CCUS projects could derail the UK’s net zero target and exhaust the carbon budget, Carbon Tracker analysts have reported.