Abu Dhabi’s ADNOC has signed a deal to supply 600,000 tonnes per year (tpy) from the Ruwais LNG project to Germany’s EnBW, the Emirati energy player announced on Monday.
The company entered into an agreement with BG Overseas Holdings to acquire all the share capital of Shell Trinidad Central Block, operator of the block for a USD 23 million consideration in cash prior to closing adjustments.
The contract scope covers enabling works, infrastructure and interconnection with existing facilities at ExxonMobil’s adjacent chemicals and refining complex. Worley noted that the contract is subject to ExxonMobil’s FID, regulatory permits and “supportive government policy.”
The European Council on Monday adopted another package of sanctions against Russia and Russia-linked entities over the war in Ukraine, including oil tankers.
Oil slipped as economic data from China reinforced concerns about weakening demand in the world’s biggest crude importer.
Serica Energy plc has secured a 50 percent working interest in licenses P2400 (Skerryvore) and P2634 (Fynn Beauly) in the North Sea, after acquiring Parkmead (E&P) Limited (PUK) from Parkmead Group Plc (Parkmead).
Northern Oil and Gas announced that it has entered a Joint Development Program with one of Appalachia’s most capital efficient operators. The program, which covers drilling activities in calendar year 2025, requires a capital commitment from NOG expected not to exceed $160 million for a 15% working interest.
Venture Global announced it has reached first liquified natural gas (LNG) production at the company’s second facility, Plaquemines LNG, in Port Sulphur, Louisiana.
Under the terms of the agreement, Lucero shareholders will receive 0.01239 of a share of Vitesse common stock for each common share of Lucero. The addition of Lucero’s operations will enable Vitesse to expand its assets across the Bakken shale region, where Lucero had approximately 6.4 Mboe per day of two-stream net production during the third quarter of 2024.
QatarEnergy has announced an agreement to acquire from Chevron Corp. a 27.5 percent stake in Block 2813B offshore Namibia in the Orange Basin.