This move is part of an effort to boost Qatar’s liquefied natural gas (LNG) production capacity by nearly two-thirds by the end of this decade.
As part of the alliance, BW LPG has committed $30m to Confidence Petroleum through a preferential allotment of equity shares.
The CEO of bp said there is potential for an extra $5bn (£3.97bn) in investments over the coming years.
The move by Gabon Oil Company (GOC) follows a military coup in the West African nation in late August 2023.
With a 25% stake, Chevron is the operator of the offshore Tamar gas field.
Give your business an edge with our leading industry insights.
The Shenzi field was acquired through the deal for BHP’s petroleum assets in 2021.
The five-year pipeline transit agreement between Moscow and Kyiv allowed Russia to export gas to Europe via Ukraine’s pipeline network.
The contract involves maintenance for a combined fleet of 43 liquefied natural gas (LNG) carriers, which will be serviced by Seatrium Repairs and Upgrades.
The Stabroek block has been identified as a major global oil and gas find, with recoverable resources surpassing eight billion oil-equivalent barrels.
The Singapore-based company has acquired a 16.67% interest in the Cossack, Wanaea, Lambert and Hermes (CWLH) oilfields.