The Cambo field is being developed using a floating production storage and offloading (FPSO) vessel to produce hydrocarbons from two drill centres.
During Q3 2023, the acquired properties reported average net daily production of approximately 29,000 barrels of oil equivalent (boe).
Switzerland will not impose restrictions on Eni’s rights for gas transportation via the country from 2 December 2023 to 30 September 2024.
ADX Energy’s technical prospective resources estimate suggest that the Welchau gas prospect has 807 billion cubic feet of gas equivalent.
The Manatee gas field is expected to have a production capacity of 700 million cubic feet (mcf) of gas per day.
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The companies will develop the carbon capture and storage (CCS) project at Commonwealth’s proposed liquefied natural gas (LNG) facility in Cameron.
Production at the FPSO vessel is planned to be ramped up in the coming few months.
The decision comes as Grepar Participações (Grepar) failed to meet compliance standards for the deal.
Delfin will supply between 500,000 and one million tonnes of liquefied natural gas (LNG) per annum to Gunvor.
The Sierra Madre pipeline can supply up to 2.8 billion cubic feet per day (bcfd) of natural gas from the US border to Mexico Pacific’s liquefied natural gas (LNG) plant.