Baker Hughes submits EU remedies for $13.6bn Chart Industries deal
The EU’s competition authority did not disclose the nature of the remedies but has set a deadline of 10 July 2026.
23 June 2026
23 June 2026
The EU’s competition authority did not disclose the nature of the remedies but has set a deadline of 10 July 2026.
Prices jumped from $60 in January to over $91 per barrel by March 2026, as markets reacted to growing geopolitical tensions and risks to global oil flows.
The Greater PAJ Project holds an estimated 252mbbl of oil, with 143mbbl in Block 31 and 108mbbl in Block 31/21.
The well was spudded in late February 2026 by Murphy Oil’s subsidiary, Murphy CI-709 Oil.
Preliminary estimates place recoverable resources from the Carmen discovery at 21–107mboe.
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