20 July 2023
20 July 2023
Norwegian energy company Vår Energi has purchased carbon capture and storage company Feistein CCS to aid its decarbonisation efforts.
The deal was announced as ADNOC seeks to expand its international exports of LNG.
Last month, Petrobangla signed two LNG deals to secure supplies from the Middle East.
Labour is seeking a reduction in the UK’s oil and gas investment.
Deepwater Invictus, Deepwater Thalassa, and Deepwater Proteus, drillships have been shortlisted for the job.
ADNOC’s initial offer of €55 ($61.73) per share was rejected by Covestro.
As per the Wellesley estimates, the drilling campaign has proved a developable gas-condensate accumulation of 60–100 million barrels of oil equivalent.
The Bahia Terra cluster includes 28 onshore production concessions as well as gas and oil pipelines.
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