04 August 2023
04 August 2023
Pre-tax income from oil and gas operations during the period under review fell to $1.05bn against $4.09bn in the same period a year ago.
The combined company will be named Crown LNG Holdings Limited.
The potential deal will see GAIL buy one million metric tonnes of LNG annually for more than 20 years.
After the transaction, Kimbell expects to have over 17 million gross acres, 129,000 gross wells, and 100 active rigs spread across its assets.
The oil major's 21% interest in a pipeline that carries shale oil to the Atlantic coast for export is also under review.
The Ndungu field is due to be tied into Block 15/06 West Hub offshore Angola.
Wood’s consulting and engineering teams in Australia, Europe, Latin America, Middle East, North America and South East Asia will offer the services.
LoI were signed with Origin, AGL, EnergyAustralia and Shell Energy Australia.
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