21 February 2025
21 February 2025
The offering involved around 3.1 billion ordinary shares, representing 4% of ADNOC Gas' issued share capital.
Wood Group will provide brownfield EPC services across multiple Shell offshore and onshore assets in the UK.
Monitoring critical offshore infrastructure is becoming easier thanks to subsea robotic repair and inspection, and could open large areas of the world’s oceans to exploration.
The new facility will integrate SAF and HVO production with existing fuel production, storage and distribution infrastructure.
The field is expected to peak at around 6,700boepd by 2026.
The reserves reached 1,893mboe, marking the largest increase in three years.
Centrica will supply 800,000tpa of LNG to Petrobras, commencing in 2027.
The cash proceeds from the transaction will be used to reduce debt, improving Obsidian Energy's balance sheet and liquidity.
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