28 August 2025
28 August 2025
The global drone market is forecast to surge from $32.2bn in 2024 to nearly $90bn by 2030.
The facility is expected to be operational in H2 2028.
The first stage of the exploration period is set for three years, as per the contract terms.
The move is aimed at enhancing PetroChina's natural gas industrial chain and ensuring stable operations.
The acquisition is expected to close in Q4 2025.
This pipeline is designed to transport up to 2.5bcf/d of natural gas.
The Fram Sør project is set to be developed as a subsea tieback to the Troll C platform in the North Sea.
Crescent plans to deploy a business model that favours reduced activity and heightened free cash flow.
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