29 August 2025
29 August 2025
By cutting tax credits and other incentives for renewable energy innovation in the US, the anti-ESG movement is ensuring China will dominate this space for years to come.
The contracts, awarded by Petrobras, are set to commence between Q3 2025 and Q1 2026.
The regasification facility is expected to be operational by 2030.
The placement was conducted through a bookbuild offering, with approximately 222 million shares in ADNOC L&S priced at $1.43 each.
The terminal underwent a series of functional and performance tests during its commissioning phase.
The unit is set to enhance LNG production within the Marine XII concession offshore the Republic of Congo.
The project management and engineering activities will start immediately.
The 20-year agreement with EQT will see LNG procured on a free-on-board basis with pricing indexed to the Henry Hub.
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