MOL, O&GD discover new oilfield near Budapest, Hungary
Located at a depth of 2,400m, the Galgahévíz-4 well is set to yield roughly 1,000bopd.
15 September 2025
15 September 2025
Located at a depth of 2,400m, the Galgahévíz-4 well is set to yield roughly 1,000bopd.
The contracts, signed with Berenco Egypt, Dragon Oil and Apache, are aimed at enhancing the country's energy resources.
Woodside Energy and partners received project approval from the Australian Government, with strict environmental conditions.
With 27.5% stake acquisition, Petrobras joins a consortium that includes Shell, Galp and ANP-STP.
The strategic collaboration will feature steel supply, LNG offtake and an investment in the project.
The contract for Train 4 encompasses two Frame 7 gas turbines and six centrifugal compressors.
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