26 September 2025
26 September 2025
Oil companies need to stay relevant in an electrifying transport sector, and APAC needs EV charging infrastructure.
The deal further strengthens the ties between Eni and Vitol.
Completions work is expected to commence in mid-2026.
The next generation PACE-X Ultra rig is claimed to meant for use in the toughest drilling environments.
The merger is forecast to occur via an EU cross-border statutory process.
The regulatory decision is expected to affect TotalEnergies' strategy to divest mature assets and reduce debt.
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