27 November 2025
27 November 2025
The UK Government will allow new North Sea oil and gas licences tied to existing fields, while maintaining windfall taxes.
The move follows a competitive process involving several major investment banks, with Citigroup emerging as the preferred adviser in recent days.
This LNG deal brings the SPAs that Venture Global has signed in the past six months up to 7.75mtpa.
Shelf Drilling’s shareholders approved the cash merger with ADES at an extraordinary general meeting in October, with 99.6% of votes cast in favour.
This is Seatrium’s second consecutive deep-water assignment for bp following the award of the Kaskida FPU in December last year.
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