12 March 2026
12 March 2026
The decision was reached at an extraordinary meeting of IEA member governments, convened by executive director Fatih Birol.
A GlobalData poll reveals that over 40% of the respondents indicated that geopolitics was the biggest determinant for making decisions on upstream investments.
The Australian project comprises three LNG trains with a combined production capacity of around 15.6mtpa.
The Norwegian oil and gas major has participated in drilling 26 exploration wells across the extended Troll region, which encompasses the Fram field.
Parex will assume Frontera’s $310m (C$421.3m) in 2028 senior unsecured notes and $80m Chevron prepayment.
Under the contract, SLB OneSubsea will supply complete SPS equipment for the Kikeh 3B second-phase development.
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