15 May 2026
15 May 2026
Decarbonisation efforts and net-zero ambitions drive global CO₂ pipelines network.
The deal is set to close next year subject to regulatory clearance and the satisfaction of standard closing conditions.
At 06:42 GMT, Brent had risen by $1.77 to $107.49/bbl, while WTI had gained $2.13 to reach $103.30/bbl.
The transaction will be completed in two stages, starting with the acquisition of a 51% stake.
The Mero 3 and 4 projects plan to develop subsea pipelines and associated SURF infrastructure in the Santos Basin.
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