Shell and APA secure exploration blocks offshore Uruguay
Shell received the rights to block OFF-7 and OFF-2 while APA secured the rights to block OFF-6.
Fossil Fuels
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Fossil Fuels
Pipeline Technique to acquire Stanley’s oil and gas division
PTL will acquire CRC-Evans, Pipeline Induction Heat, and Stanley Inspection that form Stanley’s oil and gas division.
Petronas subsidiary signs PSC for Indonesian offshore and onshore block
The 3,131.8km² block was awarded in the second round of the Indonesia Petroleum Bid Round 2021.
Morocco plans to build pipeline for Nigerian natural gas
The pipeline in Morocco is planned to be constructed in six phases.
Germany considers repurposing parts of the Nord Stream 2 pipeline
Russia said it would take legal action against Germany for this move.
Shelf Drilling to acquire Noble’s five jack-up rigs for $375m
The sale is expected to address the UK CMA’s potential concerns relating to the planned merger of Nobel and Maersk…
Petrobras to sell Brazilian deep-water assets to BW Energy
With the purchase, BW Energy expects to add nearly 9,000 barrels of oil per day starting from early 2023.
Norway to increase gas supply to EU as Russia deepens cuts
The agreement is expected to bring gas deliveries of approximately 100TWh to the European market this year.