Petrobras awards Subsea 7 contract to develop Búzios 8 offshore field
Subsea 7 will build rigid risers and flowlines, flexible lines, umbilicals, and associated infrastructure.
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Eni and Sonatrach agree to accelerate gas projects development in Algeria
The two firms will assess the gas potential and opportunities to accelerate the development of specific fields.
Crestwood to buy Delaware Basin assets to increase gas processing capacity
The company also agreed to sell its non-core assets in the Barnett Shale to EnLink Midstream.
UK chancellor announces tax on oil and gas profits
After weeks of uncertainty, the UK Government has said that it will impose a one-time tax on oil and gas…
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Equinor withdraws from Russian joint ventures
The Norwegian energy major will also exit the Kharyaga project, located in the Timan-Pechora basin.
TotalEnergies signs LNG supply deal with South Korea’s Hanwha
The French firm agreed to supply 600,000 metric tonnes of LNG, starting from 2024.
Eni-Total consortium begins exploratory drilling in Block 6 offshore Cyprus
The Tungsten Explorer drillship is being used to drill the Cronos-1 prospect.
Wintershall Dea to sell stakes in Norwegian North Sea assets to OKEA
OKEA will buy a 35.2% stake in the Brage field, a 6.46% stake in the Ivar Aasen field, and a…