Petrofac consortium secures $300m EPC contract from Algeria’s Sonatrach
The contract involves a new central processing facility featuring inlet separation and decarbonisation units.
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TC Energy partners with Mexico’s CFE to develop $4.5bn gas pipeline
The 715km-long pipeline will have the capacity to transport 1.3 billion cubic feet of natural gas per day.
ADNOC awards $3.4bn drilling contracts to expand production capacity
The two contracts, which have a period of 15 years, will help in expanding ADNOC’s offshore production capacity.
APA acquires oil producing assets in West Texas for $505m
The assets include producing wells, an inventory of undrilled locations, and wells in the process of drilling and completion.
Exxon in talks for stake transition in Russia’s Sakhalin-1 development
The Sakhalin-1 project’s production declined to 10,000 barrels per day following sanctions by Western nations on Russia.
Canada’s Strathcona signs $1.8bn deal to buy oil driller Serafina
The transaction would be the largest acquisition by the Canadian oil and gas producer, Strathcona.
Aker Solutions to deliver wellhead platform for Shell’s UK North Sea field
The wellhead platform will be delivered to Shell’s Jackdaw field, which will be commissioned in the mid-2020s.
Eni considers additional LNG production platform in Mozambique
The proposed project will complement the company’s $7bn Coral-Sul FLNG platform.