Monday, December 23, 2024

Gas Project News

Woodside, a company from Australia, signs a deal with Bechtel for the development of Louisiana LNG.

Woodside Energy Group, an Australian company, announced on Thursday that it had signed a contract for engineering procurement and construction with Bechtel in the United…

Woodside CEO: Louisiana LNG project to be partnered with several companies by March

Woodside Energy's CEO said that the company expects to have several partners in its Louisiana liquefied gas project by the time it gives financial approval to the U.S.

Chinse CNPC aims to produce 12.4 mln bbls at shale project, according to state media

China's state-owned energy group CNPC aims at producing 1.7 million metric tonnes of shale crude oil or 12.4 millions barrels in the next year as part of a pilot project…

Woodside Energy closes Pluto LNG due to an 'unplanned' event

A spokesperson for Woodside Energy in Australia said that the shutdown of Pluto LNG was safe and effective on Monday, due to an unexpected event. The cause is still under investigation.

Al Nowais, according to Italy's Maire, has bought 5% of Nextchem in order to target the Middle East

It was reported by Italy's Maire on Wednesday that Yousef Al Nowais bought a 5% share in Nextchem. This valued the subsidiary of the engineering company at $1.33 billion.

Santos' forecasts for 2024 production are at the top of the forecast range, and Pikka oil production could start early

Santos, Australia's second largest oil and gas company, estimated that its production for the full year would be in the upper half of its forecast range and announced…

Senegal announces a 25-year plan for economic and social development

Senegal’s government released a 25-year plan of development on Monday. It said that the plan would lay the groundwork for economic sovereignty by focusing on competitiveness…

East Timor spoke with Sinopec and other Chinese companies about stalled multibillion dollar gas project, President says

After a disagreement with Australia about the future of the joint field, East Timor's President Jose Ramos-Horta announced on Wednesday that it had spoken with Chinese companies…

East Timor spoke with Sinopec and other Chinese companies about a stalled multibillion dollar gas project, President says

After a disagreement with Australia about the future of the joint field, East Timor's President Jose Ramos-Horta announced on Wednesday that it had spoken with Chinese companies…

Equinor, Aker BP, Vaar face rising project costs, Norway budget shows

The Norwegian government announced on Monday that Aker BP, Equinor and Vaar Energi had raised their estimates of costs for major oil and natural gas development projects in the Norwegian continental shelf.

TotalEnergies CEO to meet Mozambique President to advance project in the country

TotalEnergies' CEO Patrick Pouyanne announced that he would be traveling to Mozambique in the latter part of this month to discuss the planned Mozambique Liquefied Natural…

Suriname oil and gas project worth $10 billion to be approved by TotalEnergies and APA

TotalEnergies, a French company, and APA Corp, based in the United States, announced on Tuesday a positive decision to invest in Block 58 of Suriname, the most promising offshore oil and gas project.

Romgaz, a Romanian gas company, raises 500 million euros through its debut Eurobond

IFR data show that Romanian state-owned Romgaz issued its first eurobond on Monday. The company sold 500 million euros (559.50 million dollars) of five-year papers to…

ConocoPhillips wins approval from a judge for the seizure of payments made to Venezuelan PDVSA

ConocoPhillips won approval from a Trinidad court on Friday to seize payments made by the Caribbean nation to Venezuela's oil company in connection with a proposed offshore…

Analysts say that Colombia must develop a natgas plan soon to prevent blackouts.

If it wants to prevent power blackouts in Colombia, the head of Wood Mackenzie’s Americas Gas and LNG division said that Colombia needs to decide quickly whether it…

Senegal president announces election of parliament on November 17

Senegal's President Bassirou Diomaye Faye dissolved Thursday the national assembly led by the opposition, paving the way for legislative elections to be held early on November 17.

NEO Energy reduces UK investment plans due to fiscal and regulatory uncertainty

NEO Energy announced on Monday that it would slow down its investment in all of its portfolios due to the uncertainty surrounding fiscal and regulatory issues in the British oil sector.

Timor Gap and Timor-Leste JV Gas Project Majority owned by Santos

Santos, the majority joint venture owner in Timor-Leste, announced on Monday that Timor Gap, a state-owned Timor-Leste oil company has acquired a 16 percent interest in Bayu-Undan's gas project.

Min says that seismic work will begin on gas fields shared between Trinidad and Venezuela.

Stuart Young, Trinidad and Tobago's energy minister, said on Facebook on Friday that seismic work is expected to begin in the next few days at the offshore gas fields…

Woodside Energy's earnings to drop as investors focus on strategic deals

Woodside Energy is Australia's largest independent gas producer and on course to report a decline in its interim earnings on February 2, with investors focused on the…