Algeria's state-owned company Sonatrach has announced that it signed a new contract with its TFT group partners, French TotalEnergies and Algeria Entrprise Nationale de Grands Travaux Pétroliers (ENGTP), regarding the Tin Fouyé Tabankort II (TFT) gas field in Algeria.
Petronas company announced that the Bintulu Additional Gas Facility (BAGSF-2) starts to deliver natural gas to a new Sarawak methanol plant in Bintulu, supporting the further growth of petrochemical industry in the State of Sarawak.
Norway's Equinor and its partners announced that they have raised the project cost estimate for their joint Johan Castberg oilfield in the Arctic Barents Sea by close to 13 billion Norwegian crowns ($1.20 billion).
CrownRock LP has been preparing to explore a sale deal that could be valued at more than $10 billion, including debt, in what could be the largest deal for a US oil and gas producer in at least three years.
Aramco has announced a 100% acquisition of Esmax Distribution SpA from Southern Cross Group in South America.
Eni announced that it has obtained a second Carbon Dioxide Appraisal and Storage license (CS License) in the UK.
Equinor said that it has delivered a plan for development and operation (PDO) of the Eirin gas field to the Ministry of Petroleum and Energy.
Guyana has received bids for eight of 14 offshore oil and gas exploration blocks offered in its first auction that has been delayed several times since 2022.
Canadian Vital Energy Inc plans to expand its presence in the U.S. Permian Basin through the acquisition of acreage for approximately $1.17 billion. The deal is estimated to boost the company’s current production by approximately 35,000 barrels of oil equivalent per day (boe/d).
