NMB Phase 3 Project Achieves First Gas Production
PETRONAS declared that the North Malay Basin (NMB) Phase 3 project in Block PM302, located 290 kilometers offshore Peninsular Malaysia, has recently achieved its first gas production.
PETRONAS declared that the North Malay Basin (NMB) Phase 3 project in Block PM302, located 290 kilometers offshore Peninsular Malaysia, has recently achieved its first gas production.
TotalEnergies has been chosen by Qatar Energy as the project's first international partner for the North Field South (NFS) expansion. The NFS project will increase Qatar's overall LNG export capacity to 126 MTPA and consists of two LNG mega trains with a combined capacity of 16 MTPA.
General Electric (GE) and QatarEnergy signed a memorandum of understanding (MoU) to work together on creating a carbon capture roadmap for Qatar's energy industry.
Eni UK announced the launch of the Bacton Thames Net Zero initiative, which aims to significantly reduce carbon emissions in the UK's Southeast San Donato Milanese (Milan). Eni UK declared that it has submitted a Carbon Storage License Application for the Hewett depleted gas field on the Southern North Sea through the North Sea Transition Authority (NSTA) system in order to create a CCS project aimed at decarbonizing the Bacton and Thames Estuary region.
According to documents and four people with knowledge of the decision, Maroil Trading, owned by shipping magnate Wilmer Ruperti, has taken over sales of nearly all of Venezuela's petroleum coke exports, a move that could minimize sanctions risks for clients.
PETRONAS announced its achievement of a new gas discovery from its Cengkih-1 exploration well in Block SK 320 in the Central Luconia Province, about 220 kilometers off the coast of Bintulu, Sarawak, offshore Malaysia.
Fénix, the world's most southerly gas project, will be built offshore Tierra del Fuego by Wintershall Dea, TotalEnergies, and partners Pan American Energy. The consortium has committed over 700 million US dollars in total.
According to three sources with knowledge of the situation, German utilities RWE and Uniper are close to finalizing long-term agreements to purchase LNG from Qatar's North Field Expansion project to help replace Russian gas, Reuters reported.
ExxonMobil is unsure whether it will submit a bid for new offshore areas Guyana wants to explore because the oil company is increasing production quicker than expected and the South American nation is having trouble agreeing on new oil lease terms, Reuters reported citing an anonymous source.
TotalEnergies has approved the final investment decision for the Fenix gas development, located 60 km off the coast of Tierra del Fuego in southern Argentina.