Wintershall Dea Awarded First Onshore CCS License in Denmark
Wintershall Dea has been awarded an operatorship in Greenstore CO2 storage license in Jutland, the first onshore Carbon Capture and Storage (CCS) license round in Denmark.
News / International
Wintershall Dea Makes Gas Discovery in Norway Cuvette Exploration Well
Wintershall Dea and its partners, Petoro and DNO, have made a gas condensate discovery at the Cuvette prospect in the North Sea, with estimated recoverable volumes of 16-38 million barrels of oil equivalent.
bp to Take Full Ownership of its Brazilian Biofuels JV, Acquiring Bunge’s 50% Interest
bp has acquired Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies.
Shell to Acquire 100% Shares of Pavilion Energy, Expanding Global LNG Portfolio
Shell’s subsidiary, Eastern Trading Pte. Limited, has signed a deal with Carne Investments Pte. Limited, an indirect wholly owned subsidiary of Temasek to acquire 100% of the shares in Pavilion Energy Pte. Ltd.
Wood Secures $46M Engineering Contract in Iraq
Wood, a global leader in consulting and engineering company, has been awarded a new $46 million, three-year contract by TotalEnergies in Iraq.
TechnipFMC Secures iEPCI Contract for Xena Phase 3 Development
TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Woodside Energy in Australia.
Eni Sells 10% of Saipem at 1.970 Euros Per Share
Italian energy company Eni has completed the sale of 10% of the share capital of oilfield group Saipem at 1.970 euros per share for a total value of 393 million euros ($421.96 million).
Baker Hughes Secures Integrated Solutions Contract for Petrobras’ Offshore Fields
US Baker Hughes, an energy technology company, has been awarded a deal from petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil.
ADNOC Fully Redeems Exchangeable Bonds in ADNOC Distribution
ADNOC has said that it has redeemed in full its US dollar-denominated senior unsecured bonds (Exchangeable Bonds) in ADNOC Distribution, maintaining a stable shareholding level in ADNOC Distribution following maturity of the Exchangeable Bonds.
Saudi Aramco to Raise $11.2B in Stock Offering
Saudi Arabia is poised to raise more than $11.2 billion, selling about 60% shares in oil giant Aramco to International investors, aiming to bolster funds for the country’s spending plans, according to Bloomberg.
