Energy Transition

Italian oil major Eni has resumed talks to acquire independent producer Neptune Energy, after a first round of discussions over a potential takeover last year, Reuters reported. A new round of conversations reportedly started between the two companies in recent weeks, the news agency said, after initial talks that took …

The mothballed El Musel regasification terminal in northern Spain is moving closer to the commissioning phase as the operator looks to allocate logistics capacity at the site. Spanish gas transport operator Enagas has launched the second phase of the open season process for regasification capacity at El Musel, which is …

Development plans: from left, Karl Johnny Hersvik, chief executive of Aker BP, Oil and Energy Minister Terje Aasland and Oyvind Eriksen, chairman of Aker ASA when Aker BP presented its development plans in December 2022. Photo: NTB/SCANPIX Capital investment in Yggdrasil and Valhall PWP-Fenris projects is about $15 billion

BP has called for patience over the prospects of developing deep natural gas reservoirs at Azerbaijan’s Azeri-Chirag-Guneshli (ACG) fields in the Caspian Sea, after the country’s President Ilham Aliyev said he expected production to start by the end of next year. Azerbaijan is aiming to increase its natural gas exports …

Mexican hydrocarbons regulator CNH has approved the development plan submitted by state-owned energy company Pemex and its partners for the Zama shallow-water field in the Sureste basin off the coast of Tabasco state. The decision paves the way for the Pemex-led consortium to sanction the project and invest approximately $4.5 …

A Petrobras-led consortium has signed the production sharing contract (PSC) for the ultra-deepwater Agua Marinha exploration block in the Campos basin offshore Brazil. International partners Malaysia’s Petronas, TotalEnergies of France and QatarEnergy plus Petrobras won the block during the first cycle of Brazil’s open acreage under production sharing regime held …

A tragic accident has claimed the life of a worker on the Woodside-operated offshore North Rankin Complex offshore Western Australia. The employee was from one of Woodside’s contractor companies and happened during work activity on the North Rankin complex. All other people on board the offshore platform are safe, Woodside …

Valeura Energy has secured an extension for the FPF-003 floating production, storage and offloading vessel deployed on its Jasmine oilfield on Block B5/27 offshore Thailand. The Canadian independent’s charter of the FPSO and Petrofac’s contract for the provision of operating and maintenance services for the floater have both been extended …

Valeura Energy has secured an extension for the FPF-003 floating production, storage and offloading vessel deployed on its Jasmine oilfield on Block B5/27 offshore Thailand. The Canadian independent’s charter of the FPSO and Petrofac’s contract for the provision of operating and maintenance services for the floater have both been extended …

The Colombian government has again postponed the deadline for bid submissions in the long-delayed tender for the construction of a proposed liquefied natural gas import terminal, due to concerns about scant interest among potential investors. Colombia is seeking a contractor to build, own and operate an LNG regasification facility in …