Upstream M&A in Southeast Asia: will the oil and gas majors divest in 2023?
Will 2023 see the majors, including ExxonMobil, Chevron, Shell, BP, ConocoPhillips, TotalEnergies, and Eni, divest upstream oil and gas assets in Southeast Asia?
Will 2023 see the majors, including ExxonMobil, Chevron, Shell, BP, ConocoPhillips, TotalEnergies, and Eni, divest upstream oil and gas assets in Southeast Asia?
โAlong with our partners, we are committed to drilling as soon as possible in 2023 an exploration well in Block 9, and our teams are mobilised to conduct these operations.โ
Mellitah is the origin point for the Greenstream pipeline, which carries gas from Libya to Italy, via Sicily.
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The facility will allow LNG production to โsignificantly increaseโ, Expro said. It is intended to allow additional gas production support power generation.
Indonesia has approved a revised plan of development for Eniโs (MIL:ENI) Merakes and Merakes East gas fields with a total investment of $3.35 billion.
The Wison FLNG unit will be Eniโs second offshore Congo.
The East Mediterranean โhas abundant energy resources, and their development is driving strategic collaboration in the regionโ.
โWe look forward to commencing Apexโs first gas production in 2023 and becoming part of the exciting Egyptian natural gas success story,โ he continued.
Wison Heavy Industries has won work to develop a floating LNG (FLNG) project for Eni off Congo Brazzaville.
The Italian company said it would incorporate the well results into its evaluation of the area. Eni has its eye on a fast-track development in Block 6, it said.
Eni has started producing power at a solar photovoltaic (PV) facility in Tunisia, connected up to the national grid.
Eni (MIL:ENI) has denied reports in Indonesia last week, citing a senior government official, suggesting that the Italian company had become the new operator of the Indonesia Deepwater Development (IDD) project, replacing Chevron.
Chevron has found gas off Egypt at its Nargis block, according to Welligence Energy Analytics.
Yinson Production has agreed to work on the Agogo FPSO for Azule Energy, in Angolaโs Block 15/06.
Preliminary talks have kicked off with an oil and gas supermajor on a deal for North Sea producer Neptune Energy, according to reports.
Essar Oil UK has announced plans to build a ยฃ360 million carbon capture plant at its Stanlow refinery, as part of wider plans to decarbonise the north west of England.
Eni has begun drilling the Thuraya prospect, offshore Egypt, hoping to replicate the success of its major Zohr find.
Medgaz wil carry out a study in 2023 on the possibility of blending hydrogen and gas in the pipeline, which runs from Algeria to Spain.
Eni has held talks with Mozambique President Filipe Nyusi on more floating LNG (FLNG) projects in the East African state.
A fabrication yard in China has been awarded a $76m contract to supply tower components for Dogger Bank โ the worldโs largest windfarm โ in the UK.
Eni and Sonatrach have ceremonially laid the first stone for a 10 MW solar photovoltaic (PV) plant at Bir Rebaa North (BRN), in southeast Algeria.
Saipem has won three new drilling contracts in the Middle East, and two in West Africa, with a total value of $800 million.
Sonatrach has signed a new memorandum of understanding (MoU) with Sinopec, with the aim of expanding the two companiesโ co-operation.
TotalEnergies and Eni have reached a deal with Israel allowing them to begin exploration in Lebanonโs Block 9.