Eni secures 0.8 bcm LNG deal with Merakes to expand global LNG portfolio

Pallavi Madhiraju- October 28, 2023 0

Italian energy company Eni inked a 0.8 billion cubic meters (bcm) liquefied natural gas (LNG) sales and purchase agreement with Merakes LNG Sellers. This three-year ... Read More

Tangguh LNG Facility : BP announces start-up of third liquefaction train

Pallavi Madhiraju- October 21, 2023 0

BP, representing the Tangguh production sharing contract partners, has announced the successful and safe loading and shipping of the first cargo produced by the new ... Read More

Shell subsidiary sells stake in Indonesia’s Masela PSC for $325m

Pallavi Madhiraju- October 19, 2023 0

Shell Upstream Overseas Services (I) Limited (SUOS), an affiliate of Shell plc, has finalized its divestment of a 35% interest in Indonesia's Masela Production Sharing ... Read More

Eni strikes gold: Massive gas discovery off East Kalimantan coast

Pallavi Madhiraju- October 4, 2023 0

Eni, the global energy giant, is celebrating a momentous gas discovery in the waters of East Kalimantan, Indonesia. The Geng North-1 exploration well, situated in ... Read More

Singtel secures $800m investment from KKR for regional data centre business

Pallavi Madhiraju- September 18, 2023 0

Singtel, a premier communications technology group in Asia, and global investment giant KKR have cemented a deal wherein KKR will invest up to S$1.1 billion ... Read More

Valaris announces $65m in new offshore drilling contracts and extensions

Pallavi Madhiraju- September 13, 2023 0

Valaris Limited (NYSE: VAL), a leading provider of offshore drilling services, has revealed new contracts and contract extensions with an associated contract backlog valued at ... Read More

Earthquake alert: Is the ‘Ring of Fire’ waking up again after Sulawesi’s narrow escape?

Pallavi Madhiraju- September 9, 2023 0

Sulawesi Island in Indonesia had a close shave on Saturday when a 5.9 magnitude earthquake shook the Minahassa Peninsula. According to the German Research Centre ... Read More

Coca-Cola bottler CCEP proposes $1.8bn purchase of Coca-Cola Beverages Philippines

Pallavi Madhiraju- August 2, 2023 0

Coca-Cola Europacific Partners plc (CCEP) and Aboitiz Equity Ventures Inc. (AEV) have announced their intention to jointly acquire Coca-Cola Beverages Philippines, Inc. (CCBPI) from The ... Read More

Shell to sell stake in Indonesia’s Masela PSC to Pertamina and PETRONAS

Pallavi Madhiraju- July 26, 2023 0

Shell's subsidiary, Shell Upstream Overseas Services (SUOS), has agreed to sell its 35% stake in Indonesia’s Masela Production Sharing Contract (Masela PSC) to local firm ... Read More

Eni boosts gas production plans with Chevron asset acquisition in Indonesia

Pallavi Madhiraju- July 26, 2023 0

Italian energy company Eni has announced a significant acquisition of Chevron's interests in the offshore Indonesian Blocks Ganal PSC, Rapak PSC, and Makassar Straits PSC, ... Read More