The purchase price for the stake is $500 million, subject to adjustments, with reimbursement for Scarborough project expenses from January 1, 2022.

The FPSO Maria Quitéria will be stationed at the Parque das Baleias integrated project, situated in the Petrobras-operated Jubarte field within the northern Campos Basin.

This decline was driven by low European benchmark natural gas prices, which have discouraged traders from shipping many cargoes to the continent.

Transocean Ltd. experienced a rise in revenue to $729 million during the second quarter - However, it still reported another quarter of net losses.

The acquisition adds significant value to Eitzen's ambition of becoming a leading owner and operator of liquefied gas carriers, particularly in the coaster gas market.

The research indicates that domestically produced gas is nearly four times cleaner than imported gas in LNG form.

OMV, the energy company, has confirmed the successful discovery of natural gas at the Wittau Tief-2a exploration well in Lower Austria.

With the arrival of the last module by ship from Zhuhai, China, Fluor marked the conclusion of a critical phase in constructing a large terminal for liquefying, storing, and loading liquefied natural gas for export to global markets.

The acquisition includes operatorship of three blocks: Ganal PSC, Parak PSC, and Makassar Straits PSC.

The drilling of the Kupe South 9 development well, contracted for 70 days, was initially scheduled to start in the third quarter of 2023 but has been delayed to late in the first quarter of 2024.