Angola LNG shareholder TotalEnergies completes $400M stake sale in offshore fields to Malaysia's Petronas
French major TotalEnergies, a shareholder in the Angola LNG export plant, has finalized the sale for $400 million to a unit of Malaysian energy company Petronas of a stake in Block 20 in the Kwanza Basin offshore the Angolan coast.
Expro Group wins five-year wells work contract in Uganda for landmark African regional energy project
Expro Group Holdings, the global energy services provider, has been awarded a five-year well intervention and integrity contract with French major TotalEnergies in the East African nation of Uganda and covering the multi-well Tilenga project.
UK move by PM Johnson to end fossil fuel export credits will hit poorest nations and future LNG projects
UK Prime Minister Boris Johnson has made his nation the first in the Group of 20 of the world’s most advanced economies to end all overseas oil and gas export credits, the downside of which is depriving poorer African and Asian nations of the fruits of fossil fuel revenues from development projects that many Western countries and powers like Russia and China have enjoyed to the full for many years.
