French major TotalEnergies confirms Myanmar natural gas withdrawal including employee transfer program
French major TotalEnergies confirmed its withdrawal strategy from the Yadana natural gas field in the Asian state Myanmar after Thailand’s state energy company PTTEP said it was taking over the operatorship of the gas field.
World Energy Investment report praises Qatar LNG expansion and expects Russian and US project spending
Global investment in energy is set to rebound by nearly 10 percent during 2021 to $1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, with Qatar and its LNG expansion praised by the International Energy Agency in its annual investment report.
Thailand firm reports profit and revenue surge amid Mozambique LNG and Algeria projects
PTTEP of Thailand, the oil and gas producer and LNG stakeholder, said it was aiming to maximize the value of existing projects and was proceeding with the development of the Mozambican Area 1 project with its partners and the Algeria Hassi Bir Rekaizto venture to contribute to long-term growth.
Doris Engineering of France wins contract for Phase Three of Myanmar natural gas project
Doris Engineering, the French energy contracts company, and Hyundai Heavy Industries of South Korea have been awarded the front-end engineering and design contract for the phase-three development of a key natural gas project offshore Myanmar in the Bay of Bengal.
