ConocoPhillips agrees to buy Marathon Oil with African LNG and US shale assets in deal valued at $22Bln
US major ConocoPhillips has agreed to acquire Marathon Oil Corp., the US company and main shareholder in Equatorial Guinea LNG in West Africa as well as a key operator in the major US shale basins.
LNG project engineer Technip boosts profits and backlog hits $16Bln with multiple Middle East LNG contracts
Technip Energies, the leading European energy and liquefied natural gas project engineers, reported increased net profits and revenues as the backlog was also boosted by Middle East LNG contract awards in the United Arab Emirates and in Oman.
US in No. 1 spot for LNG with Australia lagging over various issues as Qatar advances cargo and shipping surge
The US finished 2023 at the top of the liquefied natural gas exports league as shipments to Europe were ramped up to replace Russian volumes while Australia finished second because of maintenance, strikes and regulatory obstructions for future ventures and Qatar was in third place ahead of its massive expansion plans.
QatarEnergy signs up US major ConocoPhillips for expansion stake and defends free markets for energy
QatarEnergy selected ConocoPhillips as its third and final international partner in the North Field South (NFS) expansion project comprising two LNG mega-Trains with a combined capacity of 16 million tonnes per annum and said free markets in energy were the best ways forward.
Italian energy project engineer Saipem wins largest ever contract at $4.5Bln to enable Qatar LNG expansions
Italian LNG and energy engineering company Saipem has been awarded a contract valued at around $4.5 billion by Qatargas for the North Field Production Sustainability (NFPS) offshore compression project to enable the Arabian Gulf nation’s two forthcoming expansions.
