Woodside Energy Trading Singapore Pte Ltd (Woodside) has entered into a flexible long-term sale and purchase agreement (SPA) with Uniper Global Commodities SE (Uniper) for Woodside to supply LNG from its global portfolio into Europe, including Germany, for a term up to 2039, commencing in January 2023. The quantity of LNG to be supplied under […]

Shell Offshore Inc., a subsidiary of Shell plc, has agreed to sell its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV for a total consideration of approximately $2 billion in cash with additional contingent payments based on future oil prices, subject to regulatory approval. […]

Shell Drilling, Ltd. has had its asset purchase agreement to acquire five jack-up rigs from various subsidiaries of Noble Corporation (“Noble”) for USD 375 million (the “Rig Purchase Agreement” and the “Acquisition”, respectively) cleared by the UK Competition and Markets Authority (the “CMA”). The CMA has today announced that it has accepted legally binding undertakings […]

ReconAfrica  has appointed Michelle Borthwick to the position of Corporate Secretary. Ms. Borthwick is a corporate finance and governance professional with over 25 years’ experience in senior corporate finance and governance roles providing advice and support to various Canadian public-listed issuers on the Toronto Stock Exchange, TSX Venture Exchange, Canadian Securities Exchange and OTCMarkets. She […]

TGS, a global provider of energy data and intelligence, has announced that on 31 August 2022, it closed its previously announced intent to acquire the multi-client and processing business of ION Geophysical Corporation (ION) (referred to as the E&P Technology and Services (EPTS) business). The acquisition includes substantially all of ION’s global offshore multi-client data library, data […]

(SHEL.L) has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the giant energy firm, two company sources told Reuters.

Seadrill Limited announced today that it has entered into a binding Share Purchase Agreement with subsidiaries of ADES Arabia Holding Ltd. (together, “ADES”) to sell the legal entities that own and operate seven jack-ups (the “Jack-up Sale”) in the Kingdom of Saudi Arabia. Upon completion of the Jack-up Sale, the AOD I, AOD II, AOD III, […]

TGS, CGG and PGS, industry leaders of multi-client geoscience data, has announced that Schlumberger has become a part of Versal, increasing its coverage to the vast majority of the world’s multi-client seismic data. Versal was created by PGS, TGS and CGG in 2020 and launched in 2021 to provide a vendor-neutral, single point of access to the largest multi-client data […]

Shell NA LNG LLC (Shell) and Energy Transfer LNG Export, LLC (Energy Transfer) have signed a 20-year LNG Sale and Purchase Agreement (SPA) for the offtake of 2.1 million tonnes per annum (MTPA) of LNG from the Lake Charles LNG project. The SPA will become fully effective upon the satisfaction of the conditions precedent, including Energy Transfer taking […]

Centrica’s application to reopen the Rough gas storage facility was welcomed by energy observers, but some have raised questions over the site’s safety and effectiveness. Energy Voice reports Amid soaring gas prices, the UK’s lack of meaningful storage capacity has long been lamented by energy market observers, policymakers and politicians. Chief amongst their complaints is the […]