Jadestone has agreed to acquire BP’s stake in the North West Shelf Oil Project in the North Carnarvon basin offshore Australia.
This is Angola’s first non-associated gas development project and involves two wellhead platforms, an onshore gas processing plant and a connection to the Angola LNG plant at Soyo where gas will be converted into liquefied natural gas and condensates marketed separately.
Eni and BP have completed a deal to merge their oil and gas operations in Angola, the groups said on Friday, confirming what sources earlier exclusively told Reuters.
Shell is getting out of Russia and ditching its joint ventures with Gazprom, including its involvement with the moribund Nord Stream 2 natural gas pipeline
BP has begun production on the first phase of expansion of the Hershel play on the US Gulf of Mexico, the British super-major
Big banks are pumping billions into new oil and gas production despite net zero pledges, campaigners have said.