Mitsui & Co Ltd has agreed to buy a 49% interest in BW Integrity floating storage and regasification unit (FSRU) from BW Group Ltd.
Built in 2017, BW Integrity is a Singapore-flagged FSRU with a deadweight tonnage of 85,200t and gross tonnage of 106,793t.
BW Integrity will be owned by Mitsui (49%) and BW Group (51%), upon completion of the transaction.
The transaction will allow Mitsui to expand its business into FSRU operations.
Qatar Petroleum (QP) has agreed to acquire a 30% participating interest in Block 52 located offshore Sultanate of Oman, from Eni S.p.A.
The Block 52 extends over an area of more than 90,000km², in a water depth ranging between 10m and 3,000m.
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By GlobalDataThe Block 52 will be owned by Eni (55%), OOCEP (15%) and QP (30%), upon completion of the transaction.
Western Gas Corporation Pty Ltd has completed the acquisition of 100% stake in Equus Gas project offshore Western Australia, from Hess Corporation.
The deepwater project is located in North West Shelf, roughly 200km north-west of Onslow, Western Australia. It includes 11 gas and condensate fields holding independent resources of more than two trillion cubic feet of gas and 42 million barrels of condensate.
The transaction allows Western Gas to fortify its natural gas resources portfolio.
Eni has signed an agreement with the Government of Oman and Oman Oil Company Exploration and Production (OOCEP), a subsidiary of Oman Oil Company (OOC), for an offshore location.
Under the exploration and production sharing agreement (EPSA), Eni will operate the Block 52 located off the coast of Oman’s southern region. The block extends over an area of approximately 90,000km².
The block will be owned by Eni Oman, a subsidiary of Eni (85%, operator) and its partner OOCEP (15%).
Eni has also agreed to provide a 30% stake in Block 52 to Qatar Petroleum during the agreement signing ceremony.