05 January 2024
05 January 2024
The company attributed the impairment primarily to its Santa Ynez operations off the coast of Santa Barbara, California.
Aramis aims to capture CO₂ emissions from industrial sources and transport them for permanent storage in depleted North Sea gas fields.
With the engineering, procurement and construction (EPC) contract in place, the project has entered an advanced stage of planning and development.
APA said the acquisition will provide it with additional scale across the Permian Basin, particularly in the Delaware Basin.
The project is central to Russia's plan to increase liquified natural gas (LNG) production.
The Mero 3 project will be the first to implement Petrobras' patented high pressure separation (HISEP) process subsea.
Oil and Natural Gas Corporation (ONGC) emerged as the dominant player in the Open Acreage Licensing Policy (OALP-VIII) bid round, securing seven out of ten blocks.
Petronas, a Malaysian energy company, operates the Ketapang block with an 80% participating interest.
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