09 January 2024
09 January 2024
Moreld caters to key industry players such as Aker BP, Chevron, Equinor, ExxonMobil, Shell, Total Energies and Vår Energi.
The agreement entails Shell purchasing two million tonnes per annum (mtpa) of liquefied natural gas (LNG) from the Ksi Lisims LNG project.
Straddling the maritime border of Mauritania and Senegal, the Greater Tortue Ahmeyim (GTA) project is a liquefied natural gas (LNG) development.
Blackspur Oil owns the Brooks and Thorsby production assets in Alberta, Canada.
The recent closure has also led to the suspension of crude oil supplies to the Zawiya terminal on the Mediterranean coast.
The halt in shipments from Iran could bolster global oil prices and strain the profitability of Chinese refiners.
The UK Government concedes private companies will sell the oil to international parties.
If successful, the deal would result in an entity valued at nearly $17bn.
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Ammonia and methanol are key industrial chemicals with strong demand in the agriculture, manufacturing, and construction sectors. The demand for these chemicals is expected to rise in the coming years due to their potential applications in energy transition. Low-carbon ammonia is garnering the most attention from oil and gas industry players with nearly 300 plants in development globally.
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