06 June 2024
06 June 2024
Antonio Guterres referred to fossil fuel companies as the "godfathers of climate chaos" during a speech in New York on Wednesday.
Moscow has adapted to restrictions by using a massive shadow fleet of tankers.
New build projects drive the upcoming projects landscape in Asia-Pacific constituting 79% of the total projects across the oil and gas value chain.
The contracts involve operations in Norway and Australia, with companies Equinor, Wintershall Dea and Woodside.
MVM will also take a 4% stake in the entity responsible for marketing and selling Shah Deniz's natural gas.
The deal includes a 27-year liquefied natural gas (LNG) sales and purchase agreement for the delivery of four million tonnes per annum (mtpa) of LNG to CPC.
The agreement sets the stage for a 20-year supply of up to 500 million cubic feet per day (mcf/d) from Pantheon's fields.
The Kaskida floating production unit (FPU) project is designed to feature a single topside module atop a four-column semi-submersible hull.
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