19 July 2024
19 July 2024
Members of the enlarged group are likely to wait and see what happens over the summer months, when demand for gasoline and petroleum can fluctuate.
The oil and gas activity in the region remains an important source of tax revenue for New Mexico and Texas, said a new report.
Candor’s facility in Aktobe, Kazakhstan, will produce 120,000 tonnes (t) of liquefied natural gas (LNG) annually, an energy-equivalent volume of 450,000 litres of diesel per day.
Situated north of the administrative capital, La Paz, the discovery is estimated to contain 1.7 trillion cubic feet (tcf) of natural gas.
The contract's activities will be managed by Sonsub, Saipem's centre of excellence for robotics, underwater technologies and services.
The acquisition includes a portfolio of production and exploration licences covering 2,415km², with an average water depth of 34m.
The agreement pertains to block 5, where water depths range from around 30–45m.
AI-driven cyberattacks are changing the cybersecurity needs of businesses, with the majority facing increasing talent shortages.
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