19 November 2024
19 November 2024
The JODI data also revealed that the kingdom’s production of refined products rose to 2.76 million barrels a day (mbbl/d).
The new role will see the Trump loyalist likely push for more oil and gas exploration.
This situation underscores the shifting dynamics in European gas supply, with Russia's market share declining.
The agreement aims to address Brazil's growing domestic gas demand.
The contract scope is set to start in the second quarter of 2025 (Q2 2025), with optional wells projected to take around 50 days.
The contract, set to commence in late 2025, includes five one-year extension options.
The well will form part of the Carpentaria Pilot Project in Beetaloo Basin.
This pipeline is aimed at securing the natural gas supply in east China.
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