TotalEnergies’ $20B Mozambique LNG project faces a major financing shift after the UK and Dutch export credit agencies withdrew support. Partners are injecting new equity, and most lenders remain committed as the project resumes with a revised strategy.
Oil, Gas & LNG – Global Energy Update Read Full Blog →
ExxonMobil is in discussions with Iraq to acquire Lukoil’s major stake in the giant West Qurna-2 oilfield. The potential deal could reshape Iraq’s upstream landscape and strengthen ExxonMobil’s Middle East portfolio.
Oil, Gas & Upstream – Global Energy Update Read Full Blog →
ONGC has signed a long-term Ethane Unloading, Storage and Handling (USH) agreement with Petronet LNG Limited — signalling a major strategic shift toward petrochemical feedstock imports and fortifying India’s downstream supply chain.
Oil & Gas – India Energy Update Read Full Blog →
Shell and Equinor have officially launched Adura, a 50:50 joint venture consolidating 12 UK North Sea assets. With expected output above 140,000 boe/d by 2026, Adura is now the largest independent producer in the basin.
Oil, Gas & Upstream – UK North Sea Update Read Full Blog →
Intelligent Operations orchestrates complex workflows automatically assigning tasks, updating systems, validating data, and routing approvals using AI-driven decision rules. Manual work is replaced with business process automation that understands context, evaluates conditions, and adapts in real time.
CTRM & ETRM Modernisation Read Full Blog →