Sembcorp has signed a Gas Sales Agreement (GSA) with Medco E&P Natuna, a wholly-owned subsidiary of Medco Energi Internasional, to import natural gas piped from the West Natuna gas fields in Indonesia at an estimated value of S$1.9 billion.
The UK offshore energy industry has repeated its call for the Labour party to meet and listen to the industry following Sir Keir Starmer’s speech to the GMB congress 2023 in Brighton on June 6. Gary Smith, GMB General Secretary, said the sector needs plans not bans and warned that the UK still imports too much of its energy.
Jersey Oil & Gas has announced that the North Sea Transition Authority ( NSTA ) has approved an extension to the Second Term of its P2498 Buchan Licence. The NSTA has approved the Company s request to assign a 50% working interest in both licence P2498 and licence P2170 ( Verbier ) to NEO Energy, as part of the recently announced Greater Buchan Area farm-out transaction.
Chevron Australia and the Gorgon Joint Venture Participants have announced the production of first gas from the Gorgon Stage Two development off the northwest coast of Western Australia.