Ineos and Covestro Announce Landmark LNG Deal
Ineos and Covestro announced a significant long-term agreement for the natural gas supply for up to eight years, starting in 2027.
natural gas
OMV to Divest Upstream Gas Assets in Malaysia to TotalEnergies
Austrian oil, gas and chemicals group OMV has signed an agreement to divest its 50% stake in Malaysia’s natural gas producer SapuraOMV Upstream to TotalEnergies for $903 million, including the transfer of a $350 million loan granted by OMV to SapuraOMV.
Graforce and Worley to Scale Methane Electrolysis Technology in Asia-Pacific
German hydrogen technology company Graforce and Australian multinational engineering contractor Worley are collaborating to scale methane electrolysis (plasmalysis) in Australia, China and Asia-Pacific.
Qatar Awards first North Field Contracts
The emirate of Qatar has begun signing agreements with US and European energy majors for the country’s planned $30 billion expansion of its North Field, which is believed to harbor the world’s largest natural gas reserves. TotalEnergies is taking the top slot.
