Oil and Gas

CAPGC becomes the new owner of the Singapore Energy and Chemicals Park following the sale to Shell.

The company anticipates a further operational update later this month, providing more details on ongoing activities and upcoming strategic plans.

Island Drilling will be responsible for well plugging operations on the NCS, using the Island Innovator rig.

The project plans to transport up to 30 billion cubic meters of natural gas per year.

This contract includes ongoing technical support from specialized engineers working with both companies.

Upon purchase, Perenco will assume ownership and operation of the assets, becoming responsible for all restoration obligations.

Prices have increased by about 4 cents since last week, reaching a national average of $3.16 per gallon.

Petronor’s new Preflash tower in Muskiz optimizes the distillation process, reducing energy consumption and CO2 emissions.