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Natural gas projects to dominate planned FIDs across the O&G value chain in 2022

This post was originally published on this siteGlobalData’s latest report, “Global Oil & Gas FIDs in 2022,” indicates that oil and gas final investment decisions (FIDs) planned across the oil and gas value chain in 2022 continue to reflect the growth in the importance of natural gas as countries and companies continue to take measures

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ConocoPhillips divests Indonesian assets to MedcoEnergi for $1.35bn

This post was originally published on this siteConocoPhillips, a US-based hydrocarbon exploration company, has divested its Indonesian assets to Medco Energi Internasional (MedcoEnergi) for $1.35bn. As per the deal signed in December 2021, MedcoEnergi acquired ConocoPhillips Indonesia Holding (CIHL) from Phillips International Investments, a unit of ConocoPhillips. CIHL wholly owns ConocoPhillips (Grissik) (CPGL), the operator

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QatarEnergy and Namibia’s national oil company team up to develop oil & gas sector

This post was originally published on this siteQatarEnergy has signed a cooperation agreement with Namibia’s NAMCOR to support and develop a sustainable oil and gas sector in Namibia. The post QatarEnergy and Namibia’s national oil company team up to develop oil & gas sector appeared first on Offshore Energy.

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Global coking capacity additions to cross 11.3MMbd by 2026

This post was originally published on this siteGlobalData’s latest report, “Global Capacity and Capital Expenditure Outlook for Refineries, 2022,” indicates that global coking capacity is expected to witness a growth of 10.3% over the next four years, potentially increasing from 10.2 million barrels per day (MMbd) in 2022 to 11.3MMbd by 2026. Asia’s coking capacity

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