natural gas
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Fast-track development options are currently under review for the discovery.
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The license covers exploration and development of area fields for next 27 years.
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Europe is providing a stark look at the vagaries of geo- and energy politics and how quickly complacency can be shattered. Will its lessons learned be heeded by the rest of the world?
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ExxonMobil awarded the consortium the project management, engineering, and installation of the estimated 190-km pipeline.
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While the concentrations are low, the chemicals are potentially dangerous and some are linked to cancer risk, the researchers found.
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A large gas prospect offshore Norway fails to deliver
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The new discovery is expected to de-risk 50 Bcm of resources in region off Israel.
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Forecast increased demand for natural gas globally will keep new US liquefaction projects and additional proposals moving forward.
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South Africa’s Sasol has nixed plans to invest in the proposed African Renaissance Pipeline, opting instead to import LNG by tanker from Mozambique where TotalEnergies, Eni, and ExxonMobil are developing projects.
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The surge in oil and gas prices has reminded Europeans that they still need hydrocarbons and reminds them why they want to replace them.