TechnipFMC Awarded EPCI for Equinor’s Johan Sverdrup Phase 3
The Johan Sverdrup Field, which originally began production in 2019, is one of the largest developments in the Norwegian North Sea.
Charif Souki Plans Third US NatGas Venture, Including E&P Team
Charif Souki, co-founder of the Lower 48’s first and largest LNG exporter, has his sights set on a third natural gas venture after his exit from Tellurian Inc.
E&P Highlights: March 24, 2025
Here’s a roundup of the latest E&P headlines, from an oil find in western Hungary to new gas exploration licenses offshore Israel.
Apollo Acquires BP’s Gas Pipeline Stake for $1B
BP Pipelines holds a 12% interest in the Trans-Anatolian Natural Gas Pipeline (TANAP), which transports natural gas from Azerbaijan across Turkey.
UK Gas Producer Energean Terminates Carlyle Deal Over Approval Delays
The company said that the two parties were unable to agree on an extension of the long-stop date beyond March 20 to meet the conditions of the agreement.
Energy Transition in Motion (Week of March 21, 2025)
Here is a look at some of this week’s renewable energy news, including a move by U.S. President Donald Trump to boost domestic production of critical minerals.
RWE Slashes Investment Upon Uncertainties in US Market
RWE introduced stricter investment criteria in the U.S. and cut planned investments by about 25% through 2030, citing regulatory uncertainties and supply chain constraints as some of the reason for the pullback.
Market Volatility Sidelining Some Energy Investment
Needed permit reform will take time and general policy uncertainty could slow-play natural gas projects.
Energean Says Regulatory Approvals Delay Puts Carlyle Deal at Risk
Failure to meet these conditions may lead to the termination of the deal.
US NatGas Dominance Collides with Permitting, Tariffs, Layoffs
Executives at BP, Sempra Infrastructure and the American Petroleum Institute weighed in on U.S. natural gas prowess and the obstacles that could stand in the way: snagged permitting, prohibitive steel tariffs and layoffs of federal workers needed to approve projects.