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ADNOC eyes coming aboard $50 billion LNG project with Eni and YPF in South America

Thanks to a deal with Italy’s energy giant Eni and Argentina’s oil and gas firm YPF, XRG, a subsidiary of the UAE-headquartered Abu Dhabi National Oil Company (ADNOC), has taken a non-binding step to join a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on the South American country’s Atlantic coast. The post ADNOC eyes coming aboard $50 billion LNG project with Eni and YPF in South America appeared first on Offshore Energy.

UK urged to seize space economy opportunities | Cryogenics & Cryogenic Solutions

The UK should act now to secure its place at the forefront of the new global space race, says a UK government-commissioned report out today. The report, by the cross-party House of Lords UK Engagement with Space Committee, is called The Space Economy: Act Now or Lose Out. It states that space and satellites are transforming lives, and dramatic falls in launch costs, coupled with rapid innovation in satellite design, have opened a new frontier which promises economic, scientific, and security benefits for a range of sectors, including industrial gases, which are crucial to every single space launch. Among the recommendations to the government are: Provide clear strategic direction by publishing detailed, funded delivery plans for national space capabilities Prioritise multi-use technologies by investing in systems that serve both national security and commercial growth Appoint a… Read More »UK urged to seize space economy opportunities | Cryogenics & Cryogenic Solutions

Shell lines up 15-year offtake from ADNOC’s mega LNG project

Abu Dhabi National Oil Company (ADNOC) has struck a multi-year liquefied natural gas (LNG) offtake deal with Shell International Trading Middle East Limited FZE, a wholly-owned subsidiary of the UK-based Shell, for its low-carbon LNG project, currently under development in the United Arab Emirates (UAE). The post Shell lines up 15-year offtake from ADNOC’s mega LNG project appeared first on Offshore Energy.

Inpex adds three assets to Norwegian portfolio

Inpex Idemitsu Norge, a subsidiary of Japan’s Inpex, has completed the acquisition of three assets in Norwegian waters from Norway’s oil and gas company Pandion Energy. The post Inpex adds three assets to Norwegian portfolio appeared first on Offshore Energy.