Skip to content

$19 billion takeover bid takes step forward: Santos and ADNOC-led firm embark on talks

With a six-week exclusive due diligence period in effect, Australia’s energy player Santos has kicked off negotiations concerning an $18.7 billion non-binding indicative offer for all its shares with a consortium led by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), comprising Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle.  The post $19 billion takeover bid takes step forward: Santos and ADNOC-led firm embark on talks appeared first on Offshore Energy.

Texas Gulf Coast getting new low-carbon LNG export facility

A privately held energy infrastructure development company plans to develop a liquefied natural gas (LNG) facility on the Texas Gulf Coast. The post Texas Gulf Coast getting new low-carbon LNG export facility appeared first on Offshore Energy.

PTT secures first long-term LNG export contract outside Thailand

Thailand’s state-owned oil and gas company PTT has signed a heads of agreement (HoA) with the U.K.-based energy company Centrica Energy for a long-term supply of liquefied natural gas (LNG). The post PTT secures first long-term LNG export contract outside Thailand appeared first on Offshore Energy.

FT Hydrogen Summit: Hydrogen Council urges pragmatism in ‘rollercoaster’ world | drive final investments

The hydrogen industry and the governments that support it in key markets need to maintain focus and keep investing in a changing world. The pitch was made by Ivana Jemelkova, CEO of the Hydrogen Council, which is a key global advocate for the industry. She was addressing delegates in an on-stage interview at the FT Hydrogen Summit 2025 in London. “There are many variables and pressures when it comes to hydrogen. And at times it feels like a rollercoaster ride in relation to the molecule’s regulation. But the trajectory of the hydrogen industry is clear: the industry is growing fast in terms of committed capital, and things are maturing and moving. The strongest large projects, in particular, are succeeding,” said Jemelkova. The need for pragmatism that Jemelkova made was reference to the West’s quest for… Read More »FT Hydrogen Summit: Hydrogen Council urges pragmatism in ‘rollercoaster’ world | drive final investments