Chevron Begins Production at Ballymore Oil and Gas Project in Deepwater Gulf of Mexico
Chevron Corporation has begun oil and gas production at its Ballymore subsea tieback development in the deepwater Gulf of Mexico. The project supports the company’s wider objective of achieving 300,000 net barrels of oil equivalent per day from the area by 2026. Efficient Tieback to Blind Faith Platform The Ballymore...
NextDecade Signs LNG Offtake Agreement with TotalEnergies for Rio Grande LNG Train 4
NextDecade Corporation announced that TotalEnergies has officially exercised its liquefied natural gas (LNG) purchase option for Train 4 at the Rio Grande LNG Facility. As part of this move, the subsidiaries of the two companies entered into a 20-year LNG Sale and Purchase Agreement (SPA), reaffirming their long-term partnership. Key...
Aramco, Sinopec, and Yasref Sign Agreement for Major Petrochemical Expansion in Saudi Arabia
Aramco, one of the world’s largest integrated energy and chemicals companies, alongside China Petroleum & Chemical Corporation (Sinopec) and Yanbu Aramco Sinopec Refining Company Yasref, has signed a Venture Framework Agreement (VFA). The deal sets the stage for a significant petrochemical expansion at Yasref’s facility in Yanbu, located on Saudi...
NextDecade Signs 20-Year LNG Agreement with Aramco Subsidiary for Rio Grande Plant
NextDecade Corporation, a leading energy company focused on providing secure, low-cost, and sustainable energy solutions, has signed a landmark 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with an energy giant Aramco subsidiary. The SPA is for the offtake from Train 4 at NextDecade's Rio Grande LNG plant...