MOL will acquire BG Cyprus and its 35% non-operated interest in the Eastern Mediterranean field, with completion expected in 2027 and part of the price linked to milestones.
Taipei suspended 500,000 tonnes of semiannual spot purchases after Papua New Guinea ordered its representative office closed, while 1.2 million tonnes of annual contracted supply continue through 2030.
Adnoc has taken a $6.2 billion final investment decision to develop the Umm Shaif gas cap, unlocking over 600 million scfd of natural gas and associated liquids. The project, with partners TotalEnergies, Eni and CNPC, includes $5.1 billion in EPC contracts and a 14-well drilling programme, with production expected by 2030.
