
XRG discusses stake in Eni’s Libya business, Reuters reports
Reuters sources describe preliminary negotiations with no certainty of a deal. Eni’s Libyan output averaged about 162,000 boe/d in 2025, while neither company confirmed the discussions.

Reuters sources describe preliminary negotiations with no certainty of a deal. Eni’s Libyan output averaged about 162,000 boe/d in 2025, while neither company confirmed the discussions.

NOC targets launch by the end of October, while Eni forecasts annual domestic gas supply of about 700 million standard cubic metres from facilities built to recover gas previously flared at Bouri.

Pertamina and Medco will acquire 10% interests in different PSCs covering producing fields, the North Hub and South Hub developments and Geliga, with government and regulatory clearance still needed.

Mellitah’s turnkey package covers well connections, export pipelines and a CO2 injection network, with EPIC work expected to begin by the third quarter of 2027 and installation to proceed in two phases.

Liverpool Bay CCS has installed the Douglas CCS platform, featuring a 1,885 t topside and 1,755 t jacket. The wider CO₂ transportation and storage network serving HyNet is approximately 50% complete.

Yinson Production will upgrade FPSO John Agyekum Kufuor offshore Ghana, increasing gas export capacity to 355 MMscf/d. The agreement also extends the vessel’s firm lease to 2036 and adds $600 million to its backlog.

Ventura Offshore has added the JKNE Upside-1 Dir well to SSV Catarina’s Indonesia drilling programme, increasing firm backlog by about $21.7 million.

Halliburton has secured a bundled well construction and completions contract from Eni for the Cronos ultra-deepwater development offshore Cyprus.

Rosetti Marino has sent the Douglas CCS platform from Piombino to Liverpool Bay, where offshore installation is scheduled by the end of September under the Liverpool Bay CCS project.
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