UK-headquartered energy giant Shell has reached an agreement with Hungarian multinational oil & gas company MOL Group for the sale of its 100%-owned subsidiary BG Cyprus Limited for up to $720 million. BG Cyprus holds a 35% non-operated interest in the Cyprus Offshore Block 12, containing the Aphrod
The vessel fleet required for first phase operations of the Northern Lights CO2 project in Norway has been completed with the arrival of the fourth liquefied carbon dioxide (LCO2) carrier from China. Northern Purpose, custom-designed to transport liquefied CO2 as part of the world’s first cross-bord
