Reposition Regional Sourcing After New Eni–Petronas JV Announcement

All members of Eni Indonesia and Petronas Indonesia staff have transitioned to Searah, alongside the establishment of Searah Malaysia, a dedicated entity created to manage Malaysian assets

” A $6 billion revolving credit facility has been secured, reflecting the strong confidence of the financial markets to fund Searah’s growth plans, which include a pipeline of expected investment for over $20 billion over the next five years to support the development of more than 3 billion boe of discovered resources and unlock multi-billion boe of additional exploration potential. All members of Eni Indonesia and Petronas Indonesia staff have transitioned to Searah, alongside the establishment of Searah Malay

“Leveraging the complementary portfolios and capabilities of both Petronas and Eni, Searah is envisaged to bring the operational depth, financial resilience and growth capacity of both partners in addressing the region’s growing energy needs reliably and responsibly, even as it contributes towards the long-term security of supply in Indonesia and Malaysia. ” A $6 billion revolving credit facility has been secured, reflecting the strong confidence of the financial markets to fund Searah’s growth plans, which inc

The FPSO refurbishment was undertaken to extend the vessel’s life and ensure its long-term operational capacity, as a significant development drilling program at Baobab is planned to begin in the second half of 2026. This Phase 5 drilling program is expected to include four producers, two to three injectors, and two workovers, providing potential meaningful additions to production from the main Baobab field

The company claims that the field is performing in line with its expectations. The FPSO refurbishment was undertaken to extend the vessel’s life and ensure its long-term operational capacity, as a significant development drilling program at Baobab is planned to begin in the second half of 2026

The FPSO refurbishment was undertaken to extend the vessel’s life and ensure its long-term operational capacity, as a significant development drilling program at Baobab is planned to begin in the second half of 2026

Ksi Lisims LNG concept; Source: Western LNG Uniper and Ksi Lisims LNG have signed a letter of interest (LOI) outlining key commercial terms for a pending supply and purchase agreement (SPA) for the delivery of 2 million tonnes per annum (mtpa) of LNG on a long-term basis, further strengthening the LNG portfolio’s diversification and adding to the security of supply

Home Fossil Energy Another European deal for Canadian LNG project as talks with Uniper advance June 9, 2026, by German energy player Uniper is looking to further diversify its liquefied natural gas (LNG) supply by moving forward with negotiations to secure Canadian LNG from a multibillion-dollar project being developed on Canada’s northwest coast to export lower-carbon LNG to markets in Asia. Ksi Lisims LNG concept; Source: Western LNG Uniper and Ksi Lisims LNG have signed a letter of interest (LOI) outlining k

” The German firm could start receiving first volumes of LNG as early as 2032