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Natural gas condensates (petroleum) news
All news on
Natural gas condensates (petroleum)
: plants, production capacities, investments and involved companies.
Natural gas condensates (petroleum) is part of the
Natural Gas
.
3 June 2026
MOL Group starts first gas production at ACG field
First commercial gas from non-associated reservoirs beneath and above existing oil layers; initial well drilled from West Chirag; up to 4 Tcf estimated; gas to Sangachal via existing infrastructure.
8 April 2026
bp discovers gas offshore Egypt with fast-track potential
Denise W-1 in Temsah Concession found gas and condensate ~70 km offshore (95 m depth), <10 km from infrastructure; ~90 m gas-bearing sandstone; follows a 20-year concession renewal
24 March 2026
Equinor begins Raia pre‑salt gas drilling offshore Brazil
Six wells started 24 Mar with Valaris DS‑17 in ~2,900m water; recoverable >1bn boe; capacity 16m m3/day (~15% national demand); start‑up 2028; $9bn investment; FPSO ~6 kg CO2/boe.
19 March 2026
QatarEnergy: Missile strikes cut LNG export capacity 17%, $20bn annual loss
Missile strikes at Ras Laffan damaged LNG Trains 4 & 6; repairs may take 3–5 years with force majeure on contracts. Pearl GTL offline ≥1 year; condensate, LPG, naphtha and helium production affected.
17 March 2026
SOCAR and KMG reach 4 million tonnes of Kazakhstan oil transit via Azerbaijan
427th Kazakhstan shipment left Aktau on Mar 12, arrived Sangachal on Mar 13; oil from Tengiz and Kashagan fields delivered to Sangachal, then sent via BTC pipeline to Ceyhan for export.
17 March 2026
Eni Begins Gas Delivery from Angola's Quiluma Field
Quiluma field starts gas delivery at 150 MMSCF/day, aiming for 330 MMSCF/day in 2026. Gas processed at Soyo plant for Angola LNG export and domestic use.
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10 March 2026
ORLEN Confirms Gas Discovery in North Sea's Sleipner Area
Gas and condensate found in Frida Kahlo prospect, estimated at 7.2 million barrels. Production to start by 2026 using existing infrastructure, reducing costs and time.
10 March 2026
Equinor Finds Oil and Gas in North Sea
Oil and gas found in Troll and Sleipner areas, leveraging existing infrastructure. New discoveries support ongoing energy supply and exploration efforts on the Norwegian continental shelf.
27 February 2026
PETRONAS Reports Lower Profit Amid Market Challenges, Focuses on Long-Term Value
Revenue and profit decreased due to lower prices and sales. PETRONAS prioritizes resilience and strategic growth amid ongoing market volatility and geopolitical challenges.
27 February 2026
KazMunayGas 2025 Trading Update
Hydrocarbon reserves stable; oil and gas production up. Oil transport steady; refining and polypropylene output increased.
26 February 2026
Aramco Advances Gas Expansion with Jafurah and Tanajib Projects
Jafurah and Tanajib projects boost gas production, aiming for 80% capacity increase by 2030, supporting economic growth and energy diversification.
16 February 2026
Eni Discovers Gas and Condensate in Côte d'Ivoire's Calao Channel
Murene South-1X well in Block CI-501 confirms significant gas and condensate potential in Côte d'Ivoire, with estimated volumes of 5.0 Tcf gas and 450 million barrels of condensate.
2 February 2026
XRG Acquires Stake in Southern Gas Corridor
XRG signed an agreement with Azerbaijan to invest in Southern Gas Corridor, enhancing energy security and cooperation in the region.
20 January 2026
ORLEN Discovers Gas in North Sea
New gas found in the North Sea's Sissel field, with potential production of 1 billion cubic meters. Development may tie into existing infrastructure, reducing costs and ensuring stable supply.
19 January 2026
Rompetrol Energy's Petromidia Cogeneration Plant Now Operational
The Petromidia cogeneration plant is operational, enhancing energy infrastructure, reducing costs, and supplying electricity and steam to the refinery and National Energy System.
18 December 2025
ADNOC Secures $11 Billion Financing for Hail and Ghasha Gas Project
The financing supports Hail and Ghasha's gas production, with participation from over 20 financial institutions, enhancing project resilience and ADNOC's strategic growth.
9 December 2025
Eni Discovers Major Gas Reserve in Indonesia's Kutei Basin
Konta-1 well reveals 600 Bcf gas, potential over 1 TCF. Fast-track development planned, leveraging nearby facilities. Further exploration in Kutei Basin set for 2026.
5 December 2025
Equinor Discovers Gas and Condensate in North Sea
Two new gas and condensate finds in the Sleipner area can be developed for Europe using existing infrastructure, enhancing export capacity and profitability with minimal environmental impact.
27 November 2025
Eni Opens Gas Treatment Plant in Angola
The Soyo plant processes 400 MMscfd of gas, supporting Angola's energy diversification and global market position. Operations began in November 2025, six months ahead of schedule.
3 November 2025
XRG Expands Caspian Presence with Stake in Southern Gas Corridor
XRG signs non-binding terms to acquire a stake in SGC, enhancing UAE-Azerbaijan energy ties and boosting European energy supply diversification.
30 October 2025
KazMunayGas 9M 2025 Trading Update
Oil and gas production rose by 10%, while transportation fell by 1.1%. Hydrocarbon processing increased by 11.7%. Notable growth at Tengiz and Karachaganak; slight decline at Kashagan.
30 October 2025
bp Advances Bumerangue Discovery Plans in Brazil
bp confirms a large hydrocarbon column at Bumerangue, with appraisal activities set for 2027. Initial results show promising liquid volumes, boosting confidence in the field's potential.
28 October 2025
Aramco and GIP Finalize $11 Billion Jafurah Midstream Deal
The Jafurah project will start production by year-end, expanding gas capacity and supporting Saudi Arabia's growth in energy and petrochemicals.
20 October 2025
bp Announces Discovery in Namibia's Orange Basin
Volans-1X well in Orange Basin finds 26m of gas condensate reservoirs with high CGR. Third major 2025 discovery for Azule Energy partners. Further evaluation ongoing.