Oman Will Seek Talks With BP, Shell to Secure Latest LNG Project [Yahoo! Finance Canada]
TotalEnergies SE (TTE)
Company Research
Source: Yahoo! Finance Canada
(Bloomberg) -- The future of Oman's next liquefied natural gas production facility hinges on private investments from some of the world's biggest energy companies. Most Read from Bloomberg Oman's economy relies heavily on oil and gas production and increasing its exports would bolster its strained finances. But the government is no longer willing to provide state funds and future projects must be financially viable on their own. To gauge interest, the Ministry of Energy and Minerals will open discussions with companies that produce gas in Oman, including BP Plc, Shell Plc and TotalEnergies SE in the first quarter of next year, Energy Minister Salim Al-Aufi said in an interview on Wednesday. “If we are unable to get enough gas suppliers participating, then the whole project will be canceled,” he said. “It all depends on being able to secure — without government intervention — the gas feedstock to the fourth train. If we are unable to secure the gas feedstock, then we call it a
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TTE
Earnings
- 10/31/24 - Miss
TTE
Sec Filings
- 12/2/24 - Form 6-K
- 11/7/24 - Form SC
- 11/1/24 - Form 6-K
- TTE's page on the SEC website