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J.P. Morgan

June 9, 2026

EU Energy Sector Specialist Commentary

Weekly UpdateEquitiesCommoditiesRates Govt BondsEnergyIndustrials

The report provides an update on European energy market news, including major contract wins for Technip Energies, joint venture activity between Eni and PETRONAS, and asset updates for Aker BP. It also tracks ongoing LNG shipping developments in the Strait of Hormuz.

Key Takeaways

  • 1.Technip Energies secured a major EPCIC contract for the Coral Norte FLNG project in Mozambique.
  • 2.Eni and PETRONAS launched 'Searah', a 50-50 joint venture consolidating 19 gas assets across the ASEAN corridor.
  • 3.Aker BP is increasing its ownership interest in the Johan Sverdrup field to ~31.72%.

Table of Contents

  • Key Newsflow
  • JPM Global Energy Spec Sales Content
  • Access
  • Oil Macro and Flows
  • Company News
  • Macro
  • Global Oil & Gas Research
  • J.P. Morgan Global Oil & Gas Access
  • Sector Calendar

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Authors

Ian Mitchell

Securities

TE.PAENI.MIAKRBPEQNR

Themes

LNG infrastructure expansionGeopolitical impact on energy flowsEnergy transition and sustainable aviation fuel

Regions

EuropeMiddle EastAsia PacificItalyMozambiqueFrance