News / International

Eni Sells 10% of Saipem at 1.970 Euros Per Share

Italian energy company Eni has completed the sale of 10% of the share capital of oilfield group Saipem at 1.970 euros per share for a total value of 393 million euros ($421.96 million).

Baker Hughes Secures Integrated Solutions Contract for Petrobras’ Offshore Fields

US Baker Hughes, an energy technology company, has been awarded a deal from petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil.

ADNOC Fully Redeems Exchangeable Bonds in ADNOC Distribution

ADNOC has said that it has redeemed in full its US dollar-denominated senior unsecured bonds (Exchangeable Bonds) in ADNOC Distribution, maintaining a stable shareholding level in ADNOC Distribution following maturity of the Exchangeable Bonds.

Saudi Aramco to Raise $11.2B in Stock Offering

Saudi Arabia is poised to raise more than $11.2 billion, selling about 60% shares in oil giant Aramco to International investors, aiming to bolster funds for the country’s spending plans, according to Bloomberg.

CNOOC Makes Major Gas Discovery in Lingshui 36-1 Gas Field in South China Sea

CNOOC Ltd. has announced a major gas exploration in the Lingshui 36-1 gas field located in the western South China Sea. The gas field, with a 1,500-meter water depth, has been tested to produce over 10 million cubic meters per day (mmcm/d) of open-flow natural gas, according to CNOOC’s press release.

Wintershall Dea Alongside Its Partners Commence Drilling at Fénix Gas Field Offshore Argentina

Wintershall Dea has announced the start of development drilling at Fénix, the largest natural gas field under development located around 60 kilometers off the coast of Tierra del Fuego, Argentina.

Iraq Achieves Self-Sufficiency in Gas, Oil, Kerosene

Iraq has reached self-sufficiency of gas, oil, and kerosene in addition to increasing the production of petroleum derivatives at a rate of 360 thousand barrels per day, according to Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani.

TotalEnergies Signs 15-Year Deal For Green Hydrogen Delivery in Europe

TotalEnergies said on Friday that it has signed a 15-year agreement with Air Products for annual supply of 70,000 tons of green hydrogen in Europe starting in 2030. This marks the first long-term green hydrogen supply contract for TotalEnergies under its tender, launched last year,  to supply 500,000 tons of green hydrogen annually to decarbonize the company’s refineries in Europe.

Petronas’ Subsidiary Signs Deal with DNV for CCS Project in Malaysia

Petronas wholly-owned subsidiary, Petronas CCS Ventures have signed a Master Price Agreement with DNV for the certification of carbon dioxide storage sites and associated facilities for Carbon Capture and Storage (CCS) projects in Malaysia.

QatarEnergy Signs 4MTPA LNG Supply deal with Taiwan CPC for 27 Year

QatarEnergy has signed Sales and Purchase Agreement (SPA) with Taiwan CPC Corporation for the delivery of four million tons per annum (mtpa) of liquefied natural gas (LNG) from the North Field East LNG expansion project (NFE) to CPC for 27 years

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