ADNOC and OCI have announced a sale and purchase agreement for the acquisition of OCI's majority shareholding in Fertiglobe, the world’s largest seaborne exporter of urea and ammonia combined, the largest nitrogen fertilizer producer in the Middle East & North Africa, and an early mover in sustainable ammonia, with production facilities in Egypt, Algeria and the UAE.
TotalEnergies, QatarEnergy, and Petronas have signed a production sharing contract with Staatsolie Maatschappij Suriname (Staatsolie), the state-owned oil company of Suriname in South America, for Block 64.
Iraq's South Refineries Company has successfully operated its fourth refining unit, producing 50,000 barrels per day (bbl/d) of oil, said Hamid Younis, the Undersecretary of the Ministry of Oil for Refining Affairs.
Venezuela's state oil company PDVSA and US oil major Chevron have requested a 15-year extension for two of their joint ventures from the country's oil ministry, said Deputy Minister Erick Perez.
Neptune Energy, along with its partners EBN, Tenaz Energy, and ExxonMobil Netherlands CCS, has progressed the L10CCS project from the Concept Select phase to the Define/FEED phase, which involves conducting technical and economic assessments to determine the feasibility of the project.
Brazil's latest offshore oil auction, organized by the country's oil regulator, ANP, saw fierce competition among major oil and gas companies.
Germany's state-owned Securing Energy for Europe GmbH, SEFE, has sought approval from the US energy regulator for liquified natural gas (LNG) developer Venture Global to begin construction on its Calcasieu Pass 2 LNG (CP2) LNG project in Louisiana.
TotalEnergies has announced its plans to accelerate its development in the electricity business.
Baker Hughes, a leading energy technology company, has announced a 20-year framework agreement with Chevron Australia Pty Ltd. where Baker Hughes will provide its innovative Aptara Subsea production systems for Chevron Australia's future offshore developments.
Aramco, a global leader in energy and chemicals, has announced its plans to acquire a 40% equity stake in Gas & Oil Pakistan, GO.
