Tellurian, Baker Hughes Sign Agreement to Supply Equipment for Driftwood LNG Project
Tellurian, Baker Hughes announced that they have signed an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project.
News / International
Mubadala Capital, Petrobras Finalize Agreement to Invest in Biofuel Project
Mubadala Capital and Petrobras have singed a Memorandum of Understanding (MoU) to explore potential investment by Petrobras into a biofuel project currently being developed by Mubadala Capital in the State of Bahia, Brazil.
Oman’s Oil Exports Reach 178.9 mmbbl by end of July 2023
Data released by the National Centre for Statistics and Information (NCSI) showed that the total amount of exported oil recorded 178,956,300 barrels at the end of July 2023.
Baker Hughes, Venture Global LNG Ink Expanded Master Equipment Supply Agreement
Baker Hughes, Venture Global LNG has announced that they engaged in an expanded master equipment supply agreement to deliver additional additional liquefaction train systems and power island systems for Venture Global’s future LNG export projects.
SDX Energy Starts Drilling Ksiri-21 Gas Well in Morocco
SDX Energy plc has announced that it commenced drilling the Ksiri-21 (KSR-21) well in Sebou Central of the Gharb Basin in Morocco.
Oman’s OQGN to Float 49% of its Stakes
Oman's OQ Gas Networks (OQGN), the pipelines business of state oil giant OQ, said it planned to float up to 49% of its shares through Oman Energy Trading Company Limited and Oman Oil Services Limited, in what is expected to be the biggest initial public offering (IPO) in the Sultanate in almost two decades.
Iran, China Sign MoU in Petrochemicals
Iran announced that it has signed a memorandum of understanding (MoU) with China to provide technical know-how and implement a project of Fanavaran Petro Olefin Company.
Irans Oil Production Capacity Records Increase of 4% Since Two Years
The Iranian Minister of Oil, Javad Owji, stated that the country’s oil production capacity has increase by 40% since two years.
Octopus Energy Acquires Shell’s Home Energy Business in UK, Germany
Shell has announced on Friday selling its home energy business in the UK and Germany to British energy supplier Octopus Energy Group. The deal, worth $50-100 million, also explores partnerships with the two companies over electric vehicle (EV) charging.
SK ecoplant Secured $15B Green Hydrogen Project in Canada
South Korea's SK ecoplant Co. has received approval to develop $15 billion green hydrogen project in Canada, set to become one of the largest projects in the world.
