News / International
Eni Signs New LNG Sales Agreement from Indonesia
Eni has announced that it signed a new LNG sales and purchase agreement with Merakes LNG Sellers, according to a press release from the company.
TechnipFMC Revenues Surge in Q3 2023
TechnipFMC has announced a total revenue of $2,056.9 million, with an income from continuing operations attributable to TechnipFMC of $90 million. Adjusted income from continuing operations was $93.7 million, or $0.21 per diluted share.
Shell, QatarEnergy Sign Long-Term LNG Agreement
Shell and QatarEnergy signed a long-term LNG sale and purchase agreement (SPA) for the development of the North Field East (NFE) project in Qatar to supply up to one million tons per annum (MTPA) of LNG from Qatar to Italy’s FSRU, which is currently located in the port of Piombino in Italy’s Tuscany region and is expected to receive LNG in 2026 with a duration of 27 years.
Iraq’s Oil Exports Surged in September
Iraq’s Ministry of Oil announced that the country's crude oil exports reached a total of 103.143.199 million barrels in September, generating revenues of $9.422 billion.
Baker Hughes Achieves $6.6B in Revenues in Q3 2023
Baker Hughes has announced that it has achieved revenues of $6.6 billion in Q3 2023, up 24% year-over-year (YoY).
Aramco, ENOWA to Develop First Synthetic Electro Fuel Plant
Aramco and ENOWA, NEOM’s energy and water company, have signed a joint development agreement to construct and establish a first-of-its-kind synthetic electro-fuel (e-fuel) demonstration plant.
CCED Commences Flare Gas-to-Power Project in Oman
CC Energy Development (CCED) has started a flare gas-to-power project in its blocks 3 and 4 (Afar and Ghunaim) operations on the east coast of Oman to reduce greenhouse gas emissions (GHG) and reach a zero gas flaring target by 2027.
CNOOC Reports Record Capital Spending, Lower Profit in Q3 2023
CNOOC, China's offshore oil and gas company, has announced its results for the third quarter of 2023, revealing a record level of capital spending and a decrease in profit due to lower oil prices. Despite this, the company achieved better-than-expected operating results and set new records in oil and gas reserves and production.
China to Cap Crude Oil Refining Capacity at 1B Tons by 2025
China will cap its crude oil refining capacity at 1 billion metric tons by 2025 to streamline the country's vast oil processing sector and reduce carbon emissions, the country's state planning agency affirmed in an online post.
