Eni has announced its participation in the Oil and Gas Decarbonization Accelerator, a platform launched by the Presidency of COP28.
Italy's Saipem has announced that they have been awarded two offshore contracts worth approximately $1.9 billion.
Equinor has announced the sale of its Nigerian company, ENEC, to Chappal Energies, a Nigerian-owned energy company.
ENOC has announced the signing of a memorandum of understanding (MOU) with Finland's Neste, the world's leading producer of sustainable aviation fuel (SAF), to explore the possibilities of supplying and purchasing SAF in the Middle East and North Africa (MENA) region in the coming years.
Shell has given the go-ahead to contractor McDermott International Ltd to begin engineering work on the Manatee gas field development project located off the east coast of Trinidad and Tobago.
Eni and Open Energy Platform AG (Open EP) signed an agreement to ensure the flow of gas to Switzerland and Italy.
Elliott Investment Management, a prominent US activist investment firm, has recently acquired a $1 billion stake in Phillips 66, a leading US oil refiner and pipeline operator.
Falcon Oil & Gas has announced the start of stimulation activities at the Shenandoah South 1H (SS1H) well in Exploration Permit 117 in the Beetaloo Sub-Basin, Northern Territory, Australia, with Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran B2 Pty Limited.
Iraq has recorded an increase in crude oil exports, reaching 109,545,589 million barrels which generated $9.6 billion of revenues, according to a statement from Iraq’s Oil Ministry.