Equinor Seeks to Cut Emissions at Statfjord C
Equinor announced that it will replace two gas turbines with heat recovery to produce electric power at Statfjord C which will reduce its annual CO2 emissions by 95,000 tons.
News / International
Equinor Makes New Discovery in the North Sea
Equinor has announced that it has made a new discovery in the Troll/Fram area in the northern North Sea with volumes estimated at between 9 and 35 million barrels of oil equivalent (mmboe).
Namibia Plans $2.1B Port Expansion for Offshore Oil Production
Namibia is seeking private investment to expand its port infrastructure worth $2.1 billion after significant oil discoveries offshore the southern African country.
Chinese LNG Importers Expand Trading Activities to Manage Growing Supply Portfolios
The Chinese liquefied natural (LNG) gas importers are seeking to add trading desks in London and Singapore to better manage their growing and diversified supply portfolios in the increasingly volatile global market.
Aramco Ranks as the World’s Most Profitable Company
Saudi Aramco has ranked again as the world’s most profitable company over the last 12 months, achieving $156.36 billion in profits, according to that latest report from Forbes This happened despite the company's 38% decline in profit during the second quarter of this year.
ADNOC Signs LNG Agreement with Japan
Abu Dhabi’s ADNOC Gas has signed a five-year contract to supply liquified natural gas (LNG) to the Japan Petroleum Exploration Co. (JAPEX).
Wintershall Dea Awarded First CCS License in the UK
Wintershall Dea announced that it has won a new license by the North Sea Transition Authority (NSTA) to store CO2Â under the seabed.
Reconstruction of North Refinery at Al-Sumoud Complex Continues: Iraqi Oil Minister
The Iraqi Minister of Oil, Hayan Abdul Ghani, announced the continues reconstruction and rehabilitation operations for the north refinery located Al-Sumoud complex in Baiji.
