Baker Hughes announced that it has been awarded a significant order, to be booked in Q2 2023, by MODEC to supply gas technology equipment for the BM-C-33 project in the Brazilian pre-salt Campos area.
Libyan Minister of Oil and Gas Mohamed Aoun affirmed that his country continues to send natural gas to Europe through the Greenstream pipeline, Wam news agency reported.
The Iraqi Drilling Company (IDC) announced that it has drilled and reclaimed 86 oil wells during H1 of 2023.
Jersey Oil & Gas gas announced that it has finalized the Greater Buchan Area (GBA) development solution.
The UAE’s Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei, announced that his county will invest between AED 150-200 billion by 2030 to meet energy demand while sustaining economic growth in the UAE.
According to data released by the Energy Institute (EI), Iran's natural gas exports has reached 18.9 billion cubic meters (bcm) in 2022, increasing by 9% compared to 17.3 bcm in 2021, IRNA reported.
Saudi Arabia announced deepening its oil cuts for July pushing the prices higher despite concerns over a global economic slowdown and possible further interest rate increases from the U.S. Federal Reserve.
ADNOC announced that it has awarded a contract of $1.34 billion to Petrofac Emirates LLC and the Consortium between National Petroleum Construction Co. PJSC and C.A.T International Ltd. to expand its natural gas pipeline network.
Global consulting and engineering leader John Wood Group (Wood) scored a spectacular contract extension by Brunei Shell Petroleum (BSP).
OPEC, Organization of the Petroleum Exporting Countries, anticipates that global energy will increase by 23% by 2045 and overall demand will surge to 110 million barrels per day, according to Haitham Al Ghais, OPEC's Secretary General, Reuters reported.
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