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.
News / International
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.
Nigeria Records 300,000 bbl/d Increase in Crude Oil
Nigeria recorded 1.67 million barrels of oil (mmbbl/d) and condensates per day, compared with just under a million barrels some months ago, due to security improvements in the producing Niger-Delta region.
Eni, Snam Seek to Turn Italy into Major CCS Hub
Eni, in a joint venture with Italian utility Snam, set up last year the first CCS project in Italy offshore from the city of Ravenna.
Altagas Tends to Buy Natural Gas Assets Worth $480M
Altagas has announced that it has agreed to buy some natural gas assets from Tidewater Midstream and Infrastructure.
