Baker Hughes, an international energy technology company, announced that it has been awarded a major contract to provide a modularized liquefied natural gas (LNG) system and power island.
OPEC Secretary General Haitham Al Ghais stated that OPEC is optimistic about demand and asserts the necessity to increase production, Reuters reported.
Italy’s Enel, through its subsidiary Enel Green Power (EGP), announced that it completed the sale of a 50% stake in Enel Green Power Australia Pty Ltd and Enel Green Power Australia Trust (collectively known as Enel Green Power Australia or EGPA) to Japan’s INPEX Corporation.
In a significant development for the subsea production industry, SLB, Aker Solutions, and Subsea7 have announced the final closing of their joint venture.
The European Union (EU) initiated the first phase of the Carbon Border Adjustment Mechanism (CBAM), which is the world's first system to impose CO2 emissions tariffs on imported goods such as steel, cement, and other products as EU tries to stop more polluting foreign products from undermining its green transition.
Uganda's Tilenga and Kingfisher petroleum projects, along with a pipeline to transport their oil to Tanzania for export, are progressing smoothly and are expected to commence production by 2025, according to Proscovia Nabbanja, the CEO of Uganda National Oil Co.
Baker Hughes announced that it has awarded two contracts for supplying technology from Vår Energi which expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea production systems.
TotalEnergies EP Angola announced that it has finalized the sale to of its 40% interest in Block 20 to PETRONAS ANGOLA E&P LTD (PAEPL), a company belonging to the PETRONAS group of companies.
The French Minister of Environment, Christophe Bechu, said that his country tends to replace fuel and gas heaters in the houses with the heat pumps which can help in reducing greenhouse gas emissions.
Worley has announced that it will provide front-end engineering design (FEED) services for QatarEnergy LNG's groundbreaking CO2 sequestration project in Ras Laffan, Qatar.
