Product lines Wingtack®, PolyBD® and Dymalink® developed by Cray Valley, a TotalEnergies affiliate, will be acquired by Pacific Avenue Capital Partners.
Harbour Energy, bp signed an agreement to develop the Viking CCS transportation and storage project.
Chevron announced that the Anchor semi-submersible oil platform, part of the company’s U.S. Gulf of Mexico offshore project, is near completion.
Despite OPEC+’s surprising announcement last weak about extra production cut of 1.16 million barrels per day from May for the rest of the year, Saudi Aramco will maintain the same crude volumes supply to several North Asian buyers, According to Several sources with knowledge of the matter.
The new 2023-2027 business plan of GreenIT (51% owned by Eni's Plenitude) has been approved by the company’s Board of Directors and the financial support needed for its implementation has been approved by the shareholders.
QatarEnergy announced its agreement to acquire a 25% stake in the Gas Growth Integrated Project (GGIP), a massive gas project in Iraq, marking the rare entry of a major producer into a market that Western firms have pulled back from in recent years.
PETRONAS Carigali Sdn Bhd and SMJ Sdn Bhd have signed a Farm Out Agreement (FOA) to sell 50% of PCSB’s non-operating participating interest in the Samarang Production Sharing Contract (PSC).
In reaffirming their commitment to the Gas Growth Integrated Project's (GGIP) agreement that was signed in September 2021, TotalEnergies and the Iraqi government have jointly defined the necessary conditions and mutual insurances to move forward with the GGIP.
Baker Hughes, one of the world’s largest oil field services companies, declared an order to be booked in the first quarter of 2023 with its partner QatarEnergy to provide two main refrigerant compressors (MRCs) for the North Field South (NFS) project, which will be executed by Qatargas.
After the Organization of the Petroleum Exporting Countries and their allies including Russia (OPEC+) shocked the markets by announcing further production cuts of about 1.16 million barrels per day, oil prices increased, making the highest daily rise in nearly a year.
