The program for regional gas supply and infrastructure expansion through the end of 2025 was signed today at the Russian Energy Week International Forum 2022 by Alexey Miller, Chairman of the Gazprom Management Committee, and Rustam Minnikhanov, President of the Republic of Tatarstan. This is the first time such document was signed with the Republic of Tatarstan.
PETRONAS has inked a Production Sharing Contract (PSC) with TotalEnergies EP Malaysia (TE), PETRONAS Carigali Sdn Bhd (PCSB), Sabah Shell Petroleum Company Limited (SSPC) and Shell Sabah Selatan Sdn Bhd (SSS) for Block 2K, an ultra-deepwater block located off the coast of Sabah.
For the fourth time since April, OPEC reduced its projection for the rise in global oil demand in 2022 and lowered its estimate for the following year, citing weakening economies, the revival of China's COVID-19 containment measures, and high inflation, Reuters reported.
Neptune Energy announced that it has received approval from the State Mining Authority for Rhineland-Palatinate to raise its production limit at its operated Römerberg oil field in the Rhine Valley, southwestern Germany, the company said in a statement.
DNO ASA, the Norwegian oil and gas operator, has announced that it completed the transaction agreement entered between DNO and RAK Petroleum plc ("RAK Petroleum") by which the Company will acquire Mondoil Enterprises LLC and its 33.33% indirect interest in privately held Foxtrot International LDC, whose principal assets are operated stakes in offshore production of gas and associated liquids in Côte d'Ivoire.
Nigeria’s government data has shown that its oil production continued to fall down during September due to a halt in onshore production, Bloomberg reported.
Dana Petroleum has chosen Petrofac to supply well management services for all of its assets operating in the UK North Sea. These include the FPSO (Floating Production Storage and Offloading) boats in the North Sea, Triton and Western Isles.
ADNOC Drilling has been given a contract worth $1.53 billion (AED 5.62 billion), according to a statement from the Abu Dhabi National Oil Company (ADNOC). The award supports ADNOC's goal to responsibly enhance production capacity and fulfil the rising global demand for dependable, low-carbon oil and gas, as well as the expansion of its offshore operations.
Eni declares the recent start of production from two gas fields related to the Berkine Sud contract in Algeria, just 6 months after the contract was awarded through an accelerated development (fast track).
According to CGT labor union representatives at TotalEnergies and ExxonMobil's Esso France, the strikes that have affected French oil refineries and storage facilities will resume, Reuters reported.
