In order to gain access to the significant Maghreb Europe Gas Pipeline (GME) in Morocco, Chariot Limited, the transitional energy firm with an emphasis on Africa, is delighted to announce that it has signed a Pipeline Tie-In Agreement with the Office National des Hydrocarbures et des Mines (“ONHYM”). The GME, which is owned and controlled by ONHYM, extends from eastern Morocco through Tangier in the north and then over to Spain.
As Russia throws Europe deeper into the abyss by shutting down Nord Stream 1, an official from the country's state-owned gas company Gazprom said that Europe's biggest natural gas pipeline will not resume gas flows until Siemens Energy makes the necessary repairs on faulty equipment.
In order to jointly develop the "Nour Project," a sizable green hydrogen project to be located in Mauritania, "The Consortium," made up of Chariot, the Africa-focused transitional energy company, and Total Eren, a leading Paris-based renewable energy Independent Power Producer (IPP), announced that it will begin feasibility studies.
The Lower Zakum field, located off the coast of Abu Dhabi, will receive a new main gas line as part of a $548 million contract, according to the Abu Dhabi National Oil Company (ADNOC).
ConocoPhillips, one of the biggest independent oil producers in the United States, will supply natural gas and oversee a carbon capture and storage facility for a proposed U.S. hydrogen gas project that will be developed in collaboration with Japan's biggest utility JERA.
A final investment decision (FID) has been made to proceed with the development of the Rosmari-Marjoram gas project by PETRONAS Carigali Sdn Bhd (20%) and Sarawak Shell Berhad (80%, Operator).
Sources talking to the Wall Street Journal stated that Russia does not favor a reduction in oil production at this time and that it is probable OPEC+ will maintain its output.
Affiliates of ExxonMobil have agreed to sell Green Gate Resources E, LLC, a division of IKAV, all of ExxonMobil's interests in the California oil production business Aera.
In a meeting between Saudi Arabia’s Investment Minister Khalid Al-Falih and Eni’s CEO Claudio Descalzi,
a memorandum of understanding (MoU) was signed between Eni and the ministry with the intention of
fostering collaboration between Eni, Saudi institutions, and businesses, particularly in the area of specialty conversion chemicals and sustainable development across the country.
Oil companies operating in Kurdistan have requested the US to help ease rising tensions between the central government of Iraq and the semi-autonomous province of Iraqi Kurdistan.
