Despite Russia's war in Ukraine and the addition of new sanctions, Sokol crude shipments from the Far East have sold out for next month, proving that the pariah nation continues to find buyers.
Shell announced that it will write off up to $5 billion after announcing its decision to exit Russia.
Saipem announced that it has won offshore drilling contracts in the Middle East and in West Africa valued at more than $400 million.
bp along with its affiliates as well as BP Midstream Partners LP ("BPMP") announced that a bp U.S. affiliate has acquired all outstanding common units of "BPMP", that were not already owned directly or indirectly by bp or its affiliates. As a result, making BPMP a wholly owned subsidiary of bp.
Following its announcement last September regarding the green hydrogen project in Mauritania, Chariot stated that it was signed an memorandum of understanding (MoU) with the Port of Rotterdam International.
Petrofac announced that it has won a second operations and maintenance (O&M) contract worth $60 million with Cairn Oil & Gas, Vedanta Limited, being India's biggest private oil and gas exploration company
Neptune Energy has announced a drilling contract has been awarded to KCA Deutag for the Z17 well located in the Adorf carboniferous gas, in northwest Germany.
Equinor announced that it has been awarded the operatorships for the development of the CO2 storages Smeaheia in the North Sea and Polaris in the Barents Sea .
According to state news agency IRNA, Mohsen Khojastehmehr, CEO of the National Iranian Oil Company (NIOC), oil production has reached pre-sanctions levels, despite economic pressures.
IndianOil announced that it has signed binding term sheet with Larsen & Toubro and ReNew companies to form of a Joint Venture (JV) company for developing green hydrogen projects in India.
