Iran’s MAPNA Awarded Khangiran Field Gas Storage Project
Iran Gas Engineering and Development Company has awarded the gas storage development project in Khangiran Field (Shurijeh D Reservoir) to MAPNA Group.
News / International
LUKOIL, Gazprom’s JV Secures License for Vaneyvisskoye, Layavozhskoye Fields
Gazprom announced that it has transferred its subsoil use license for the area that includes the Vaneyvisskoye and Layavozhskoye fields to its joint venture (JV) with LUKOIL; Layavozhneftegaz LLC (LVNG LLC).
TAQA, ADNOC Collaborate On Decarbonizing Offshore Operations
Abu Dhabi National Energy Company PJSC (TAQA) and Abu Dhabi National Oil Company (ADNOC) announced they will invest $3.6 Billion in a strategic project to significantly decarbonize ADNOC’s offshore production operations.
PETRONAS Awards Six Blocks for E&P in Malaysia
PETRONAS anounced that it has been awarded six blocks for exploration and production (E&P) operations from 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021.
Azerbaijan’s SOCAR to Achieve Net-Zero Emissions in Extraction Activities by 2022
SOCAR company declared that it aims to achieve net zero carbon emissions by the early of 2022 in its exploration and production (E&P) activities at its own sites.
Venture Global LNG, CNOOC Start a 20-Year SPA
Venture Global LNG announced that it has started the execution of a 20-year Sales and Purchase Agreement (SPA) signed with CNOOC Gas & Power Group which is wholly owned by China Offshore Oil Corporation (CNOOC).
Saudi Arabia Remains China’s Top Oil Supplier Despite Imports Decline in November
China’s crude oil imports from Saudi Arabia has declined by 13% during November 2021 to 7.4 million barrels per day (mmbl/d) compared to 2.06 mmbl/d in November 2020.
TotalEnergies Wins PSC for Two Pre-Salt Oil Fields in Brazil
TotalEnergies along its co-venturers announced that it has won production sharing contracts (PSC) for the Brazilian Atapu and Sépia pre-salt oil fields.
Equinor, Lundin Energy Sign Barents Sea Wisting Field Agreement
Equinor announced that it has signed an agreement with Lundin Energy to continue as the operator of the Barents Sea Wisting field during the operation phase.
India’s Reliance Industries Seeks to Get First Oil Cargo From the UAE
India's Reliance Industries Ltd stated seeks to get the first cargo of oil from its new Abu Dhabi-based trading unit in December.
