News / International

TotalEnergies Awards Contract Extension to Maersk Drilling for Record-Breaking Project

The Ondjaba-1 well will be drilled at a water depth of 3,628 m, establishing a new world water-depth drilling record.

TATNEFT Resumes Geological Exploration in Libya

With the support of the National Oil Corporation of Libya (NOC ), TATNEFT resumed geological exploration in the country, according to a press release issued by the Company.

Russia’s Novatek to Open Arctic Plant by 2027

Russian natural gas producer Novatek announced that it has planned to open a plant in the Arctic in 2027 that would produce more than 2.2 million tonnes of ammonia and 130,000 tonnes of hydrogen annually, Reuters reported.

Schlumberger, Subsea 7 Awarded EPCI Contract on Turkey’s Largest Gas Reserve

The consortium led by Schlumberger and Subsea 7 has been awarded engineering, procurement, construction and installation (EPCI) contract for end-to-end production solutions for the Sakarya gas field, according to a press release.

Occidental Sells Ghana Assets for $750 M

The deal includes the company’s interests in both the Jubilee and TEN fields, which together had a net production of 22,000 barrels of oil equivalent per day (boe/d) for the second quarter of 2021.

Suriname’s Staatsolie Signs 30-Year Production Sharing Contract with Chevron

The Production Sharing Contract (PSC) gives Chevron the right to conduct exploration on Block 5.

Halliburton Launches iStar™ Intelligent Drilling and Logging Platform

Halliburton Company introduced the iStar™ Intelligent Drilling and Logging Platform, a comprehensive measurement platform compromising multiple services for greater control of drilling and logging operations.

Aramco Awards Services contract at Ras Tanura Refinery to Worley

Worley, a leading engineering group, has been awarded a services contract for upgrading the wastes of Aramco’s Ras Tanura Refinery.

Chevron Sets New Target for Reducing Greenhouse Gas Emissions

Chevron has issued an updated climate change report in which it sets net zero- carbon ambition and new greenhouse gas (GHG) emission reduction target.

Iran to Barter Oil for Funding Petroleum Projects

Iran is planning to exchange crude oil with other raw materials, equipment and investments in order to use the revenue in completing the semi-finished petroleum projects.

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