News / International

Russia, Japan Sign Cooperation Agreement for Hydrogen, Carbon Capture Projects

NOVATEK company announced that the it has signed a memorandum of cooperation with the Ministry of Economy, Trade and Industry of Japan, Hiroshi Kajiyama, on ammonia, hydrogen and carbon capture utilization and storage.

LUKOIL’s Production from West Siberian Fields Reaches 2 billion tons

LUKOIL company stated that its production from West Siberian fields has reached 2 billion tons of oil since the beginning of the commercial development.

Iran’s POGC to Drill New Well at South Pars

Pars Oil and Gas Company  (POGC) announced that it intends to drill new well at South Pars offshore gas filed with the aim of preserve the field’s production.

ADNOC Assigns Offshore Exploration Block to Consortium led by Pakistani PPL

The Abu Dhabi National Oil Company (ADNOC) announced that it has signed a historic exploration concession agreement awarding a consortium of four Pakistani companies the exploration rights for Abu Dhabi’s Offshore Block 5 as a part of Abu Dhabi’s block second bid round.

PETRONAS Signs Two PSCs with Rex, Duta Marine

PETRONAS company announced that it has signed two new small field asset (SFA) production sharing contracts (PSCs) with Rex International Holding Limited (Rex) and Duta Marine Sdn Bhd (Duta Marine) for the Rhu-Ara and Diwangsa clusters offshore Peninsular Malaysia.

Equinor Starts Production from Troll Pahse3 Project

Equinor company announced that it has started production from the Troll phase 3 project in the North Sea with investments of about NOK 8 billion.

Shell To Develop Malaysian Offshore Project, Power Wellhead by Renewable Energy

Sarawak Shell Berhad (SSB), a subsidiary of Royal Dutch Shell plc, announced that it has decided to develop Timi gas development project in Malaysia, which is powered by a solar and wind hybrid renewable power system.

China’s Sinopec to Spend $4.6 b on Hydrogen Energy by 2025

China’s Sinopec company announced that it intends to spend $4.6 billion on hydrogen energy by 2025.

Indian Oil Expands JV with Petronas to Establish LNG terminals

Indian Oil Corporation (IOC) announced that it is expanding its joint venture (JV) with Petronas company to include establishing liquefied natural gas (LNG) terminals, fuel retailing and gas distribution (LNG).

Transocean Wins a $252 M Firm Contract for Newbuild

Transocean company announced that it has awarded a firm contract worth %252 million from BOE Exploration & Production LLC (BOE) for Transocean’s newbuild ultra-deepwater drillship, the Deepwater Altas, including a mobilization fee of $30 million.

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