Savannah Energy PLC, the African-focused British independent energy company is in advanced exclusive talks with ExxonMobil to acquire its upstream and midstream asset portfolio in Chad and Cameroon.
Neptune Energy utilizes Digital Twins on five of its operated offshore platforms in the Dutch, Norwegian, and UK North Sea.
Iraq’s total crude oil exports amounted to 89.9 million barrels (mmbbl) with revenues of $5.9 billion in May.
Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) have signed an agreement to construct the utilities facility for TA’ZIZ, the new world-scale chemicals production hub and globally competitive industrial ecosystem currently under development at Ruwais, Abu Dhabi, according to ADNOC’s press release.
Saudi Aramco has announced the liquidation of its subsidiary in Azerbaijan, Aramco Overseas Company Azerbaijan, according to NeftegazRU.
The Organization of Petroleum Exporting Countries and its allies (OPEC+) plans to increase oil production in July 2021, however Saudi Arabia’s energy minister kept the market guessing about whether the group will add additional production later this year to keep pace with the global recovery, according to Bloomberg.
Equinor, ExxonMobil, and Petrogal Brasil have agreed to invest $8 billion in the development of Brazil's Bacalhau oil discovery, according to Reuters.
Gazprom has built 260 km of a feeder pipeline between the Chayandinskoye field in Yakutia and Power of Siberia interconnector to China, according to NeftegazRu.
The production capacity of three natural gas fields will be enhanced with an investment of € 281 million by local private investors, the CEO of the Iranian Central Oil Fields Company, Ramin Hatami, stated, according to NIOC’s press release.
Chairman of the Board of National Oil Corporation (NOC), Mustafa Sanalla, held a meeting with a delegation from the Norwegian Company Equinor A.S.A. headed by Alessandri Cook, Vice President of the company, Paul McCafferty, Head of Exploration and Production, and Lindsay Gunaway, Head of Production to boost cooperation with major international oil companies (IOCs) to develop the oil industry in Libya, according to NOC's press release.
