The Abu Dhabi National Oil Company. (ADNOC) has invested up to $318 million to connect newly drilled smart wells to the main production facilities at Bu Hasa, allowing the company's largest onshore asset to maintain a production capacity of 650,000 barrels per day (bbls/d), according to ADNOC’s press release.
Russian Rosneft Company has launched of the Rospan International natural gas project in the Yamal region of the Arctic, NeftgazRU reported.
Saipem has been awarded the extension of two significant onshore drilling contracts in Saudi Arabia for a period of five and ten years, respectively, as well as a new four-year contract in Colombia, according to Saipem’s press release.
Sontarach company announced the signature of a Memorandum of Understanding (MoU) with its Norwegian partner Equinor company to find cooperation opportunities in the fields of exploration and production (E&P) of hydrocarbons in Algeria in addition to environment protection, new technologies and operational performance.
The Iranian Oil Ministry announced that Petropars company will be awarded a contract worth $ 1.78 billion by the Ntaional Iranian Oil Company (NIOC) for developing the giant Farzad-B gas field.
Saudi Arabia intents to supply full volumes of crude oil to at lease four Asian refineries in June.
ADNOC Distribution company announced that it has achieved net profit worth AED 631 million during Q1 of 2021 including Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of AED 740 million.
Equinor company along with SSE company plan to establish a new gas-fired power plant with carbon capture technology at Peterhead in Scotland.
Petrofac company announced that it has been awarded a contract to develop operational procedures for BP Greater Tortue Ahmeyim (GTA) project in Mauritania and Senegal.
CNOOC Limited has started natural gas production from Liuhua 29-2 field in the eastern South China Sea, according to CNOOC’s press release.
