PETRONAS LNG Ltd (PLL) signed first liquefied natural gas (LNG) deal with the Canada Alberta Energy Company (AECO) index as a new LNG price indexation to its customers following the sale of a spot LNG cargo to a buyer in Far East for August 2021 delivery, according to PETRONAS’ press release.
WALTLOW company announced offering its new HELIMAX ultra-efficient electric heat exchanger along with Continuous Helical Flow Technology which helps in reducing the coking and fouling typically associated with standard heat exchangers.
Total, operator of Block 17 in Angola, with the Angolan National Oil, Gas and Biofuels Agency, started production from Zinia Phase 2 short-cycle project, connected to existing Pazflor’s Floating Production, Storage and Offloading unit (FPSO). Nine wells will be drilled as part of the project, which is anticipated to produce 40,000 barrels of oil per day (bbls/d) by the mid of 2022, according to Total’s press release.
SDX Energy Plc has begun the first phase of three wells of its 2021 drilling campaign in Morocco, targeting five wells over the year, according to SDX’s press release.
The Abu Dhabi National Oil Company (ADNOC) has implemented an initiative to drive efficiencies in its tendering process to improve its approach to procurement and maximize value for ADNOC and its community of suppliers and service providers, according to ADNOC’s press release.
Neptune Energy has acquired a 38.75% stake from Spirit Energy in the Pegasus West discovery and surrounding acreage in the UK Southern North Sea, according to Neptune’s press release.
ExxonMobil made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana, according to ExxonMobil’s press release.
Eni and Santos have signed a non-binding memorandum of understanding (MoU) to cooperate on opportunities in northern Australia and Timor-Leste, according to Eni's press release.
Hitting a total of $21.7 billion in Q1 2021, Saudi Aramco recorded a 30% net income increase year-on-year (YoY) compared to Q1 2020 when the company witnessed net income of $16.7 billion.
Crown Prince Mohammed bin Salman stated that Saudi Arabia is in discussions to sell 1% of Aramco to a leading global energy company, according to Reuters.
