Iran’s Annual Sweet Gas Production Increases by 6%
Iran has achieved 6% increase in the annual production of sweet gas despite the lockdowns and obstacles being resulted from coronavirus outbreak.
News / International
RusKhimAlyans, Linde Sign Agreement for Gas Processing Complex
An Agreement of Intent has been recently signed between RusKhimAlyans Company and Linde Engineering Company for stablishing gas processing complex in Ust-Luga, as part of the complex for processing ethane-containing gas (GPC of CPECG).
Libya’s Waha Oil to Restart 2nd Development Phase of El Farag Gas Field
Libya's Waha Oil Company, a subsidiary of the National Oil Corporation (NOC) will restart the second development phase of its main El Farag gas field.
Iraq’s SOMO Awards Contract to Supply Fuel to Chevron, Reliance
The Iraqi State Organization for Marketing of Oil (SOMO) has awarded a contract to supply 750,000 of straight-run fuel oil (SRFO) per month to Chevron Corporation and Reliance Industries in addition to an unidentified Iraqi oil trader from April to September.
Vår Energi Announces New Oil Discovery in Norway’s North Sea
Vår Energi, a joint venture (JV) company between Eni and HitecVision, has made a new significant oil discovery in the northern North Sea by drilling the exploration well 31/2-22 S in the Blasto Main prospect.
Neptune Energy Awards a $21.4 mm Contract to Borr Drilling
Neptune Energy awarded a $21.4 million contract to Borr Drilling to consolidate the development, exploration, and P&A activities in the Dutch and UK sectors of the North Sea.
Gazprom Adds 480 bcm to Gas Reserves
Gazprom Company announced that it has achieved additional gas reserves estimated at 480 billion cubic meters (bcm) from its geological exploration that was implemented in 2020 the Yamal Peninsula, in the east of Russia, and on the continental shelf.
Baker Hughes, Horisont Energi Sign MoU for Carbon Storage Project
Baker Hughes Company announced that it has signed a memorandum of understanding (MoU) with Horisont Energi company for the Polaris carbon storage project off the northern coast of Norway.
Mubadala, Snam Sign MoU to Boost Hydrogen Development in UAE
Mubadala investment Company (Mubadala) announced that it has signed a memorandum of understanding (MoU) with Snam Company, one of the world's leading energy infrastructure operators, to jointly invest and develop hydrogen in UAE.
QP, Sinopec Signs a 10-Year LNG SPA
Qatar Petroleum (QP) signed a 10-year Sale and Purchase Agreement (SPA) for liquified natural gas (LNG) with China Petroleum and Chemical Corporation (Sinopec) for the supply of 2 million tons per year (mmt/y) of LNG to China.
