Australia’s Beach Energy Finds Gas at Artisan 1 Well
Beach Energy has discovered gas at the Artisan 1 well located off the Victorian coast.
News / International
Vietnam’s VinaCapital, GS Energy to Invest $3 b in LNG Plant
VinaCapital company announced that it plans to invest $3 billion in establishing liquefied natural gas (LNG) power complex with its partners GS Energy.
Aramco’s Production Averages at 12.4 mmbbloe/d in 2020
Saudi Arabia’s Aramco achieved an average production of hydrocarbon of 12.4 million barrels per day of oil equivalent (mmbbloe/d) in 2020, of which 9.2 million barrels per day (mmbbl/d) were of crude oil.
Libya’s NOC Completes Drilling of Erwan Field, Starts Testing
The National Oil Corporation of Libya (NOC) announced that it has completed the drilling operations of Erwan field of Zallaf company and it has put the first well of E04 on testing by applying the technology of zero gas flaring.
UK Grants £33 mm to Eni’s HyNet North West Integrated Project
UK Research and Innovation (UKRI) has funded the HyNet North West Integrated project with £33 million through its Industrial Decarbonization Challenge (IDC) fund, which means covering 50% of the investments necessary to finalize the project's planning studies,
Saudi Arabia Intends 1 mmbbl/d Reduction in Domestic Hydrocarbons Consumption
Saudi Arabia intends to slash liquid hydrocarbons’ domestic consumption by 1 million barrels per day (mmbbl/d) to be better used and monetized, Energy Minister Prince Abdulaziz bin Salman stated.
Gazprom, Shell Sign Strategic Cooperation Agreement
Gazprom Company announced that it has signed a strategic cooperation agreement with Shell Company for five years.
Mexico’s Pemex Announces New Discovery in Tabasco
Pemex CEO, Octavio Romero Oropeza, announced that the company has discover a new field in Tabasco which is expected to produce around one billion barrels of oil helping to compensate the production slump.
AWEL Discovers Natural Gas Reserves in Mumbai
Adani Welspun Exploration Limited (AWEL) has made a new natural gas discovery in Mumbai Coast.
Libya’s NOC Achieves Revenues Worth $1.2 B in February
The Libyan Oil Corporation (NOC) announced that it has achieved revenues estimated at $1.2 billion from the sale oil and its derivatives during February.
