News / International

ENOC Achieves Cumulative Savings of AED 86.9 mm Through Innovation Program

ENOC Company announced that it has achieved cumulative savings estimated at AED 86.9 million after implementing innovative ideas submitted by the employees through the company’s innovation program.

Equinor Further Development in Asgard Field

Equinor Company with its partners decided to further develop the Asgard field and implement the Asgard B- low pressure project with an investment NOK 1.4 billion.

Chevron to Acquire Noble Midstream Partners Shares

Chevron has entered an agreement with Noble Midstream Partners LP to acquire all of the 33.925 million non-owned shares in an all-stock deal.

Kazakhstan, Azerbaijan Sign Agreement on Using Satti Jack-Up Rig

Kazakhstan’s KMG Drilling & Services and Azerbaijan’s Caspian Drilling Company signed an agreement on drilling wells with the Kazakh Satti jack-up rig in the Azerbaijani sector of the Caspian Sea.

Apache, APA Corporations Announce New Holding Company Structure

Apache Corporation announced the completion of new holding company structure to be named APA, making APA the parent holding company of Apache. It replaces Apache as the public company trading on the Nasdaq stock market under the name of APA.

SRTI Park Begins first MEA Energy Innovation Hub

The Sharjah Research Technology and Innovation Park (SRTI Park) started the MEA Energy Innovation Hub via virtual meeting on Sunday, to create opportunities in the energy, low carbon, and oil and gas sectors, supported by the United Arab Emirates (UAE), according to Emirates News Agency (WAM).

ADNOC Seeks Partners for Seawater Treatment, Transportation Project

The Abu Dhabi National Oil Company (ADNOC) announced that it seeks a partner to own an equity stake in a special purpose vehicle (SPV) to participate in the development of a large scale seawater treatment and transmission pipeline project in the Emirate of Abu Dhabi.

Iran’s Azar Joint Field Total Production Records 36 mmbl

The executor of Azar joint field’s development project, announced that the Iranian Azar joint field has recorded total production of 36 million barrels (mmbl).

Neptune Energy Starts Drilling Operations in Dugong Well

Neptune Energy along with its partners announced that it has started drilling operations in the Dugong appraisal well in Norweigan sector of the North Sea.

Moroccan Industry Ministry, Chariot, ONHYM, Sign MoU for Gas Project

Chariot company announced that it has signed a memorandum of understanding (MoU) with its partner the Office National des Hydrocarbures et des Mines (ONHYM) and the Moroccan Ministry of Industry, Trade and Green and Digital Economy to support Chariot and ONHYM’s Anchois Gas Development project which is expected to induce a spurt in the Moroccan gas market.

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