Petrobras to Sell RLAM Refinery to UEA’s Mubadala for $1.65 B
Petrobras comoany announced that it will sell its Landulpho Alves Refinery (RLAM), to the UAE’s Mubadala capital Company as it presented the best offer in an amount of $1.65 billion,
News / International
Qatar Petroleum to Develop Giant NFE’s LNG Project
Qatar Petroleum (QP) company announced that its has signed an agreement for developing the North Field East (NFE) project, which is the world’s largest liquefied natural gas (LNG).
Oman, Majan Energy Sign EPSA for Developing Habhab Field
The Oman’s Ministry of Energy and Minerals signed an Exploration and Production (E&P) agreement with Majan Energy company for developing Block 71 in Habhab field on a distance of 282 km²ز
Nigeria to Obtain $500 MM Signature Bonuses from Marginal Oil Fields
The Nigerian Head of the Department of Petroleum Resources (DPR), Sarki Auwalu, said that he expected that Nigeria will obtain $500 million from the signature bonus of marginal oil fields.
Oman’s Condensate Production Increases by 45.2% in December
The National Center for Statistics and Information (NCSI) announced that Oman’s condensates production increased by 45.2% reaching 69.10 million barrels (mmbbl) by the end of December 2020.
Panama Canal Records Transit of 58 LNG Vessels in January
The Panama Canal announced that it has recorded transit of 58 vessels of liquified natural gas (LNG) representing a total of 6.74 million Panama Canal tons (PC/UMS) in January after the recent surge of the energy market demand.
Pipe-Laying in Nord Stream 2 Resumes in Denmark
The Nord Stream 2 project’s consortium announced that the works of pipeline laying in the water of Denmark has been resumed.
Petrobras Completes its Exit from the Frade Field
Petrobras company announced that it has completed its 30% stake sale from the Frade field which is located in the Campos Basin, to PetroRio Jaguar Petrolelo Ltda, a subsidiary of PetroRio S.A that holds the remaining 70% share.
Equinor Achieves New Oil Discovery in Troll Concession
Equinor company and its partners DNO Norge, Petroro and Wellesley Petroleum have achieved the first oil discovery in 2021 at Rover North near Troll area.
EG Group Agrees to Acquire Majority Stake of Asda
Euro Garages Group (EG Group) announced that it had reached to an agreement to acquire the majority ownership stake in Asda Group Limited (Asda) including its assets of petrol stations, car washes and ancillary land (Business forecourts) worth £750 million.
