News / International

NOC, ENI Discuss Resuming Suspended Projects

The Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, has met the CEO of ENI, Claudio Descalzi to discuss resuming the important projects which are suspended because of the lack of financial budgets, fulfil obligations with partners, maintain the rates of production in onshore and offshore fields and work on increasing it gradually as well as supporting the energy sector in Libya,

NOVATEk Launches First Carbon-Neutral LNG Fuel Station in Germany

Russian NOVATEK Green Energy announced that it has launched its first carbon- neutral LNG fuel station in Rostock at Germany.

ExxonMobil in Talks to Buy Stakes in Indian Oil fields

Indian Oil Minister, Dharmendra Pradhan, stated that ExxonMobil is on talks to buy a stake in oil and gas fields in India.

Iraqi Oil Exports Reaches 2.7 mmb/d in November

The Iraqi Ministry of Oil announced that total oil exports reached to 2.709 million barrels per days (mmb/d) during November dropped from 2.876 mmb/d in October.

Rosneft to Sell Some of Russia’s Brownfields to Local Companies

Sova Capital and BGS brokerages announced that Rosneft company plans to sell its old depreciated oil fields  to local companies.

Japan Reaches Joint Storage Deal with KPC

Japan announced that it conducted a joint deal for oil storage with Kuwait Petroleum Corporation (KPC).

BHP Awards Shell LNG Supply Contract

BHP company has awarded Shell company its first liquified natural gas (LNG) supply contract for five-year terms to fuel BHP’s carriers which will transport iron ore between Western Australia and China from 2022.

Exxon to Spend $16- $19 billion on Investments in 2021

ExxonMobil announced in its business plan that it expects to spend $16-$19 billion in capital and exploration investments during 2021 in addition to $20 to $25 billion annually through 2025 to continue its investment pace.

Aramco Signs Six MoUs to Boost Flagship Prgram

Aramco company announced that it has signed six memorandum of standings (MoUs) with companies of Shell, AMG Recycling BV, Suzhou XDM, Xinfoo, SUPCON and Posco to boost its flagship localization program.

ADNOC Awards Contracts Worth $519 MM for 3D Seismic Surveying

The Abu Dhabi National Oil Company (ADNOC) has awarded a contract worth up to $519 million to further expand the scope of the world’s largest combined three-dimensional (3D) onshore and offshore seismic survey, taking place in the Emirate of Abu Dhabi.

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