News / International

NOC Presents Investment Opportunities for British Companies

The Chairman of the Board of Directors of the National Oil Corporation (NOC), Mustafa Sanallah, announced the interest of British companies to potentially invest billions of dollars in the Libyan oil and gas sector

Total, Uganda Pave the Way for Export Pipeline 

French international oil company (IOC), Total SA, and the Ugandan government have managed to navigate previous issues, giving the green light for a final investment decision (FID) for a crude export pipeline.

DNV GL’s Transition Outlook Predicts Deep Decarbonization 15 Years Away

Norwegian international accredited registrar, DNV GL, has released its Energy Transition Outlook forecasts, asserting that deep decarbonization of the world’s energy system is still 15 years away.

Energean Posts Strong Results for H1 2020

International oil and gas exploration and production company, Energean, has recorded strong results for the period ended 20 June 2020 including production levels of 52,100 barrels of oil equivalent per day (boe/d).

Gazprom Supplies China with 2.3 bcm in 8 Months

Russia’s state-owned gas company, Gazprom, supplied 2.3 billion cubic meters (bcm) of gas to China via the Power of Siberia gas pipeline in the first half of 2020.

BP Extends EP Licences in Trinidad and Tobago

British Petroleum’s subsidiary, (BP) BP Trinidad and Tobago (BPTT), announced on September 9 the successful completion of negotiations with the Government of Trinidad and Tobago with regards to extending its pre-existing exploration and production (EP) licenses.

ADNOC Awards EPC Contracts Worth $245 MM

 ADNOC Onshore, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has awarded two Engineering, Procurement, and Construction (EPC) contracts to upgrade two major oil lines and crude receiving facilities at the Jebel Dhanna Terminal in Abu Dhabi.

Iraq Asks KRG to Cut Production by 120,000 bbl/d

Iraq’s federal government has requested that the Kurdistan Regional Government (KRG) cut its oil production by 120,000 barrels per day (bbl/d).

Sonatrach Signs $520 MM Worth of Contracts

Algerian national oil company, Sonatrach, has signed a multitude of oil and gas contracts with local companies totaling in the region of $24.3 billion.

ExxonMobil Makes 18th Discovery Offshore Guyana

American supermajor, ExxonMobil, has announced the discovery at the Redtail-1 well which will add to the previously estimated recoverable resource of more than 8 billion barrels of oil equivalent (bbboe) on the Stabroek Block.

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