Iran stated that it successfully completed the installation of the jacket platform for the development project of the shared Belal gas field, located in the reservoir block on the border between Iran and Qatar.
MOL announced discovering a new oil field near Somogysámson in Western Hungary.
ADNOC Drilling announced that the full-year revenue increased significantly to a record $4.034 billion, rising by 32% year-on-year and its full-year EBITDA reached a record high of $2.01 billion, up 36% year-on-year.
Baker Hughes announced a joint technology development program with Petrobras to provide a definitive solution for stress corrosion cracking due to CO2(SCC-CO2) in flexible pipe systems.
Naftogaz and Polish ORLEN, one of the largest oil industry corporations in Central and Eastern Europe, have signed a contract for the supply of an additional 100 million cubic meters (mmcm) of liquefied natural gas (LNG).
Iran’s Oil Minister Mohsen Paknejad stated that his country is targeting to collect 16 billion cubic meters (bcm) per year of associated petroleum gas (APG) in the Seventh Development Plan (2024-28).
CNOOC Limited announced the start of production from Caofeidian 6-4 Oilfield Comprehensive Adjustment Project and Wenchang 19-1 Oilfield Phase II Project.
Fulkrum, a global leader in inspection, expediting, auditing, and technical staffing services, announced the successful completion of its vendor surveillance work for Shell’s pioneering Penguins project.
The CEO of the Petroleum Engineering and Development Company (PEDEC) Nasrollah Zarei announced that the launch of the first phase of the crude oil processing unit at the South Azadegan joint field will be soon to start production.
TotalEnergies has signed an agreement with the German developer RWE to supply 30,000 tons a year (tpy) of green hydrogen to the German Leuna refinery for 15 years, marked as the largest quantity of green hydrogen ever contracted from an electrolyzer in Germany. TotalEnergies said on Wednesday that green hydrogen will be produced by a 300 MW electrolyzer, built and operated by RWE in Lingen, and its storage will be provided locally. Then, it will be transported through a 600 km pipeline straight to the refinery, ultimately preventing around 300,000 tons per year of CO2 emissions from the site starting in 2030.
