Eni Unveils HPC6 Supercomputer, Ranking No. 5 in TOP500 List
Eni has announced the launch of its new supercomputing system, HPC6, which has achieved a debut ranking of No. 5 on the latest TOP500 list of supercomputers, released on November 18, 2024.
News / International
Iraq’s Fuel Oil Exports to Hit Record Year Following Surge in October Volumes
Iraq's fuel oil exports are poised to achieve all time highs this year, driven by the country’s ramp up shipments in October. This surge comes as domestic demand eased and production rose, according to Reuters.
Sinopec, Aramco Start Building Petrochemical Complex in China
Sinopec has announced the start of constructing a refinery and a petrochemical complex in cooperation with Aramco in Southeast China’s Fujian province.
Saipem Secures $1.9B Engineering Contract for GranMorgu Subsea Development Project in Suriname
Saipem has been awarded an Engineering, Procurement, Construction, and Installation (EPCI) contract by TotalEnergies’ Subsidiary in Suriname for subsea development of the GranMorgu project, located in Block 58 oil and gas field offshore Suriname.
Baker Hughes Partners with SOCAR to Reduce Flaring, CO2 Emissions at Azerbaijani Refinery
Baker Hughes has signed a contract with SOCAR for an integrated gas recovery and hydrogen sulfide (H2S) removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil Refinery in Baku, Azerbaijan. The project is expected to recover flare gas equivalent up to 7 million Nm3 of methane per year, and further reduce CO2 emissions by up to 11,000 tons per year.
QatarEnergy to Supply 7.5MT of Sulfur to OCP Nutricrops Over 10 Years
QatarEnergy has signed a 10-year agreement with OCP Nutricrops, a subsidiary of OCP Group, to supply up to 7.5 million tons of sulfur starting in 2024.
TotalEnergies, bp, Equinor, Shell Commit $500M to Enhance Global Energy Access
Oil and gas giants TotalEnergies, bp, Equinor, and Shell have pledged $500 million to improve access to affordable energy, with a primary focus on sub-Saharan Africa and south and southeast Asia.
Eni Awarded ‘Gold Standard Reporting’ for Methane Emissions Accountability
Eni has been awarded “Gold Standard Reporting” of the Oil and Gas Methane Partnership 2.0 (OGMP 2.0) for its commitment to reporting emissions at the highest data quality levels.
Exxon-led Consortium Reaches 500 Million Barrels in Guyana’s Stabroek Block, Eyes 1.3 Million Daily by 2027
ExxonMobil said on Wednesday it had reached 500 million barrels (mmbbl) of oil production from Guyana’s Stabroek block since 2019, with aim to increase production capacity to over 1.3 mmbbl of oil per day by 2027 once six approved offshore projects are online.
Occidental Petroleum Exceeds Third-Quarter Profit Estimates
Occidental Petroleum released its third quarter on Tuesday, reporting adjusted profit of $977 million or $1.00 per share surpassing analysts’ expectation of $0.74adjusted per share income.
