QatarEnergy Acquires Interest in Exploration Block Offshore Namibia
QatarEnergy has acquired a 27% working interest in the Petroleum Exploration License and Petroleum Agreement for Block 2813B (PEL0090), offshore Namibia.
News / International
ADNOC Distribution Launches ARIF, AI-Powered Investor Relations Chatbot
ADNOC Distribution has launched ARIF, an advanced AI-powered chatbot dedicated to investor relations, during Abu Dhabi Finance Week. Named ARIF, which means “knowing” or “informed” in Arabic, the chatbot provides ADNOC Distribution investors with instant, interactive access to accurate financial insights, performance updates, and strategic information in both English and Arabic.
Omani Companies Invest $45 Million in Oil Wellheads Plant in Duqm
Some Omani private sector companies signed on Wednesday an agreement to establish a $45 million oil wellheads plant in Oman. The plant, to be located in the Special Economic Zone at Duqm, will have an annual production capacity of 300 wellheads.
TotalEnergies Completes Acquisition of 50% Stakes in SapuraOMV
TotalEnergies has completed its acquisition of the stakes held by OMV and Sapura Upstream Assets in SapuraOMV Upstream, resulting in TotalEnergies now holding 50% of SapuraOMV, an independent gas producer based in Malaysia.
KUFPEC Eyes More Oil, Gas Projects in Indonesia’s Natuna Sea
Kuwait Foreign Petroleum Exploration Company (KUFPEC) is seeking to increase oil and gas projects in Indonesia's Natuna Sea, according to Reuters.
Equinor, bp, TotalEnergies Finalize Deal in UK’s First CCS Projects
Equinor, in partnership with bp and TotalEnergies, have reached the final investment decision for two of Britain’s carbon capture and storage (CCS) projects in northern England.
SLB Boosts Drilling Efficiency with AI-Driven Geosteering Solution
SLB has launched Neuro™ autonomous geosteering, an AI-driven solution designed to improve the efficiency and productivity of drilling operations while reducing their carbon footprint.
Petrobras, Ecopetrol Confirm Colombia’s Largest Gas Discovery
Petrobras and Ecopetrol have confirmed the largest gas discovery in Colombia's history in the Sirius-2 well, which holds over 6 trillion cubic feet (tcf) of gas.
Equinor Completes Asset Sales in Nigeria, Azerbaijan for $2B
Equinor has completed the sale of its assets in Nigeria and Azerbaijan, realizing a total consideration of up to $2 billion. This marks the end of the Norwegian oil and gas company's operations in these two countries after nearly 30 years.
Woodside Signs Deal with Bechtel to Develop Louisiana LNG Project
Australia's Woodside Energy Group has signed a contract with US Bechtel for engineering, procurement and construction (EPC) of the Louisiana liquefied natural gas (LNG) project, with final investment decision (FID) expected by the first quarter of 2025.
