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.
News / International
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.
SLB Launches Stream High-Speed Intelligent Telemetry for Drilling Complex Wells
SLB has launched Stream™ high-speed intelligent telemetry that increases drilling confidence and performance for complex wells.
ExxonMobil to Sell Older Permian Assets to Hilcorp in $1B Deal
Exxon Mobil Corp. has reached an agreement to sell its conventional oil drilling assets in the Permian Basin of Texas and New Mexico to Hilcorp Energy for approximately $1 billion, according to Reuters.
Petrobras Begins Operation of its Natural Gas Processing Unit at Boaventura Energy Complex
Petrobras has commenced operations in its Natural Gas Processing Unit (UPGN), located at Boaventura Energy Complex known as the Itaboraí Industrial Complex. The first module is now processing 10.5 million cubic meters of gas per day and is expected to increase to 21 mcm/d of gas with the operation of the second module by the end of the year.
Arabian Drilling Secures 10-Year Contract Extension with Saudi Aramco
Arabian Drilling, a drilling services provider in Saudi Arabia, has secured a 10- year extension contract for one of its land rigs operating for Saudi Aramco. The contract will commence immediately upon the conclusion of the current contract in the fourth quarter of 2024.
McDermott’s CB&I Secures EPC Contract in Australia for Viva Energy
McDermott's subsidiary CB&I has secured a contract valued between $10-$50 million for the engineering, procurement, and construction (EPC) of two 10-million-liter diesel tanks and associated civil, structural, mechanical, and piping works. The project is part of a diesel tank replacement project at Viva Energy's Newport Terminal in Melbourne, Australia.
