Algeria has decided to begin supplying Lebanon with fuel for its power plants to address the immediate shortage after Lebanon's electricity company Electricité du Liban (EDL) said the day before its supplies were exhausted.
Sonatrach has signed a contract with the Chinese company China Petroleum engineering Corp. (CPECC) for the realization of new boosting units of Alrar gas field, located in the Illizi Basin.
McDermott has secured an engineering, procurement, construction, installation (EPCI) contract for the Manatee gas field development project, located 100 km off the southeast coast of Trinidad and Tobago.
Aramco has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST) to support research that aims to deliver environmental and commercial benefits.
TotalEnergies has announced the start of production from the Anchor field, located 225 km offshore Louisiana in the US Gulf of Mexico.
ADES Holding Company (ADES) has secured six onshore contracts through its subsidiary with Kuwait Oil Company (KOC). The Award includes new contracts for four of the ADES’ current operating rigs in Kuwait as well as two newbuild units.
Shell has announced its plan to develop Phase 2 of Surat Gas Project (SGP) in Queensland, Australia alongside its partner Petrochina through their 50/50 incorporated joint venture, Arrow Energy.
Petrobras has achieved gas discovery in Uchuva-2 well in Colombia and expected to reveal drilling results by 2024.
Aramco has reported a net income of 109.01 billion riyals ($29.03 billion) in the three months to June 30, beating a company-provided median estimate from 15 analysts of $27.7 billion.
bp has signed a memorandum of understanding (MoU) with Iraq to negotiate a material-integrated redevelopment program for the Kirkuk region, including oil and gas investment, power generation, and solar along with wider exploration activities.
