QatarEnergy Signs New LNG Supply Deal with KPC for 15 Years
QatarEnergy has signed a 15-year LNG Sale and Purchase Agreement (SPA) with Kuwait Petroleum Corporation (KPC) for the supply of up to 3 million tons per annum (mtpa) of LNG to Kuwait.
News / International
Sinopec Records 2.6% Rise in Net Profit in H1 of 2024
China's Sinopec reported a 2.6% rise in net profit for the first half of 2024 (H1 2024), driven by rise in oil and gas production that compensated for the falling domestic demand for refined fuel and petrochemic
Chevron Secures GHG Assessment Permit Offshore Australia, Expanding Its CCS Portfolio
Chevron through its subsidiary, Chevron Australia New Ventures Pty Ltd, has been awarded a greenhouse gas (GHG) assessment permit offshore Western Australia.
Eni Expands Oil, Gas Development Projects in Indonesia
Eni has received the approval of the Indonesian authorities for the Plan of Development (POD) of the Geng North (North Ganal PSC) and Gehem (Rapak PSC) fields, aimed to create a new production hub, called Northern Hub, in the Kutei Basin.
ADNOC, Petronas, Storegga Partner for Carbon Capture and Storage projects in Malaysia
ADNOC, Petronas and Storegga have signed of a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide (CO2) emissions storage capabilities of saline aquifers in addition to the construction of carbon capture and storage (CCS) facilities in the Penyu basin, offshore Peninsular, Malaysia.
Petronas Starts Gas Production at Kasawari Field with Initial Rate of 200 mmscf/d
Petronas has commenced its first gas production at the Kasawari field, located in Block SK316, approximately 200 km off the coast of Sarawak, at an initial flow rate of 200 million standard cubic feet per day (mmscf/d).
Algeria to Supply Lebanon with Fuel, Addressing Power Outage
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 Signs EPC Deal with Chinese CPECC for New Boosting Units at Alrar Gas Field
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 Secures EPCI Contract for Manatee Gas Project Offshore Trinidad, Tobago
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 Cooperate with KAUST University For Energy Transition, Sustainability Goals
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.
