CNOOC has commenced production at Enping 21-4 Oilfield Development Project located in eastern South China Sea, with expected peak production of approximately 5,300 barrels of oil equivalent per day in 2025.
TotalEnergies has signed an agreement to sell its entire interest in West of Shetland assets in the UK to The Prax Group. The assets include Laggan, Tormore, Glenlivet, Edradour and Glendronach fields, the onshore Shetland Gas Plant and nearby exploration licenses.
Aramco has awarded contracts worth more than $25 billion to progress its strategic gas expansion in the phase two development of the vast Jafurah unconventional gas field, phase three expansion of Aramco’s Master Gas System in addition to new gas rigs and ongoing capacity maintenance.
Eni has signed a binding agreement with US Hilcorp for the sale of 100% of the Nikaitchuq and Oooguruk assets owned by Eni in Alaska.
US offshore drilling company, Transocean has signed a year contract extension for the Deepwater Asgard drillship extension with an independent operator in the US Gulf of Mexico.
Iran signed on Wednesday a memorandum of understanding (MoU) with Russia for the transfer of Russian gas to Iran, with the aim of strengthening and developing the countries cooperation in this field.
Shell revealed on Wednesday that its Subsidiary, Shell Canada Products has reached the Final Investment Decision (FID) for Polaris, a carbon capture project designed to capture approximately 650,000 tons of CO2 annually from the Shell-owned Scotford refinery and chemicals complex, in Alberta, Canada.
TotalEnergies has signed an agreement to acquire a 60% interest and operatorship in Block STP02, offshore Sao Tome and Principe, from the National Petroleum Agency of Sao Tome and Principe (ANP-STP).
Aramco and North America energy infrastructure company, Sempra have concluded a non-binding Heads of Agreement (HoA) through their respective subsidiaries. This agreement paves the way for a 20-year Sale and Purchase Agreement (SPA) involving the offtake of 5 million tons per annum (mtpa) of liquefied natural gas (LNG) from the Port Arthur LNG Phase 2 expansion project in the US.
Iran has inaugurated 17 major oil, refining, and petrochemical projects across seven provinces, aimed to boost the country’s energy infrastructure.
