Angola, Africa's second-largest crude oil exporter, is currently producing about 1.1 million barrels per day (bbl/d) of crude, a level similar to before it exited the Organization of the Petroleum Exporting Countries (OPEC).
Equinor has stated that it is committed to maintaining steady output levels through 2035 by investing approximately $6 billion per year in oil and gas exploration and drilling in Norway, according to Reuters.
The National Iranian Oil Company (NIOC) has signed contracts worth $13 billion with domestic companies, to develop upstream projects at six oil fields including Azadegan, Azar 2, Soumar, Saman, Delavaran and Masjed-Soleiman.
Petrobras, the Brazilian state-owned oil company, has signed a memorandum of understanding (MoU) with Mitsui & Co. S.A. for a non-binding assessment of low-carbon business opportunities in Brazil.
Venture Global LNG has announced its plans to acquire a fleet of nine liquefied natural gas (LNG) transport vessels, expanding its ability to sell and ship its own cargoes, according to Reuters.
Chevron and JX Nippon Oil & Gas Exploration Corporation have signed a Memorandum of Understanding (MOU) to cooperate on a framework to evaluate the export of Carbon Dioxide (CO2) from Japan to Carbon Capture and Storage (CCS) projects located in Australia and other countries in the Asia Pacific region.
ADNOC has signed a second long-term Heads of Agreement (LNG agreement) for their Ruwais LNG project.
CNOOC has announced a major oilfield discovery in the north-central waters of the Bohai Sea, producing medium-heavy crude oil.
Chinese CNOOC is set to begin talks with Angola for oil exploration opportunities, according to a statement from the Angolan oil and gas ministry.
