News / International

ADNOC Expands Its Carbon Capture Portfolio

ADNOC has taken 10.1% equity stake in Storegga to Advance Global Carbon Capture and Storage (CCS) Projects to become a lead investor in Storegga, a UK-based company focused on developing carbon capture and storage (CCS) projects worldwide.

Shell Signs 20-Year Purchase Deal with Canadian Ksi Lisims LNG Project

Global gas giant Shell will purchase two million metric tons of liquefied natural gas (LNG) per year from Ksi Lisims LNG, said partners in a proposed LNG project in Canada.

India, Guyana Sign Five-Year MoU in Hydrocarbon Sector

India has approved the signing of a five-year memorandum of understanding (MoU) with Guyana to cooperate in the hydrocarbon sector.

Oman Expands Oil, Gas Exploration Projects  

The Ministry of Energy and Minerals in Oman has signed a concession agreement with CC Energy Development Company for the exploration of oil and gas in concession areas 38 and 74 in the Dhofar Governorate.

PETRONAS Secures PSC Extension for Ketapang Working Area

Malaysian PETRONAS has announced that its subsidiary, PC Ketapang II Ltd., has secured a 20-year extension for the Production Sharing Contract (PSC) for the Ketapang Working Area located in the Java Sea.

Iraqi Oil Exports Exceed $8B in December

The Ministry of Oil has announced that its earnings for the month of December have exceeded $8 billion, according to preliminary statistics released by the State Organization for Marketing of Oil (SOMO)

Equinor, bp Cancel Contract to Sell Offshore Wind Power to New York

Equinor and bp have announced the cancellation of their contract to sell offshore wind power to New York State from their proposed Empire Wind 2 project.

India’s Petronet to Extend Qatar LNG Imports Beyond 2028

India's Petronet LNG, the country's top gas importer, is set to sign a deal this month to extend its long-term LNG imports from Qatar beyond 2028.

OPEC+ to Hold Meeting in February to Monitor Production Agreements

OPEC+ has announced that it plans to hold the meeting of its Joint Ministerial Monitoring Committee (JMMC) in early February, according to three sources from the alliance.

CNOOC Announces Production of Lufeng Oilfields Phase II Development Project

China's CNOOC has announced the commencement of production for the Lufeng Oilfields Phase II Development Project.

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