Indonesia to Invest $20B in Decarbonization
Indonesia hasĀ launchedĀ its Comprehensive Investment and Policy Plan (CIPP) to mobilize $20 billion in financing pledged by global lenders, including the United States and Japan.
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Oman LNG Signs Nine-Year Deal with bp
Oman's liquefied natural gas (LNG) company Oman LNG hasĀ announced a major deal with bp, selling approximately 1 million tons per year (mtpa) of LNG for nine years starting in 2026.
ADNOC, Santos to Develop Global CCS PlatformĀ
ADNOC and Australian oil and gas firm Santos Limited have announced a strategic collaboration agreement (SCA) that paves the way for the potential development of a joint global carbon management platform. This platform aims to support the decarbonization efforts of customers across the Asia-Pacific region.
Venezuela to Close License for Offshore Gas Field Development
Venezuela is close to approving a license allowing Shell and the National Gas Company of Trinidad and Tobago to develop offshore natural gas field and export its production to the Caribbean country.
Energean Announces Positive Trading Update in 2023
The company's overall production reached 150,000 barrels of oil equivalent per day (boe/d) in the past few days.
APEX Announces Operational Updates for Concessions in Egypt
Apex International Energy has provided an update on operations from the six concessions in the Western Desert oil producing region of Egypt acquired from IEOC Production B.V. (IEOC), a unit of Eni S.p.A., in the first half of 2023.
Aramco Starts Production of Tight Gas in South Ghawar Operational Area
Aramco has announcedĀ the production of the first unconventional tight gas from its South Ghawar operational area two months ahead of schedule, which further supports Aramco's strategy to increase gas production by more than half over the next decade, subject to domestic demand.
ExxonMobil Starts Production at 3rd Offshore Guyana Project
ExxonMobil has announcedĀ the start of production at Payara, Guyana's third offshore oil development on the Stabroek Block.
bp Starts Production from Seagull Oil, Gas Field in UK North Sea
bp has announced the start of production at the Seagull oil and gas field in the UK North Sea, boosting energy supplies along with supporting the supply chain and jobs in the region.
