Cairo Oil Refining Company's (CORC) Chairman's Assistant Youssef Tohamy reviewed the most important performance indicators during fiscal year (FY) 2021/22, stating that the amount of crude oil that was refined reached around 8.9 million tons of crude oil in the company’s refineries in Mostorod and Tanta.
According to three sources with knowledge of the situation, German utilities RWE and Uniper are close to finalizing long-term agreements to purchase LNG from Qatar's North Field Expansion project to help replace Russian gas, Reuters reported.
TotalEnergies has approved the final investment decision for the Fenix gas development, located 60 km off the coast of Tierra del Fuego in southern Argentina.
Assiut Oil Refining Company (ASORC) successfully refined about 3.4 million tons of crude to supply petroleum products to the local market at a value of EGP 47 billion, during fiscal year (FY) 2021/22, ASORC's Chairman Maged El Kurdi stated.
Serica Energy has extended Petrofac's three-year contract for maintenance services. According to the terms of the deal, Petrofac will keep providing maintenance execution, maintenance consulting, and metering services to Serica Energy's Northern North Sea asset, the Bruce platform complex, which manages production from its Bruce, Keith, and Rhum fields.
In order to offset the mounting pressure of increasing energy prices, Indonesian President Joko Widodo is thinking about purchasing Russian oil alongside India and China.
In order to accelerate the existing development project and time-to-market of new exploratory technologies, Abu Dhabi National Oil Company (ADNOC) Managing Director and Group CEO Sultan Ahmed El Jaber and Eni CEO Claudio Descalzi met in Abu Dhabi to discuss the company's activities in the Emirate of Abu Dhabi, future projects, and areas of common interest and collaboration.
Thanks to an fast track project, a strong collaboration with Sonatrach and the active support from local authorities, the start-up has a record time-to-market.
The Seagreen offshore wind farm, located 27 kilometers off the coast of Angus in Scotland, has begun producing power, according to TotalEnergies and its partner SSE Renewables.
Eni announced that it has made a significant gas discovery in the Cronos-1 well, which was drilled in Block 6 in 2,287 meters of water depth, 160 kilometers off the coast of Cyprus. Eni Cyprus, the operator of The Block, has a 50% stake, and TotalEnergies is a partner.
