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Eni Makes New Discovery in Indonesia
Eni has announced a new significant gas discovery from the Geng North-1 exploration well drilled in North Ganal PSC, in Indonesia.
EU Initiates World’s First Carbon Border Tariff
The European Union (EU) initiated the first phase of the Carbon Border Adjustment Mechanism (CBAM), which is the world's first system to impose CO2 emissions tariffs on imported goods such as steel, cement, and other products as EU tries to stop more polluting foreign products from undermining its green transition.
Baker Hughes Awards Two Contracts from Vår Energi
Baker Hughes announced that it has awarded two contracts for supplying technology from Vår Energi which expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea production systems.
Ganope Reduces Carbon Emissions by 37,000 Tons
Ganoub El Wadi Petroleum Holding Company's (Ganope) Chairman Ashraf Bahaa El Din stated the company has succeeded in reducing specific energy consumption by 3.5% and cutting down on carbon emissions by about 37,000 tons.
Worley to Support Qatar’s Transport Industry Decarbonization
Worley has announced that it will provide front-end engineering design (FEED) services for QatarEnergy LNG's groundbreaking CO2 sequestration project in Ras Laffan, Qatar.
El Molla Announces New Petroleum Bid Round in 23 Areas via EUG
Minister of Petroleum and Mineral Resources Tarek El Molla has announced a new international petroleum bid round by the Egyptian General Petroleum Corporation (EGPC) and South Valley Egyptian Petroleum Holding Company (GANOPE) via the Egyptian Upstream Gateway (EUG) platform.
CORC Investments Reach EGP 1.3B in 2022/23
Cairo Oil Refining Company's (CORC) Chairman Wael Rizk reviewed the key performance indicators during the year, noting that the amount of crude oil that was refined amounted to about 8.4 million tons at the company’s refineries in Mostorod and Tanta.
Baker Hughes, Shell Energy Enter Into Agreement to Supply Renewable Energy
Baker Hughes announced that it has signed an eight-year-long power purchase agreement (PPA) with Shell Energy Italia to supply renewable energy for Baker Hughes’ Industrial & Energy Technology (IET) Italian facilities.
