The Ministry of Petroleum and Mineral Resources announced a new agreement with Apache, under which the company will spend at least $3.5 billion on research, exploration, development, and production activities in the c...
Equinor announced that it has signed an agreement with Lundin Energy to continue as the operator of the Barents Sea Wisting field during the operation phase. According to the agreement, Equinor will maintain its Wisti...
Sonatrach’s CEO Toufik Hakkar and Eni’s CEO Claudio Descalzi have signed a new oil contract related to the onshore Berkine basin area, Eni announced in a press release. According to the press release, the contract cov...
ExxonMobil and Scepter, Inc. have signed an agreement to make use of advanced satellite technology and proprietary data processing platforms to detect methane emissions worldwide. The agreement could be a giant leap f...
Equinor stated that it has reached an agreement with Vermilion Energy to sell its non-operated equity position in the Corrib gas project in Ireland. Equinor owns 36.5% of the Corrib project and Vermilion owns 20%, whi...
Iran, Turkmenistan, and Azerbaijan have signed a three-way agreement for gas swaps between the three countries, Shana news agency announced. According to the agreement, 1.5 to 2 billion cubic meters (bcm) of natural g...
With the consent of Minister of Petroleum and Mineral Resources Tarek El Molla, Energean Egypt Limited and Egyptian General Petroleum Corporation (EGPC) signed the second amendment of the concession agreement for petr...
Eni announced that it has signed an agreement to sell Snam a 49.9% stake in the companies that operate the two natural gas pipelines connecting Algeria to Italy, TTPC and TMPC According to the agreement, Eni will cont...
Bechtel announced its selection to provide Commissioning Training Services to Petrojet to develop its Commissioning Department. This is an ideal agreement with a local partner to provide capacity building of Petrojet’...
Aramco and TotalEnergies have launched the first two service stations of their joint retail network in Riyadh and Saihat, a press release issued by Aramco announced. This development was within the framework of a join...