INEOS Invests Over £1 B to Cut Down on Greenhouse Gas Emissions
INEOS announced that it will invest over £1 billion in reducing greenhouse gas emissions at its site in Grangemouth, as part of its strategy to reach net zero emissions by 2045.
investments | Egypt Oil & Gas - Part 20
Alegria Plans to Boost Oil& Gas Investments by $2.6 billion in 2022
The Algerian Prime Minister Ayman Benabderrahmane stated that his country intends to increase its oil and gas sector’s investments by $2.6 billion up from $7.4 billion to $10 billion during 2022.
84% of South Pars Wells Connected to Production line
The CEO of Pars Oil and Gas Company, Mohammad Meshkinfam, announced that 336 wells out of total 400 wells, representing 84%, at South Pars filed are connected to the production line.
Petrobel Production Reaches 93 mboe/d in 2020/21
The company's output was divided into 944 million cubic feet (mcf) of natural gas, 68,000 barrels of crude oil, and 11,000 barrels of condensates.
Petroshrouk Investments Reach $184 million in 2020/21
Petroshrouk succeeded in meeting the required production rates of 2020/21, producing an average of around 2.6 billion cubic feet per day (bcf/d).
China’s Sinopec to Spend $4.6 b on Hydrogen Energy by 2025
China’s Sinopec company announced that it intends to spend $4.6 billion on hydrogen energy by 2025.
Iran Completes Construction of Jask Terminal’s Offshore Oil Pipeline
An official of Pars Oil and Gas Company (POGC), Vahid Maleki, announced the completion of the construction of the Jask crude oil export terminal’s offshore oil pipeline.
Egypt Develops National Petrochemical Plan through 2040
The Egyptian petrochemicals industry will witness a leap in light of the new projects that are currently being executed with investments estimated at $8 billion.
ADNOC Awards Three Contracts Worth $763.7 mm
The Abu Dhabi National Oil Company (ADNOC) has invested $763.7 million in integrated rigless services across six of its artificial islands to support its production capacity expansion to 5 million barrels per day ...
Sisi Discusses Cooperation Opportunities with Apache CEO
CEO of Apache Corporation, John J. Christmann, met with Egyptian President, Abdel Fattah El Sisi, and discussed the business relations between Apache and Egypt as well as the company's work with the Egyptian Minis ...
