The President of LUKOIL, Vagit Alekperov and Chairman of the Management Committee of Gazprom, Alexey Miller, have discussed the progress in establishing a joint venture to implement the project of developing Vaneyvisskoye and Layavozhskoye fields.

Saudi Aramco and Baker Hughes have formed a Novel 50/50 joint venture (JV) to develop a broad range of non-metallic products for multiple applications in the energy sector.

Cairo Gas Company announced its contribution to the implementation process of the needed infrastructure to extend irrigation water pipelines for the Green River area in the New Administrative Capital.

Royal Dutch Shell has acquired full control of a joint venture (JV) in China pertaining to gas stations in an effort to double down on the Chinese fuel retailing market.

The Arab Shipbuilding and Repair Yard (ASRY) has signed a joint venture (JV) agreement with Woodlands Holdings to provide services (WoodServ) related to the oil and gas industry in Bahrain.

Schlumberger, one of the world’s largest oilfield services companies, has announced its collaboration with IBM and Red Hat to accelerate digital transformation across the oil and gas industry.

One of the largest independent producers of crude oil and condensate in North America, Ovintiv Canada ULC, has finalized an agreement with PetroChina Canada (PCC) to terminate the parties' joint venture (JV) and transfer the ownership and operation of certain Duvernay shale assets in west-central Alberta.

French energy company, Total, and India’s largest refiner and marketer of petroleum products, Indian Oil Corporation, has announced the formation of a 50:50 Joint Venture (JV) company that will manufacture and market high-quality bitumen derivatives, aimed at targetting India’s growing road demand.

Zenith Energy has entered into a joint venture with a local Congolese oil company for the potential acquisition of an onshore oil production license in Talipai.

SABIC and ExxonMobil will jointly construct a petrochemical facility, including a 1.8 million metric ton ethane steam cracker in Texas.