North Bahariya Petroleum Company (NORPETCO), an Egyptian oil exploration and production company, drilled 13 wells and produced production of 12,700 barrels per day (b/d), while carrying out $91.4 million in operat ...
Aramco and Maaden have signed an agreement to establish a 51%-49% joint venture focused on exploring copper and other energy transition minerals across a 182,000-square-kilometer zone in Saudi Arabia, using AI and ...
Kuwait Oil Company has signed a $16 billion pipeline lease-and-leaseback agreement with a consortium led by Blackstone, Brookfield, and KKR, securing the largest foreign direct investment in Kuwait's history.
bp has agreed to sell the majority of bp Ventures’ minority investment portfolio to European investment firm Verdane, as part of its strategy to simplify its business and sharpen capital allocation. The transactio ...
Egypt and Jordan are advancing energy cooperation by expanding natural gas infrastructure, strengthening mining partnerships, and exploring joint opportunities in phosphate, green hydrogen, and value-added industr ...
The energy major, Eni, in partnership with Libya's National Oil Corporation (NOC) through the Mellitah Oil & Gas joint venture (JV), has started hydrocarbon production from the Sabratha Compression Project, an off ...
TotalEnergies, the integrated multi-energy company, and Abu Dhabi Future Energy Company (Masdar), the UAE-based global renewable energy company, signed a binding agreement to establish a 50/50 joint venture (JV) w ...
Atlantic Sea LNG Trade, a joint venture between Greece’s DEPA Commercial and Aktor Group, is negotiating to secure up to 15 billion cubic meters (bcm) of US liquefied natural gas (LNG) annually. The proposed 20-ye ...
TotalEnergies and Bahrain’s state energy company Bapco Energies have announced the launch of BxT Trading, a new equally owned joint venture designed to strengthen Bahrain’s position in global oil markets. The vent ...
TotalEnergies has signed an agreement with Czech energy group Energetický a průmyslový holding (EPH) to acquire a 50% stake in its flexible power generation platform, as reported in TotalEnergies' press release. T ...
