Qatar Petroleum company announced that will be the sole owner of 100% of the Qatargas Liquefied Natural Gas Company Limited (QG1) assets and facilities starting from January 2020 as Qatar petroleum will not renew the joint venture upon the expiry of its associated agreement.

Eni and CDP Equity have formed GreenIT, a new joint venture (JV) with cumulative investments amounting to over € 800 million in five years, for the development, construction, and management of plants, targeting the production of electrical power from renewable sources in Italy.

Energean company announced that Abu Qir Petroleum company, its joint venture (JV) with the Egyptian General Petroleum Corporation (EGPC), has signed an integrated engineering, procurement, construction and installation (EPCI) contract with TecnhipFMC company for developing four subsea wells as well as subsea tie-back to the AbuQir Petroleum plant.

Russian Novatek company announced that its joint venture with Gazprombank, Cryogas-Vysotsk has produced the first one million tons of liquified natural gas (LNG) since the launch of the project in 2019.

Lukoil and Gazprom signed a Master Agreement to develop Vaneyvisskoye and Layavozhskoye fields in the Nenets region, Russia.

The Abu Dhabi National Oil Company (ADNOC) has signed with ExxonMobil to jointly explore technology research and development (R&D) opportunities through the upstream oil and gas value chain.

The Abu Dhabi National Oil Company (ADNOC) announced the official launch of its second trading arm ADNOC Global Trading (AGT), a joint venture (JV) between ADNOC, Eni and OMV, with shares of 65%, 20% and 15% respectively, which focuses on trading refined products globally.

TransGlobe reached an agreement with the Egyptian General Petroleum Corporation (EGPC) to merge the company’s three existing Eastern Desert concessions into a new modernized concession agreement.

Impact Oil & Gas Limited (Impact), an African-focused exploration company, has agreed to farm-out a 50% working interest and operatorship in the Transkei & Algoa exploration block to BG International Limited, a wholly-owned subsidiary of Shell.

EcoDem, an Italian provider of environmental services, has signed a joint venture (JV) agreement with Saudi Drill Company to provide solutions and services in Saudi Arabia.