Egypt announced the start of a bid round for oil and gas exploration in 24 blocks, according to Reuters.

The Indian Prime Minister, Shri Narendra Modi, has laid the foundation stone for oil and gas projects in Tamil Nadu worth ₹32,700 crore.

The Iraqi Ministry of Oil has signed a memorandum of understanding (MoU) with Total company for cooperating in establishing promising large projects.

Methanex Egypt announced today the launch of the Egyptian Process Safety Management (PSM) Steering Committee’s website – www.PSMEgypt.com. The website is the result of the collaboration between the Ministry of Petroleum and Mineral Resources and Methanex Egypt following the signing of a Memorandum of Understanding (MoU) in February 2020, enabling the creation of the Egyptian PSM Committee mandated to embed the culture of Process Safety Management (PSM) within the Egyptian oil, gas and petrochemicals sector, in alignment with the ministry’s Modernization Program and international best practices, guidelines and standards.

Italy’s Edison sold its exploration and production (E&P) assets in Norway to Sval Energi, Norwegian oil and gas group, for $300 million to focus on clean energy.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, emphasized the local manufacturing of petroleum equipment to reduce imports and rationalize foreign exchange while visiting Petrojet’s central workshops for manufacturing static equipment. This showed how all national petroleum companies (NOCs) especially Petrojet gained distinguished experiences and achieved outstanding results in the local manufacturing field.

Equinor has agreed to buy a 49% interest in Russian onshore petroleum assets from Rosneft for $550 million (mm).

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.

Rusneftekhim, Russian Oil Company JSC, raises its concession fund in the YANAA, Yamalo- Nenets Autonomous Area, western Siberia.

Canadian Oil Producer Whitecap Resources Inc has agreed to buy TORC Oil and Gas Ltd in an all-stock deal valued at $430.81 million (mm).