Shell Begins Production at PowerNap in Mexico
Shell revealed that it has started production at PowerNap, a subsea development in the US Gulf of Mexico, which is a tie-back to the Olympus production hub in the Mars Corridor.
oil & gas | Egypt Oil & Gas - Part 2
Eni, Sonatrach Make New Discovery in Zemlet el Arbi Concession
Eni and Sonatrach announced that they have made a landmark oil and associated gas discovery in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert.
Shell Intends to Withdraw from Russian Oil, Gas
Shell announced that it intends to withdraw from its all-hydrocarbons business in Russia including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner aligned with new government ...
INPEX to Start Exploratory Drilling Operations in Japan
INPEX announced that it plans to start exploratory drilling operations to explore the possibility oil and natural gas potential resources in offshore Shimane and Yamaguchi prefectures located in Japan.
Kentech Signs Agreement to Acquire SNC-Lavalin’s Oil, Gas Business
Kentech Company announced that it has signed an agreement to acquire the oil and gas business of SNC- Lavalin’s Resources Division.
Wintershall Dea to Rely on Mobile Working Post-Pandemic
Wintershall Dea, Europe’s leading independent natural gas and oil company, has announced that the company will establish mobile working as standard practice even after the pandemic.
UOG Appoints Iman Hill as Independent Non-Executive Director
United Oil & Gas PLC (UOG) has appointed Iman Hill as an Independent Non-Executive Director, according to a press release.
MENA Oil, Gas Investments to Reach $900b
A new report by the Arab Petroleum Investments Corporation (APICORP) stated that the total committed and planned energy investments in the MENA region may reach $900b over the upcoming five years
Iraq to Review Oil Foreign Contracts
Iraqi Oil Minister, Jabar Ali Al-Luaibi, stated that Baghdad wants to review contracts with oil companies to cut the fees that the firms receive when crude prices are low.
