Heirs Holdings Company announced it has acquired of in partnership with Transactional Corporation of Nigeria a stake of 45% in Nigerian Oil License OML 17 and related assets from companies of Shell, Total and Eni through TNOG Oil and Gas limited.

Bolivia has made a new natural gas discovery of 1 trillion cubic feet (tcf) in the Caipipendi field of the southern department of Chuquisaca and the country plans for its exploitation in 2021.

Shell reduced the value of its oil and gas assets by $3.5 billion to $4.5 billion to adjust to a more vulnerable outlook in Q4 2020.

Shell agreed to sell 26.25% interest in the Queensland Curtis LNG (QCLNG) common facilities to Global Infrastructure Partners (GIP) Australia for $2.5 billion.

Norway announced its approval of the final investment decision for the Northern Lights project which will enable shipping, reception and sequestration of CO2 in geological strata in the Northern North Sea, approximately 2,600 meters below the seabed.

Shell and Schlumberger have participated in the fourth edition of Al-Ahram Energy Conference (AEC) to discuss their investments in Egypt.

Indian Oil Minister, Dharmendra Pradhan, stated that ExxonMobil is on talks to buy a stake in oil and gas fields in India.

BHP company has awarded Shell company its first liquified natural gas (LNG) supply contract for five-year terms to fuel BHP’s carriers which will transport iron ore between Western Australia and China from 2022.

Aramco company announced that it has signed six memorandum of standings (MoUs) with companies of Shell, AMG Recycling BV, Suzhou XDM, Xinfoo, SUPCON and Posco to boost its flagship localization program.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, shared the petroleum sector’s achievements  and challenges in the past period stating that “the oil and gas sector has been moving forward with all its activities and plans steadily despite the volatile circumstances which have proven the efficiency and sustainability of the sector’s strategic plans and bold reforms.” This came during a British Egyptian Business Association’s (BEBA) Egypt’s Green Economy webinar under the title “Future of Oil and Gas: Challenges and Opportunities,” which was held on November 9.