International

The local subsidiary of Eni has begun drilling the first-ever deep-water well in the history of Oman, as a move to maximize the country’s untapped hydrocarbon potential.

Abu Dhabi National Oil Company (ADNOC) has awarded Petrofac and Supra Energy $1.65bn worth of contracts for the development of the Dalma gas project,  involving the engineering and construction of the project.

The CEO of Ardova Plc previously known as Forte Oil, Olumide Adeosun, has said that the company has planned to make 20 of its stations to operate on 100% renewable energy in order to diversify its commercial portfolio.

Egypt has signed a contract worth US$2.5 billion for the construction of a mazut hydrocracking complex in Assiut, the largest oil refining project in Upper Egypt.

Qatar state energy firm will delay plans to select foreign partners for expansion operations at its North field, contrary to its initial arrangement.

Italian oil company, Eni has made a new oil discovery on the Saasken Exploration Prospect in the mid-deep water of the Cuenca Salina in Sureste Basin, Offshore Mexico which has been estimated to hold between 200-300 million barrels of oil in place.

Four years after halting output at the Wafra field due to disputes, Saudi Arabia and Kuwait will resume production at the field on Sunday.

Oil and gas giant, BP has announced plans to make it a net-zero company by 2050, and outlined its strategy in a document, adding that it plans to help the world get to net-zero emission by engaging in active advocacy for policies supportive of net-zero.

A new gas module has been commissioned by Equinor for the Troll C platform in the UK North Sea to accelerate production from the Fram field.

Aquaterra Energy has been awarded a contract to design and support the installation of a conductor supported platform (CSP) offshore Angola by Chevron subsidiary Cabinda Gulf Oil Co. Ltd. (CABGOC).