ADNOC awards $510 mn contract to Saipem to expand Shah sour gas capacity
The contract will increase the plant’s capacity by 13% to 1.45 bn cubic feet per day by 2023...
Category : Oil & Gas
Oil prices rise as negotiations between US and Iran are due to resume
The price increased for a third on Tuesday after holding around a one-week high...
Spending on new oil and gas projects needs to end: IEA
IEA says there is a narrow path that exists for the world to avoid catastrophic climate change in the future...
Petrobras to hire new FPSO for the Buzios field, starts bidding process
The P-80 will be the largest oil production unit operating in Brazil...
Brazil’s oil production falls 6% in Q1: Report
Brazil produced an average of about 2.8 mn bpd during the period...
Iraq to finalise sale of Exxon’s stake in the West Qurna-1 oil field by June
Exxon to sell its 32.7% stake in the oilfield...
Crude oil from Saudi to China up by 8.8% in March
The rise is because of the heavy demand and the arrival of the delayed shipments due to port congestion...
Saudi Aramco and EIG led consortium agree $12.4 bn pipeline deal
Aramco will sell 49% stake in Aramco Oil Pipelines Company...
Petrobras acquires BP’s stake in six offshore blocks in Foz do Amazonas Basin
BP transferred its 30% stake in Petrobras...
Petronas discovers new oil and gas in Miri
It is located in the shallow waters of the Balingian province in offshore Miri, Sarawak...