Petrobras to spend $6 bn through 2024 to decommission assets
The assets include 18 offshore platforms, underwater gas pipelines and offshore wells...
Category : Oil & Gas
BP announces new climate strategy, stock prices crash to a 25 year low
It announced its plans to turn from a oil and gas company to an integrated energy company...
Exxon to begin bid for British North Sea oil and gas fields in October
The bid is expected to fetch $1 billion...
Saudi Arabia’s oil exports decline 62% in the second quarter
Oil exports amounted to $19.9 billion in Q2...
Tullow Oil Kenya seeks to reduce workforce; enjoys tax relief
The company seeks to bring down the wage bill to a sustainable level...
Adnoc awards contracts worth $245 mn to upgrade oil lines
The contracts were awarded to China Petroleum Pipeline Engineering Company – Abu Dhabi and Target Engineering Construction...
Shell to sell Gasnor as part of its divestment plan
The company’s decision to sell its assets comes at a time when it is exploring ways to achieve low-carbon energy...
Kariya Energy seeks to acquire oil and gas assets in Africa nations
The company will target producing oil and gas assets, in addition to developing small-scale LNG...
USTDA to $1.2 mn for Senegal’s first major gas pipeline project
The grant will support the feasibility study to develop Senegal’s first major onshore gas pipeline...
Total, Mozambique sign security pact for $20 bn natural gas project
A joint task force will be formed to provide security for Mozambique LNG project activities in the Afungi site...