The group will increase its overall production by 400,000 barrels per day starting in August 2021
Author Archives: Staff Writer
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Posted inProducts & Services
GHGSat completes $45 million Series B funding
Series B funding closed at US$45M with the support of the Government of Québec through Investissement Québec, OGCI Climate Investments and Space Capital
Posted inExploration & Production
Significant capacity for CCUS needed to achieve net-zero emission targets
In comparison to the total emissions level, CCUS capacity is relatively insignificant and requires a collective effort from global government and industry leaders
Posted inProducts & Services
Hytera improves communications coverage at SASREF
Hytera’s innovation solutions have allowed SASREF to boast communications coverage that is both wide-reaching and reliable
Posted inExploration & Production
Next commodities supercycle will be driven by global energy transition: WoodMac
China’s dominance of renewables value chains will be key
Posted inProducts & Services
SISCO sells 21.2% RSGT stake for $148 million
SISCO sold the stake to the Saudi Public Investment Fund and COSCO Shipping Ports
Posted inExploration & Production
Dana Gas’s KRI and Egypt collections more than doubled in H1 2021
Collections reach $185 million (AED 678mm) in first six months of 2021
Posted inExploration & Production
Middle East to lead global gas processing capacity growth through 2025
The Middle East will account for around 37% of global gas processing capacity growth by 2025
Posted inExploration & Production
ADNOC invests more than $750 million in drilling services
The three contracts are for integrated rigless services across six artificial island in the Upper Zakum and Satah Al Razboot
Posted inExploration & Production
Oil dips on China’s lower crude imports
Oil prices fell today as traders see first signs from China’s import data that crude may be getting too expensive for the buy-side