Areas of potential partnerships include Hydrogen, CCUS, R&D, Technology including EOR, bunkering, and exploration and hydrocarbon development
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Shell inks deal to sell onshore upstream interests in Egypt
The deal has a base consideration of $646 million
Outlook on the Hydraulic Fracturing Global Market to 2026
Shifting trends towards developing unconventional reserves will drive growth
Qatar Petroleum awards EPC contract to Samsung C&T for LNG storage and loading facilities on North Field Expansion project
The $2bn contract, including options, was awarded on a lump sum basis and is the second major onshore EPC contract for the NFE project, which will increase Qatar’s LNG production to 110 MTPA once complete
Qatar Petroleum inks deal to supply 3 MTPA of LNG to Pakistan
Under the 10-year deal, LNG deliveries to Pakistan’s receiving terminals will begin in 2022 and continue until 2031
Upwing Energy achieves carbon neutral certification
Innovative artificial lift technology will help oil and gas companies meet environmental and production goals
ADNOC’s Thamama Centre generated $1.1 billion in value
Thamama is a key part of ADNOC’s strategic investments in advanced technology and digitalization to drive greater efficiencies and quickly respond to market dynamics
Egyptian ministry of petroleum and Schlumberger launch Egypt Upstream Gateway
National digitalization project to promote Egypt’s exploration and production potential worldwide
ADNOC awards Offshore Block 4 concession to Cosmo in second bidding round
Cosmo was awarded the exploration concession for Offshore Block 4 and will invest up to $145 million (AED532 million) during the exploration phase
Dana Gas posts $376 million net loss for 2020
The company aims to expand its KRI projects and will drill its next exploration well in Egypt’s Block 6, while finalising the sale of its onshore assets in the nation