CNOOC reports a 19.5% rise in net profit for the first three quarters of 2024, to 116.66 billion yuan attributable to equity shareholders.
Enterprise Products Partners has closed the acquisition of Piñon Midstream for a cash consideration of $950m.
UES has partnered with KERUI Group to form a joint venture that will manufacture oil and gas equipment in Oman.
The company plans to commence operations to restore gas production at Zohr in 2025, as Egypt prepares to issue a tender for 20 LNG cargoes.
Baker Hughes has secured contracts with Petrobras to supply flexible pipe systems, set to be deployed across Brazil’s pre-salt fields.
1PointFive has signed an agreement with Enterprise Products Partners to establish a carbon dioxide transportation network.
Eni and BP have resumed exploration activities in Libya, with drilling operations underway in the Ghadames Basin.
Saudi Aramco’s, Wa’ed Ventures, has allocated $100m to invest in AI startups, to become a leading player in the global AI landscape.
A recent study in New Mexico has revealed that potential drilling restrictions could reduce the state’s future crude output by up to 5.4%.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
