INEOS Energy is entering US oil and gas production for the first time with the acquisition of a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for $1.4 billion. The deal marks INEOS Energy’s entry as operator into the US onshore oil and gas market, as it acquires […]

Owing to Europe rising gas demand which is attributed to raging war between Russian and Ukraine, ADNOC and RWE Aktiengesellschaft (RWE) have jointly delivered the first-ever shipment of Liquefied Natural Gas (LNG) from the Middle East to the Elbehafen floating LNG terminal in Brunsbüttel, Germany.The shipment of 137,000 cubic meters of LNG is the commissioning […]

Kuwait Oil Co (KOC), a subsidiary of state-owned Kuwait Petroleum Corp, said it plans to bring in skilled technical workers from several countries including Canada, US, Egypt, Southeast Asia and the Gulf states. The company will hire technicians who are experts in drilling operations, maintenance, exploration and production, and medical and health, safety, environment and engineering, in addition […]

Operated by Shell Offshore Inc., a subsidiary of Shell plc, the deep-water Vito platform will produce an estimated 100,000 barrels of oil equivalent per day at peak. Equinor has a 36.89% interest in the field.  “Vito is a first-class asset in a key producing region for Equinor,” says Chris Golden, US country manager. “The US […]

TGS, a global provider of energy data and intelligence, has announced it has licensed its Carbon AXIOM platform and associated well data products to a major energy company for carbon capture utilization and storage. Carbon AXIOM now includes a detailed analysis of saline aquifer potential offshore Galveston, Texas. This new analysis integrates the interpretation of over 550 […]

Shell Petroleum NV, a wholly owned subsidiary of Shell plc (Shell), has completed the acquisition of 100% of the shares of Nature Energy Biogas A/S (Nature Energy). By purchasing the shares in Nature Energy, Shell has acquired the largest producer of renewable natural gas (RNG) in Europe, its portfolio of operating plants, associated feedstock supply […]

MDXi Appolonia, the data center subsidiary of MainOne, an Equinix company in Ghana, has just received its Tier III Constructed Facility certification (TCCF) from the Uptime Institute. With this new milestone, MDXi Appolonia becomes the leading data center provider in Ghana with the top 4 certifications in the industry; the Tier III Constructed Facility certification, […]

Perenco earnestly waiting for the arrival of Batanga Liquefied Petroleum Gas equipment manufactured in Europe. The expectation of these equipment will finalize the construction works of the Batanga factory, in the province of Ogooué-Maritime in Gabon. The oil company Received an audience on February 9 from the Minister of Petroleum, Adrien Broche, the general manager of […]

Shelf Drilling, Ltd has announced that it has secured a one-year contract extension for the Rig 141 jack-up rig in direct continuation of its current term with Gemsa Petroleum Company for operations in the Gulf of Suez offshore Egypt. Following this extension, the expected availability of the rig is February 2024. Before the Gemsa Petroleum […]

Saudi Arabia’s Energy Minister Prince Abdulaziz Bin Salman has at the seventh edition Aramco’s iktva exhibition 2023 called on for the both International Oil Companies and National Oil Companies to move their headquarters to Dhahran where the Saudi Arabia  national oil company the Saudi Aramco is situated. According to the Prince Abdulaziz, this will serve […]