El Jadida News

 

Thailand's PTT in Advanced Talks with Qatar for LNG Deal - Sources

Jul 07, 2023

Thailand's largest energy company, state-controlled PTT, is in advanced talks with Qatar for a 15-year liquefied natural gas (LNG) supply deal, four trading sources told Reuters.The oil and gas conglomerate is negotiating a supply of 1 or 2 million tonnes per annum (mtpa)…

Qatar Strikes Second Big LNG Supply Deal with China

Jun 20, 2023

Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.China National…

Saudi Pledges Big Oil Cuts in July as OPEC+ Extends Deal into 2024

Jun 05, 2023

Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group seeks to boost flagging oil prices.Saudi's energy ministry said the country's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May…

QatarEnergy to Sign Long-term Asian LNG Supply Deal on Thursday - Source

May 30, 2023

QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with an Asian entity on Thursday, a source with direct knowledge of the matter told Reuters.The deal will be one of many to come this year as the major LNG producer secures sales for its North Field expansion project…

US, EU Lawmakers Push to Depose UAE's Jaber from Climate Talks

May 24, 2023

Over 100 members of the U.S. Congress and European Parliament called on Tuesday for Sultan al-Jaber to be removed as the designated head of the upcoming COP28 climate talks, saying the oil exec's appointment threatened the integrity of negotiations…

Aramco Names Presidents for Upstream and Downstream Businesses

May 18, 2023

Saudi Arabian oil giant 2 Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively, in a move designed to support the company's growth plans. The newly created positions and appointments…

Ecopetrol to Boost Exploration, Warns of Production Hit

May 11, 2023

Colombia's majority state-owned energy company Ecopetrol will be more aggressive in exploring for oil under existing contracts, Chief Executive Ricardo Roa said on Wednesday, as the company warned external factors including weather and security issues could hit production…

NKT Wins EUR 600M Order for High-voltage Power Cable System for Biscay Gulf Interconnector

May 05, 2023

Power cable-making and installation firm NKT has won an order for one of the 400 kV high-voltage power cable systems for the Biscay Gulf Interconnector, strengthening the transmission security and electricity supply between France and Spain…

Tunisia: Panoro Takes Full Ownership of Sfax Petroleum Corporation

Apr 24, 2023

Oslo-listed Panoro Energy has acquired Beender Tunisia Petroleum's 40% stake in Sfax Petroleum Corporation AS.SPC through its subsidiaries indirectly owns a 49 percent interest in the producing TPS Assets which comprise five oil field concessions in the region of the city of Sfax…

QatarEnergy Picks Up Stakes from Exxon in Canadian Offshore Blocks

Mar 29, 2023

Qatar's state-owned energy company on Wednesday signed a deal to acquire from ExxonMobil stakes in two Canadian offshore explorations block, the latest in the Gulf state's efforts to expand its global oil and gas portfolio.QatarEnergy, the world's largest producer of liquefied natural gas (LNG)…

Venezuela president names PDVSA head Tellechea as new oil minister

Mar 22, 2023

Venezuelan President Nicolas Maduro on Tuesday named the head of state oil company PDVSA, Pedro Rafael Tellechea, as the new oil minister, a day after his predecessor resigned amid an extensive corruption investigation focused on the company…

Venezuela's Oil Minister Resigns amid Corruption Probe into PDVSA

Mar 21, 2023

Venezuela's oil minister, Tareck El Aissami, said on Monday he would resign amid corruption investigations into state-owned oil company PDVSA, in a bid to support the investigative effort. Venezuelan anti-graft police have arrested a mayor,…

Saudi Aramco Posts Record Profit of $161.1B in 2022

Mar 13, 2023

Saudi Arabian oil giant Aramco on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the previous year on higher energy prices, increased volumes sold, and improved margins for refined products.The profits, which are around triple that of Exxon's $56 billion…

Energean's NEA/NI Offshore Gas Project in Egypt Now Online

Mar 09, 2023

Oil and gas company Energean said Thursday that the first gas had been delivered at North El Amriya and North Idku ('NEA/NI'), in the Mediterranean Sea, offshore Egypt. Energean sanctioned the project in January 2021, representing a development…

Trinidad to Start Talks for Gas Deal with Venezuela in March

Feb 24, 2023

Trinidad and Tobago next month expects to formally begin negotiations with Venezuela on a promising offshore natural gas project, the Caribbean nation's energy minister said on Thursday.A deal would help revive the nation's gas production, which…

Current News

Siemens Gamesa Discusses European Production With Chinese Rare Earth Suppliers

Siemens Gamesa Discusses Europ

Sierra Leone Awaits Results of Offshore Seismic Survey Ahead of Possible Oil and Gas Auction

Sierra Leone Awaits Results of

Bernhard Schulte Offshore Delivers New Commissioning Service Operation Vessel

Bernhard Schulte Offshore Deli

OSC, Ashtead Technology Bolster Joint Environmental Services Offer

OSC, Ashtead Technology Bolste

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine