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Oil & Gas DECODED

Latest edition: 20 May 2024
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Spotlight

3R Petroleum agrees to merge with Enauta in $1.2bn deal

It is anticipated that the merged company will have a production capacity of more than 100,000 barrels per day (bpd) of oil and natural gas.

Latest news

How satellite-enabled IoT can help operators get clarity on supply chains

Satellite-enabled industrial monitoring powered by the Internet of Things (IoT) and AI can help energy operators build supply chain resilience, writes Damian Lewis, market development manager at Viasat Enterprise.

Russia to suspend temporary gasoline export ban

Initially, the ban was set to last for six months, starting from 1 March, with certain exemptions for a Moscow-led economic union.

Saipem secures $850m contract for offshore work in Angola

The contract is for the development of the Ndungu field, which is part of the Agogo Integrated West Hub project.

TotalEnergies signs supply deal with Nigeria's Dangote Refinery

The refinery, which began production in January, was built with an investment of $20bn (N30.5trn) and is anticipated to process 650,000 barrels per day (bpd).

Seadrill signs $338m deal to divest jack-up rigs in Qatar

Seadrill has signed a definitive agreement to sell its Qatar jack-up fleet, which consists of three rigs, to Gulf Drilling International (GDI) for $338m.

Liberty Justice Center and Pelican Institute challenge Biden's LNG export ban

The latest legal action comes after 16 Republican states filed a lawsuit against the ban in March.

India to lead pipeline transmission projects count in Asia through 2028

India is poised to take the lead in the number of liquid storage projects in Asia that are expected to start operations during 2024-2028, contributing about 42% of the region's total project count by 2028, says GlobalData , a leading data, and analytics company.

Find Out More

Truett-Hurst, announced that beginning Fall 2014 and Spring 2015, Total Wine & More, "America's Wine Superstore" will be adding several new Truett-Hurst SKU's to their wine listings.

Plastics Market Analysis

Obtain the most up-to-date market information on the global plastics market and key upcoming projects to facilitate decision-making and identify opportunities.