Oil and Gas

This acquisition follows Aramco’s previous retail acquisitions in Chile and Pakistan to expand its services portfolio.

Petrobras activates the Almirante Tamandaré FPSO in Búzios, taking oil production to new levels with 225,000 barrels/day.

The 10,910-meter Shenditake 1 well in Xinjiang marks a key breakthrough in CNPC's deep oil and gas exploration.

Wood Group extends its EPC contract with Shell UK for $120 million, ensuring support for the company's UK assets.

In addition to capturing the CO2 it emits, it uses the heat from the exhaust gases to generate electricity.

Explorations have identified other resources in the Cronos and Zeus deposits, with great production potential.

SBM Offshore and Petrobras are working on integrating CO2 capture technology in FPSOs to reduce emissions in oil and gas production.

The alliance with BPCL strengthens the commercial relationship between Brazil and India, to expand its international reach in high-demand markets.

NZEC moves ahead with Tariki-5A and strengthens gas storage infrastructure to cope with market volatility.