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Saudi Arabia announces the discovery of seven new oil and gas fields
Aramco identified one light oil well and two natural gas fields and two natural gas sources from the same well.
Oil and Gas
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Construction of the world’s largest LNG storage tank farm completed
The Green Energy Port can handle 6 million tons of LNG per year, enough to supply Jiangsu Province for 28 months.
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TotalEnergies abandons gas discoveries in South Africa for exploration in Namibia
Africa Energy Corp, the company's partner, reported that TotalEnergies is reviewing its options related to oil and gas discoveries.
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API lawsuit seeks to repeal new fuel efficiency standards
The proposed fuel economy improvement could save drivers more than $600 over the life of their vehicles.
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Valaris DS 17 Triumphs in Argerich Well Drilling!
The North Argentina Basin and the Namibian coast are mirror basins, formed during the separation of South America and Africa 150 million years ago.
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Oil spill in Ecuador confirmed by Petroecuador
Petroecuador has confirmed that Block 16, where the spill occurred, has seen a decrease in oil production from 15,000 to 10,000 barrels per day since 2023.
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Baker Hughes introduces advanced sensor technologies for hydrogen measurement
The new sensors cover the entire hydrogen value chain, from production to transport and use.
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Aramco and Sempra strengthen partnership with new LNG supply agreement
The Port Arthur LNG terminal is in Phase 1 of construction, which includes two liquefaction trains, two LNG storage tanks and other associated facilities.
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Eni signs agreement to sell upstream assets in Alaska
The sale to Hilcorp will allow Eni to focus on key areas of its business while optimizing its portfolio.
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Côte d’Ivoire projects oil production increase by 2027
President Ouattara announced plans to invest more than $15 billion in the country's oil industry
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Ubeta gas field in Nigeria gets green light by TotalEnergies
More than 90% of the Ubeta project's working hours will be performed locally, significantly boosting the local economy.
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DUPLICAR Boosts Argentina’s Pipeline Construction Momentum
The infrastructure will cross the provinces of Río Negro, La Pampa and Buenos Aires, overcoming traditional routes.