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Oil & Gas

WAFRA JOINT FIELD BETWEEN SAUDI ARABIA AND KUWAIT WITNESSES NEW DEVELOPMENT.

The Wafra field, shared by Saudi Arabia and Kuwait, has recently experienced significant developments. Both countries are working diligently to increase the field's production to 300,000 barrels per day by 2027.

  • 2 years
Oil & Gas

SAUDI ARAMCO AWARDS CONTRACTS FOR TWO OFFSHORE PROJECTS WORTH $500 MILLION.

Saudi Aramco has awarded Italy's Saipem contracts worth USD 500 million to develop two offshore projects in the kingdom, according to a statement obtained by a Washington-based energy platform.

  • 2 years
Oil & Gas

BRAZIL: LAUNCH OF THE WORLD'S LARGEST FLOATING PRODUCTION, STORAGE AND OFFLOADING VESSEL.

The world's largest FPSO vessel is vital for Petrobras' deep-water oil plans. These vessels process, store, and transport energy resources.

  • 2 years
Oil & Gas

MALAYSIA: THE DISCOVERY OF A HUGE GAS BEGINS PRODUCTION.

Production work began with the discovery of a significant gas reserve, 9 years after its announcement and 3 years after the final investment decision to develop it, according to information from the Washington-based Specialized Energy Platform.

  • 2 years, 1 month
Oil & Gas

NATURAL HYDROGEN EXPLORATION IN AMERICA EXPANDS WITH NEW STATEMENT.

An Australian company has been granted permission to explore for natural hydrogen in the United States, capitalizing on the recent rush to develop this carbon-free resource, which would contribute to global energy transition goals.

  • 2 years, 1 month
Power Grid

CHINA HOSTS TWO-THIRDS OF THE WORLD'S RENEWABLE ENERGY PLANTS UNDER CONSTRUCTION.

China is rapidly expanding its renewable energy projects to reduce emissions and meet growing electricity demand. A study revealed that nearly two-thirds of the world's solar and wind power plants are in China, with Beijing building infrastructure to support 339 gigawatts of renewable energy capacity.

  • 2 years, 1 month