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NORWAY: THE FIRST WALL OF A FLOATING OFFSHORE WIND TURBINE TO APPEAR FOR THE FIRST TIME IN THE WORLD.
Norway's first pilot site for floating offshore wind turbines has received significant funding for its development, marking a major milestone for the country's renewable energy efforts.
- 1 year, 6 months
MALAYSIA'S PETRONAS AIMS TO BOOST OIL AND GAS OUTPUT OVER NEXT 3 YEARS.
Petronas plans to increase Malaysia’s oil and gas production to 2 million barrels of oil equivalent per day between 2025 and 2027 through key projects and exploration activities. The company aims to drill over 400 wells and execute 39 upstream projects, including offshore platforms, onshore facilities, and extensive pipeline installations.
- 1 year, 6 months
SOUTH PARS COMPLEX BOOSTS IRANIAN GAS PRODUCTION BY 165 BILLION CUBIC METERS.
In recent months, Iran's gas production has seen a significant boost, largely driven by the South Pars complex, as part of the country's efforts to meet domestic demand.
- 1 year, 6 months
TOTALENERGIES WILL SUPPLY 1.5 TWH TO STMICROELECTRONICS IN FRANCE OVER 15 YEARS.
TotalEnergies has signed a 15-year agreement to supply STMicroelectronics in France with 1.5 TWh of renewable electricity from wind and solar farms, starting in 2025. This deal supports STMicroelectronics’ goal of achieving carbon neutrality in its operations by 2027 through 100% renewable energy sourcing.
- 1 year, 6 months
PETROBRAS INCREASES OIL AND GAS RESERVES TO 11.4 BILLION BARRELS.
Petrobras has increased its proven oil and gas reserves to 11.4 billion barrels of oil equivalent (boe) in 2024, up from 10.9 billion boe in 2023, mainly due to advancements in key offshore fields. The company emphasizes the need for continued investment in exploration and recovery to sustain future production.
- 1 year, 6 months
KUWAIT SIGNS MOU TO BUILD MEGA POWER PLANT.
Kuwait has recently signed a memorandum of understanding (MOU) with two international companies, AB Transco and its strategic partner General Electric Vernova, to construct a large-scale power plant.
- 1 year, 6 months
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