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CEM India 2019
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September 9 , 2019 Ι Volume 9 Ι Oil and Gas Advancement news letter
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Saudi Aramco expands downstream investment in China Zhejiang Free Trade Zone
Saudi Aramco signed a Memorandum of Understanding with China’s Zhejiang Free Trade Zone, in which the Zhoushan Government emphasized its support for incentivizing Saudi Aramco’s greater investment
ExxonMobil and Mosaic Materials to explore new carbon capture technology
ExxonMobil and Mosaic Materials said that they have entered into an agreement to explore the advancement of breakthrough technology that can remove carbon dioxide from emissions sources.
BP to sell Alaska business to Hilcorp
BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP’s interests in the state for a total consideration of $5.6 billion.
Technip FMC Awarded a Significant Integrated EPCI iEPCI Contract for the Shell PowerNap project in the Gulf of Mexico
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation contract by Shell for the PowerNap project, located in the Gulf of Mexico..
Zohr Gas Output Increases 3.6 times in H1 up to 11.3 bcm
The consortium of Eni, Rosneft, BP, and Mubadala Petroleum together with Egyptian oil and gas companies continues the successful implementation of the Zohr gas project on the Mediterranean offshore.
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