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Global energy executives upbeat on 2024 growth trajectoryNearly 73% of senior energy professionals from around the world are bullish on the industry's growth trajectory for the upcoming year, according to DNV's annual Industry Insight survey –revealing a resilient optimism within the energy sector, despite prevailing caution. More… |
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Oil demand to grow by 2.25m bpd, says OpecThe Organisation of the Petroleum Exporting Countries (Opec) said on Thursday that world oil demand will rise by 2.25 million barrels per day (bpd) in 2024 and by 1.85 million bpd in 2025, Reuters reported. In its monthly report, Opec pred More… |
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KBR awarded engineering services deal by First State HydrogenKBR has been awarded an engineering services contract by First State Hydrogen, Inc to support the feasibility and development of its first clean hydrogen production facility in the US mid-Atlantic region. KBR will provide engineering services to study the feas More… |
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TotalEnergies expands its ties with Algeria's SonatrachTotalEnergies and Sonatrach have signed a Memorandum of Understanding (MoU) with the aim of concluding a hydrocarbon contract in the north-east Timimoun region Under the aegis of Law n°19-13 governing hydrocarbon activities, this MoU outlines the realisati More… |
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Expro report highlights progress unlocking energy answersExpro, a leading provider of energy services, remains dedicated to fostering a low-carbon future and intends to play a key role in enabling a low-carbon transition. In its latest sustainability report, Expro highlighted the company’s achievements in 2023 More… |
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TotalEnergies expands its natural gas production in TexasTotalEnergies has agreed to acquire the 20% interest held by Lewis Energy Group in the Dorado leases operated by EOG Resources (80%) in the Eagle Ford shale gas play, increasing its natural gas production capacity in Texas. Located in Texas, the Dorado field w More… |
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Heisco wins technical services contract for Kuwait gas projectKuwait-based Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a key contract from Kuwait Oil Company (KOC) for its Jurassic Gas Field project located in the country's north. As per the KD26 millio More… |
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Tanzania to showcase major LNG projects at IAEWith estimated recoverable gas resources of around 57 trillion cubic feet (tcf), Tanzania will feature as part of an East African regional spotlight at Invest in African Energy (IAE) 2024. Since discovering large volumes of offshore gas, Tanzania has initiated More… |
