The 12 member companies of the Oil and Gas Climate Initiative (OGCI) reduced their upstream emissions, launched an industry-wide initiative to cut methane emissions to near zero and increased investment and activities in low-carbon technologies that will support broader decarbonisation efforts
Exploration
bp to establish green hydrogen hub in Egypt
bp has signed a memorandum of understanding (MoU) with the Government of Egypt under which it will explore the potential for establishing a new green hydrogen production facility in the country
NewMed and Adarco close E&P deal on Boujdour Atlantique, Morocco
NewMed Energy has signed agreements with Adarco Energy and Morocco’s National Office of Hydrocarbons and Mines for the performance of natural gas and/or oil exploration and production activity in the Boujdour Atlantique exploration licence, which is located off the coast of Morocco in the Atlantic Ocean
Yinson to commence preliminary activities on FPSO for Agogo project
Yinson Production, through its wholly owned subsidiary, Yinson Azalea Production Pte Ltd, has entered into an agreement for preliminary activities (APA) with Azule Energy, through its wholly owned subsidiary Eni Angola SpA
NOC calls international partners to resume operations in Libya
Libyan National Oil Corporation has called the international oil & gas companies with whom it has signed oil & gas exploration and production agreements, to lift the force majeure declared by them