iGAS, a subsidiary of CEF SOC Limited (CEF) and Companhia Mocambiçana de Gasoduto (CMG), a subsidiary of Empresa Nacional de Hidrocarbonetos, EP (ENH), have acquired a 30% equity interest in the ROMPCO pipeline in Mozambique
Exploration
ReconAfrica and NAMCOR announce well spudding
Canada’s ReconAfrica and its joint venture partner NAMCOR, the state oil company of Namibia, have announced spudding of the 1819/8-2 well in the Kavango Basin, the first well in an initial four-well programme
EGPC and Baker Hughes collaborate to cut emissions from flaring operations
Baker Hughes and Petrosafe, a subsidiary of the Egyptian General Petroleum Corporation (EGPC), have agreed to deploy Baker Hughes’ flare.IQ technology at the APC Refinery in Alexandria, Egypt, as the initial phase of a broader flare recovery partnership to help reduce emissions from oil and gas flaring operations
Hyzon Motors and Schlumberger to collaborate in reducing emissions
Hyzon Motors, a global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, is teaming up with Schlumberger Limited, a technology company specialising in energy, to reduce emissions in upstream oil & gas operations
China to account for 24% of upcoming crude oil refinery projects in Asia through 2026, reveals GlobalData
China is expected to commence operations of 44 crude oil refinery projects during 2022-2026, accounting for 24% of all crude oil refinery projects in Asia, driven by growing refining capacity to meet the rising demand for plastics and petroleum products, reaveled GlobalData, a leading data and analytics company