June 2024 witnessed significant activity in the liquefied natural gas (LNG) sector, with Saudi Aramco leading the charge by securing major long-term export agreements. LNG, known for being a reliable energy source that aligns with global climate goals for carbon neutrality, is becoming an essential transition fuel.
Israel's government has approved plans to significantly increase the country's natural gas exports and boost production at the Leviathan Gas Field.
The latest issue of the "Oil and Arab Cooperation" magazine, published by the Organization of Arab Petroleum Exporting Countries (OAPEC), examines the impacts of decarbonization and the circular carbon economy in the oil and gas sectors of Arab countries.
OneSubsea has secured a new contract with TotalEnergies for the Kaminho project, an offshore venture in Angola.
An oil discovery in Africa, boasting reserves exceeding 10 billion barrels, has captured the attention of about 12 international companies.
Egypt has achieved a significant global milestone in the energy sector by signing a groundbreaking deal, surpassing a similar agreement made by the Sultanate of Oman in March 2024.