Mubadala Investment Company (Mubadala) and Snam, one of the world’s leading energy infrastructure operators, have signed MoU to collaborate on joint investment and development initiatives on hydrogen
Industry
Saudi Aramco achieves a net income of US$49bn in 2020
The Saudi Arabian Oil Company has announced its full-year 2020 results, demonstrating exceptional resilience despite the macroeconomic impact of COVID-19 and delivering on its intended dividend payments to shareholders
Gulf Keystone Petroleum accelerates investment programme
Gulf Keystone, one of the leading independent operators and producers in the Kurdistan Region of Iraq, has announced the resumption of the companys growth plans to ramp-up gross production towards 55,000 bopd
Oil markets face uncertain future after pandemic shock: IEA
World oil markets have rebounded from the massive demand shock triggered by COVID-19 but still face a high degree of uncertainty that is testing the industry as never before, according to a a report by International Energy Agency (IEA)
Expro partners with FTAI Ocean LLC
International oilfield service company Expro Group has formed an alliance with global vessel provider FTAI Ocean LLC (FTAI Ocean), a subsidiary of Fortress Transportation and Infrastructure Investors LLC to supply the DP3 M/V Pride well intervention vessel
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