Total and Microsoft have agreed to collaborate as strategic partners to further digital transformation and support progress toward net-zero emissions
Industry
Cheiron agrees to acquire 50% of Shell's upstream oil and gas interests in Egypt
Cheiron Petroleum Corporation, Egypt’s one of the leading independent exploration and production company, has agreed to purchase 50% of Shell’s upstream oil and gas interests in the Western Desert
Africa and Middle East's oil and gas sector saw a rise of 6.45% in cross border deals
Led by Energean’s US$405mn acquisition of Energean Israel, Middle East and Africa’s oil and gas industry saw a rise of 6.45% in cross border deal activity during the Q4 2020, when compared to the last four-quarter average, according to GlobalData’s deals database
Attack on Saudi Arabian facilities causes oil price to spike
Tensions have flared in Yemen between the Houthi rebels and the Saudi-led coalition
Genel Energy announces production start-up at Sarta-2 well in Iraq
Genel Energy plc has announced that the Sarta-2 well has entered production at the Sarta field (Genel 30% working interest), with gross field production now in excess of 10,000 bopd
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