Industry

Total and Microsoft to drive digital innovation and net zero goals

Microsoft and TotalTotal and Microsoft have agreed to collaborate as strategic partners to further digital transformation and support progress toward net-zero emissions

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Cheiron agrees to acquire 50% of Shell's upstream oil and gas interests in Egypt

Cairn Shell EgyptCheiron 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

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Africa and Middle East's oil and gas sector saw a rise of 6.45% in cross border deals

Cross border dealasLed 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

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Attack on Saudi Arabian facilities causes oil price to spike

AdobeStock 330740958Tensions have flared in Yemen between the Houthi rebels and the Saudi-led coalition

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Genel Energy announces production start-up at Sarta-2 well in Iraq

Gnel ENergy 8 MarchGenel 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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