TotalEnergies: First oil of Mero-4

TotalEnergies: First oil of Mero-4

TotalEnergies announces one of the first oil from the fourth development phase of the Mero field on the Libra block, located 180 kilometres off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin. Launched in August 2021, this new phase, called “Mero-4”, will connect 12 wells to the new […]

XTrend Speed: A Leading Trading Platform Empowering Traders Worldwide

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In the fast-paced world of online trading, XTrend Speed has emerged as a powerful and innovative platform that caters to both novice and experienced traders. With its advanced technology, user-friendly features, and extensive range of trading instruments, XTrend Speed has positioned itself as a top-tier platform that provides users with unparalleled opportunities in the financial […]

Parkland Corporation partners with Simpson Oil

Parkland Corporation announced that it has entered into an agreement dated March 21, 2023 (the “Agreement”) with its largest long-term shareholder, Simpson Oil Limited (“Simpson Oil”). The Agreement furthers the long and successful relationship between Parkland and Simpson Oil. The Agreement grants Simpson Oil, holder of more than 19% of Parkland’s issued and outstanding shares, the right […]

Shell takes FID for Dover in the US Gulf of Mexico

Shell Offshore Inc., a subsidiary of Shell plc (Shell), recently announced the Final Investment Decision (FID) for Dover, a planned subsea tieback to the Shell-operated Appomattox production hub in the US Gulf of Mexico (GoM). Dover is expected to start production in late 2024-early 2025 and produce up to 21,000 barrels of oil equivalent per day […]

Masdar associates with SOCAR for projects on renewable energy

Masdar, one of the world’s leading clean energy companies, has signed joint development agreements with the State Oil Company of the Republic of Azerbaijan’s SOCAR, for onshore wind and solar projects, and integrated offshore wind and green hydrogen projects, with a total combined capacity of 4 gigawatts (GW). The agreements were signed by Mohamed Jameel Al Ramahi, […]

SFD and Pakistan enter a new deal to finance oil derivatives

In implementation of the directives from the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and the Crown Prince, Mohammed bin Salman Al Saud – may Allah protect them; the CEO of the Saudi Fund for Development (SFD), Sultan Abdulrahman Al-Marshad, and the Secretary Ministry of Economic Affairs in Pakistan, Dr. […]

Commaris Partners FIZUAS Unmanned Aircraft Systems

US based Commaris, a brand of Terrafugia, Inc. delivering uncrewed aerial vehicles (UAVs) for commercial operations, recently announced its dealer partnership with FIZUAS Unmanned Aircraft Systems. This partnership allows FIZUAS to sell Commaris’s flagship long-range UAV, the SEEKER, for commercial use. “We are excited to launch our new partnership with FIZUAS; their team of experienced […]