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Adnoc, Petronas Sign Framework Agreement


Adnoc, Petronas Sign Framework Agreement
Mar 10, 2021 11:35:am
Summary
by: Shardul Sharma
Posted in:
Adnoc, Petronas Sign Framework Agreement
The Abu Dhabi National Oil Company (Adnoc) and Malaysia’s Petronas have signed a strategic framework agreement to collaborate across the full oil and gas value chain, Adnoc said in a March 10 statement.  
Under the terms of the agreement, the companies will potentially work together in the exploration, development, and production of conventional and unconventional hydrocarbon resources in Abu Dhabi. They will also consider cooperation in the domestic and international downstream sector, Adnoc said.
Among the opportunities in Abu Dhabi, the company added, is Taziz, Adnoc s joint venture with the Abu Dhabi Development Holding Company that is developing chemicals and other downstream projects in Ruwais. Another is in fuel oil and LNG bunkering. ....

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Sempra LNG Joins Methane Collaborative


Sempra LNG Joins Methane Emissions Group
US-based Sempra LNG said March 9 it has joined the Collaboratory for Advancing Methane Science (Cams), an industry-led consortium created to better characterise and understand methane emissions.
The consortium, created in 2018 and administered by GTI, includes US majors Chevron and ExxonMobil, Norway’s Equinor, Anglo-Dutch major Shell, Pioneer Natural Resources and LNG developer Cheniere Energy.
Its members “work collaboratively to provide actionable, transparent methane science to contribute to the understanding of methane emissions across the oil and gas value chain and inform mitigation strategies,” according to an email statement.
The consortium’s first project was the Methane Emission Estimate Tool (Meet), an open-source model that simulates methane emissions from production and gathering facilities. Phase two of the Meet project will apply the tool to simulate areas of higher methane concentrations for Project ....

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