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Bidding pipeline in West Asia remains strong: L&T

L&T shares fell on reports of Saudi Aramco deferring $10bn Safaniyah oilfield projects. L&T s bidding pipeline in West Asia remains strong, with prospects in Blue Ammonia, Desulphurisation, petrochemical projects, Indian market, and Aramco projects. Last month Aramco announced its decision to pause expansion of its oil production capacity following a governmental directive. Aramco would target a maximum sustained production capacity of 12 million barrels per day (bpd), 1 million bpd below a target announced in 2020. ....

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Clear Brine Fluids Market revenue to reach USD 7 Billion by 2036, says Research Nester

Clear Brine Fluids Market revenue to reach USD 7 Billion by 2036, says Research Nester
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Kuwait seeks to boost oil production, pushes on with Durra gas field

Durra holds an estimated 20 trillion ft3 of proved reserves, but Iran claims an interest. [Image: Kuwait Oil] ....

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TotalEnergies sells 40% stake in Angolan block to Petronas

The project will include technologies to minimise greenhouse gas emissions and the facilities will be designed for zero flaring, with the associated gas entirely reinjected into the reservoirs. ....

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Woodside approves Trion development in Mexico

The Trion resource is a large conventional oil and gas reservoir, estimated to hold 479mn barrels of oil equivalent of best estimate (2C) contingent resources. ....

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