(WO) – Oil and gas company, Etu Energias, and global technology company, SLB, signed a technical services agreement during the second day of the Angola Oil & Gas (AOG) 2023 conference and exhibition. The agreement will outline how SLB and Etu Energias will work together and define the scope of work, payment terms and deadlines for their business partnership.

Signed by Miguel Baptista, Managing Director for Central, East and Southern Africa at SLB and Edson dos Santos, CEO of Etu Energias, the Technical Services Agreement covers the development of Block 2/5, and will involve the development of engineering wells and end-to-end technological complimentary services.

The agreement is poised to revolutionize procedures and improve results at the Block, showcasing the companies’ commitment towards improving exploration and production infrastructure in Angola while showcasing the investment opportunities in the country’s technology sector.

Under the theme, ‘Energy Security, Decarbonization and Sustainable Development’, AOG 2023 serves as the premier platform for Angola’s key market players to meet with global companies and investors to discuss, negotiate, and sign deals. As such, the fourth edition of the conference and exhibition paves the way for industry leaders to lay the foundation for robust sectoral growth in the country.

Australian union workers extend 24-hour stoppages at Chevron LNG facilities Stephen Stapczynski, Bloomberg September 15, 2023

(Bloomberg) – Union workers at Chevron Corp.’s liquefied natural gas (LNG) facilities in Western Australia continued rolling 24-hour stoppages for a second day, prolonging uncertainty over global supply of the fuel.

Decisions to continue the full-day strikes will be made daily, according to an official at one of the unions representing the workers.

Employees at the Wheatstone and Gorgon LNG facilities started ramping up strikes last week in a dispute that has roiled global energy markets. Under the escalation, the staff could limit activities including restart of equipment, the mooring and loading of tankers or other vessels and laboratory analysis work.

Non-union workers are currently operating the facility. There are about 500 union members working at the plants.

The prospect of lower gas exports from one of the world’s biggest suppliers has sent global prices higher, as it threatens greater competition for LNG during peak demand in the northern hemisphere winter. The Wheatstone and Gorgon plants exported about 7% of global LNG supply last year.