Occidental

Occidental and BHE Renewables, a subsidiary of Berkshire Hathaway Energy, formed a joint venture to demonstrate and deploy TerraLithium extraction technology.

Occidental and the Rice family increased their PIPE investments by $275 million combined in NET Power's proposed business combination with Rice Acquisition Corp. II, bringing total committed capital to $510 million.

ADNOC Sour Gas, a joint venture between ADNOC and Occidental, awarded a $510 million EPC contract to Saipem for the Optimum Shah Gas Expansion and Gas Gathering project at the Shah Gas plant in the UAE. The project will increase processing capacity by 13% to 1.45 billion scfd and is planned for completion in 2023.

Adnoc Sour Gas awarded a $510 million contract to Saipem to expand the Shah gas plant's capacity by 13% to 1.45 billion cubic feet per day by 2023.