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Samsung Engineering wins EPCC contract for Shell gas plant in Malaysia
South Korea’s Samsung Engineering announced on July 13 that it had been awarded an engineering, procurement, construction and commissioning (EPCC) contract for an onshore gas plant at Shell’s Rosmari-Marjoram project in Malaysia.
China’s state-owned giants buoyed by high oil prices
CNOOC Ltd has more than doubled its profits for the first half of 2022 compared with 2021, while PetroChina expects its first-half profit to rise by 50-60%.
Worley wins FEED contract for Santos’ Bayu-Undan CCS project
Worley has been awarded a front-end engineering and design (FEED) contract for infrastructure at Santos’ planned Bayu-Undan carbon capture and storage (CCS) project offshore Timor-Leste.
Shell announces extension of disruption to Prelude FLNG cargoes
Shell told customers on July 11 that it would be unable to supply cargoes from its Prelude floating LNG (FLNG) facility offshore Australia until at least July 21.
Court upholds Nexus pipeline approval
The US Court of Appeals for the District of Columbia (DC) Circuit last week upheld the Federal Energy Regulatory Commission’s (FERC) approval of the already operational Nexus Gas Transmission pipeline.
Delfin signs SPA for planned offshore LNG project
Delfin Midstream finalised a sale and purchase agreement (SPA) this week with commodity trader Vitol for offtake from its planned floating LNG (FLNG) export terminal in the US Gulf of Mexico.
Tellurian to buy Haynesville assets from EnSight
US LNG developer Tellurian announced this week that its production unit had agreed to buy natural gas assets in Louisiana’s Haynesville shale play from privately owned EnSight IV Energy Partners and EnSight Haynesville Partners.
Norway clears Shell investment in Ormen Lange
Rosenergoatom extends working life of BN-600 fast neutron reactor
The Beloyarsk NPP is to replace 24 steam generator modules to prepare for the life extension of the BN-600 sodium-cooled fast reactor at unit 3 beyond 2025
Biden administration weighs options for Willow
The administration of US President Joe Biden is considering a range of options for ConocoPhillips’ proposed Willow project in Alaska after the initial approval for the development was overturned by a court last year.
Maximising domestic gas supplies in Brazil
As a Brazilian legislator talks to stakeholders about bringing more gas to shore and reducing re-injection, he should take a closer look at Petrobras’ development strategy and CCUS solutions.
Ukraine sees impressive earnings from electricity exports but iron ore exports have dropped
Ukraine’s electricity earnings have increased by 160% in the last six months, Ukraine Business News (UBN) reported on July 15.
EU drafts plans to cut gas demand ahead of winter
Staatsolie VP urges IOCs to consider shallow-water blocks
Glenn Corrie, VP of offshore operations at Suriname’s national oil company Staatsolie, has urged investors to look closely at shallow-water acreage that will be offered in an upcoming licensing round.
Shipments to Europe help boost Venezuelan oil exports 61% in June
Venezuela saw exports of crude oil and refined fuels rise by 61% last month as it resumed shipments of crude to Europe for the first time in two years.
Citgo says it would be willing to import Venezuelan crude with US government’s permission
Citgo Petroleum, a US-based downstream affiliate of Venezuela’s national oil company PdVSA, indicated last week that it was willing to resume imports of Venezuelan crude if the US government authorised it to do so.
Trinidad and Tobago launches onshore, coastal bidding round
Trinidad and Tobago’s Ministry of Energy and Energy Industries announced this week that it had launched a new licensing round that covers 11 onshore and coastal blocks.
Petrobras confirms oil discovery in wildcat 1-BRSA-1383A-RJS well
Petrobras, Brazil’s national oil company, has confirmed its discovery of crude oil in a wildcat well drilled within the pre-salt zone of the southern Campos basin.
Marubeni, Osaka Gas, Peru LNG plan feasibility study for synthetic methane production
Two Japanese companies, Marubeni and Osaka Gas, have announced plans to team up with Peru LNG for a study of synthetic methane production in Peru.
Colombia’s Council of State says law permitting unconventional exploration will stand
Colombia’s highest administrative court will not proceed with a lawsuit that aims to overturn government regulations permitting the development of unconventional oil and gas reserves.
Tullow says Beebei-Potaro-1 exploration well at Kanuku will be completed in Q3-2022
Tullow Oil (UK/Ireland) said on July 13 that it expected to finish drilling and obtain results from Beebei-Potaro-1, an exploration well now being sunk at the Kanuku block offshore Guyana, in the near future.
TotalEnergies not yet ready to set date for FID on Block 58
TotalEnergies EP, a subsidiary of the French major TotalEnergies, has indicated that it is not yet ready to make a final investment decision on the development of Block 58 offshore Suriname.
ConocoPhillips to take 30% stake in Port Arthur LNG
ConocoPhillips has entered into a heads of agreement (HoA) to acquire a 30% stake in Sempra’s proposed Port Arthur LNG export project in Texas, it emerged this week.
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