Agreement set to further complicate disputes between Ankara and regional neighbours over rights to East Mediterranean energy resources.
Maersk Supply Service has been awarded a contract for an integrated tow and installation project for an FPSO in the North Sea.
German’s gas demand is growing, and exporters of the fuel – both by pipeline and as LNG – are increasingly targeting the country.
Venezuelan President Nicolas Maduro said last week that his government was using 30mn barrels of crude oil from its inventories to back the petro, its new crypto-currency unit.
BP Trinidad & Tobago (BPTT) has expressed interest in the possibility of working with BHP (Australia) to find new sources of feedstock for Atlantic LNG.
The UK still has a long way to go with the decommissioning of its oil and gas infrastructure in the North Sea.
Peru LNG, a consortium that operates a gas liquefaction plant and export terminal in Pampa Melchorita, saw export volumes rise year on year in the month of October.
Canada’s PetroTal has reported that the drilling of its second horizontal well at Bretaña, a field in Peru, is proceeding as anticipated.
France’s Elengy and Rubis Terminal have signed a memorandum of understanding on launching preliminary studies on the construction of an LNG storage facility to meet local retail demand for the fuel.
Despite delays at its North Field Expansion project, Qatar has increased its LNG production outlook as a result of positive results from recent drilling and appraisal work at the field.
Argentina’s national oil company (NOC) YPF is reportedly set to reduce its bill for natural gas imports by $300mn this year and may succeed in doing the same next year.
The US major Chevron has arranged to sell its minority stakes in two mature natural gas fields to Hocol, a subsidiary of Colombia’s national oil company (NOC) Ecopetrol.
The African Development Bank has approved a $400mn long-term senior loan to support the Mozambique LNG project, which is being developed by a consortium led by France’s Total.