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Uzma lands Valeura deal for Gulf of Thailand project
Malaysia-based energy industry services firm Uzma has landed a contract with oil firm Valeura Energy through its subsidiary MMSVS in Thailand. The contract, spanning three years, involves the provision of coil tubing equipment and services.
Equinor, Repsol Sinopec Brazil, Petrobras make FID on $9bn BM-C-33 project
Equinor and its partners have made a final investment decision on the $9bn development of BM-C-33, a natural gas block in Brazil's offshore Campos basin.
Africa’s LPG consumption lowest in the world
The African Refiners and Distributors Association (ARDA) said this week that despite having more than 620 trillion cubic feet (17.5 trillion cubic metres) of natural gas reserves, the continent is the world’s lowest consumer of LPG.
TotalEnergies building up “pool” of oil discoveries at Block 58 offshore Suriname, Pouyanné says
Patrick Pouyanné, the CEO of France’s TotalEnergies, has indicated that his company is working to aggregate all of its oil discoveries at Block 58 offshore Suriname.
Mauritania plans several hydrogen projects with total 80-GW capacity, minister says
Mauritania plans to have 80 GW of electrolyser capacity if all of its hydrogen projects come to fruition, the country's Minister of Petroleum, Mines and Energy, Abdessalam Ould Mohamed Saleh, told the Africa Hydrogen Forum in Rotterdam on May 9.
Staatsolie signs PSCs with TotalEnergies, QatarEnergy for Blocks 6, 8 offshore Suriname
Suriname's Staatsolie has signed PSCs for two offshore blocks with TotalEnergies and QatarEnergy.
Petrobras says it may move rig to Potiguar basin if it cannot drill in Foz do Amazonas
Brazil's Petrobras may relocate its rig from FZA-M-59, an exploration block near the mouth of the Amazon River, if it cannot obtain an environmental licence to begin drilling there.
ANP drafting new technical classification regulations for gas transportation, distribution infrastructure
Brazil's ANP intends to draft new regulations governing technical classifications for natural gas distribution and transportation infrastructure.
Pemex in talks with Mexican government on extending deferral of profit-sharing payments
Mexico’s Pemex has confirmed that it is in negotiations with the government after asking to extend the deferral of its profit-sharing payments.
ConocoPhillips profit down from a year ago despite tight supplies
Oil and gas producer ConocoPhillips posted first-quarter 2023 earnings and adjusted earnings of $2.9bn, or $2.38 per share, compared with first-quarter 2022 earnings of $5.8bn, or $4.39 per share.
Iraq concludes studies ahead of Nebras development
The Iraqi Ministry of Oil (MoO) announced this week that technical and economic studies have been completed for the Nebras petrochemical project.
Serbia to build new oil pipeline with Hungary, new gas pipeline with Bulgaria
Hungary and Serbia have reached an agreement to construct a new oil pipeline that will add to the transit of Russian oil from the Druzhba pipeline to Serbian consumers, said Hungarian Minister of Foreign Affairs Peter Szijjarto.
KSE’s plan for Ukraine to fight back against Russia’s weaponisation of gas
Russia's attempt to use its gas supply as a political tool against its neighbours and the EU has backfired, but gas supplies from Russia to Europe should be allowed to continue, but with some strict restrictions to defang Russia's energy weapon.
Chevron spuds appraisal well in Cyprus Aphrodite field
US energy giant Chevron has spudded an appraisal well in the Aphrodite field offshore Cyprus. Discovered by Noble Energy in December 2011, the Aphrodite field has an estimated gas resource of 4.5 trillion cubic feet.
Nigeria’s Seplat Energy records $951.8mn revenue in H2 2022
Dual-listed Seplat Energy, a Nigerian oil and gas company, has recorded revenue of $951.8mn and a profit before tax of $204.4mn in the second half of 2022.
Hyundai bags LPG carrier order from UK-based shipping firm
Korean industrial heavyweight Hyundai have bagged an order placed by the UK-based shipping firm Purus Marine for four medium-sized LPG carriers. Reports indicate that all of the 45,000 cubic metre capacity carriers will be ammonia-ready at delivery.
Democrats raise concerns with Biden administration over climate impact of LNG
Over 40 Democrat lawmakers have asked the Biden administration to more carefully analyse the climate and environmental justice impacts of the expansion of the LNG industry across the country.
Korea Maritime Industries seeks to block foreign sale of Hyundai LNG Shipping
The proposed sale of South Korea’s Hyundai LNG Shipping to a foreign company has sparked concerns among South Korea’s maritime industry over the nation’s energy security.
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