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ExxonMobil loads first 1mn barrel cargo of Guyanese oil
ExxonMobil said it had loaded and dispatched its first cargo of crude oil from the first stage of Liza, a field that lies offshore Guyana, on January 20.
Pemex issues $5bn worth of 11- and 40-year bonds
Mexico’s national oil company (NOC) Pemex said on January 21 that it was issuing $5bn worth of new medium- and long-term bonds denominated in US dollars.
Chevron secures 90-day extension of US sanctions waiver
The US Treasury Department has extended Chevron’s exemption from sanctions that limit investment in the Venezuelan oil and gas industry for 90 days.
Brasco, APM Terminals will set up logistics base to support Premier Oil
Brasco, an affiliate of Brazil’s Wilson Sons Group, is teaming up with APM Terminals of the Netherlands to establish a temporary logistics base for offshore work in the Ceará Basin.
Wärtsilä to carry out gas-to-power project in Brazil
Finland’s Wärtsilä has agreed to work with Rio Amazonas Energia (RAESA) on a project that will expand natural gas consumption in Brazil.
Azerbaijan’s Socar ‘considering Odessa-Brody pipeline for supplying Belarus with oil’
Equinor installs new fixed wellhead platform at Brazil’s Peregrino field
Norway’s Equinor said last week that it had installed a new platform at the Peregrino field offshore Brazil.
Egypt starts to Import gas from Israel
Enterprise starts up new Permian gas-processing plant
Enterprise Products Partners announced this week that its Mentone cryogenic gas-processing plant in the prolific Permian Basin had been brought into service.
Evolution Well Services wins electric fracking contract
Texas-based Evolution Well Services announced this week that it had struck a two-year deal to provide electric hydraulic fracturing services to a “leading” unnamed shale producer.
McDermott files for bankruptcy protection
Engineering and construction firm McDermott International has filed for Chapter 11 bankruptcy protection after reaching an agreement with its creditors.
Services firms’ quarterly results illustrate industry woes
Leading oilfield services firms Schlumberger, Halliburton and Baker Hughes have all reported their quarterly and full-year results, which contain some positives, but nonetheless illustrate the difficulties the energy industry is facing.
Private equity pair collect final bids for North Sea venture
M&NP pipeline’s owners pledge $152mn to cover mishaps
The consortium that owns the Maritimes & Northeast Pipeline has pledged $152mn to cover any leaks or other mishaps that may occur on the natural gas project.
Polish refiner PKN to ramp up Saudi oil purchases
Egdon secures farm-in deal with Shell
Legal victory for Trans Mountain, but further battles remain
Canada’s top court has dismissed an attempt by British Columbia to regulate what can be transported on the Trans Mountain pipeline through the province’s territory.
Nigeria files new charges in relation to OPL 245 payments
Nigeria’s federal government has filed 42 new charges against three individuals and four corporations in connection with allegations of fraud in the sale of OPL 245, an offshore oilfield, by Malabu Oil & Gas in 2011.
UK makes green play in Africa
The UK is to continue providing development financing for African countries that extract and use oil and gas in cleaner ways, despite UK Prime Minister Boris Johnson’s announcement that his government would no longer support coal mining anywhere.
Eni, partners bring Agogo field on stream offshore Angola
Italy’s Eni has begun extracting crude oil from Agogo, a deepwater field that lies within Block 15/06 offshore Angola.
INTERVIEW: Ukraine gas tariffs stay low, energy sector outlook improves
After signing off on a new gas transit deal in the last days of last year, Ukrainian authorities backed off their threat to more than triple gas tariffs for domestic producers in an effort to keep the pipeline system from going bankrupt.
FAR secures $300mn credit to cover its share of Sangomar costs
Australia’s FAR has secured funding to cover its share of development costs at Sangomar, an oil-bearing block located offshore Senegal.
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