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Azerbaijan’s Socar and Russia’s Lukoil sign MoU in Davos on joint exploration of ‘promising’ Caspian Sea blocks
Jordan plans second refinery
Uganda refining project nears FID
Total signs 10-year supply deal with Nigeria LNG
France’s Total has struck a deal to buy 1.5mn tonnes per year (tpy) of LNG from the Nigeria LNG (NLNG) terminal on Bonny Island.
Sinopec reportedly to review potential Cheniere deal
Reports have emerged that China’s Sinopec is planning to review the terms of a potential supply deal it is expected to strike with US LNG exporter Cheniere Energy once trade relations between the two countries improve.
Azito Energie reaches financial close for Côte d’Ivoire
African IPP Azito Energie has reached financial close on its 253-MW expansion of the existing 460-MW Azito gas-fired power plant near Abidjan in Côte d’Ivoire.
EU won’t agree to Libya solution unless Turkey, Libya abandon maritime deal says Greek PM
Gas troubles in Trinidad and Tobago
Trinidad and Tobago's gas sector is under pressure, both at home and in the export market.
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.
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