Vitol Inc has signed a liquefied natural gas sale and purchase agreement (SPA) with Cheniere Marketing, LLC, parent company Cheniere Energy, Inc reported on the 17th September. “We are pleased to announce this long-term SPA with Vitol, one of the fastest growing players in…
China Merchants Heavy Industries (CMHI) has contracted Huisman to engineer and fabricate a drilling system for a moored semisubmersible drilling rig constructed at CMHI Haimen. This will be used for oil and gas drilling activities in shallow to medium water depths offshore Asia, and the…
Cairn India has made an oil and gas discovery in the shallow waters of the Krishna Godavari basin, offshore India. The news of the discovery was shared on the 17th September by Vedanta Limited which said the hydrocarbon discovery had been made in…
Natural gas may have won over some critics because it is replacing the more carbon-intensive coal but its political strength might ultimately lead to its demise: It is pushing to ease methane rules established in 2016 which could do more environmental damage than carbon. …
Shell plans to maintain methane emissions intensity below 0.2% by 2025, the company reported. The target covers all oil and gas assets for which Shell is the operator. “This methane target complements Shell’s ambition to cut the net carbon footprint of our energy products…
AIM-listed Eland Oil & Gas, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, has announced the following update on the Opuama-10 and Opuama-11 wells in licence OML 40 and Ubima. Opuama The company, through…
Ophir Energy has closed its acquisition from Santos of various producing assets in Southeast Asia. Chief among these are the Premier-operated Chim Sao/Dua oil field in the Natuna Sea off Vietnam and the Madura Offshore and Sampang PSCs offshore Indonesia. Madura Offshore and…
China’s Sinopec Corporation has joined a group planning to build an oil refinery in Alberta, the project’s consultant said, an enterprise which would strengthen demand and prices for the Canadian province’s heavily discounted crude. State-owned Sinopec, formally known as China Petroleum & Chemical Corporation,…
BP has acquired a 61 percent participating interest in the existing onshore Gobustan PSA (product sharing agreement) in Azerbaijan, BP Azerbaijan said on the 14th September. BP, as operator, plans to drill one exploration well to appraise a potential prospect in the contract area…
EnQuest’s Kraken field in the UK northern North Sea has delivered its first ship transfer of crude oil at Sullom Voe, Shetland. This was also the first such transhipment at the port for almost three years, the company added. The 277-metre (909-foot) long…
