According to the latest Reuters report, after the signing of a trade deal between Washington and Beijing, Gazprom is hopeful that China will purchase the majority of US-produced LNG cargoes, not European. Speaking at a recent investor meeting, the head of Gazprom’s exporting arm,…
Kuwait and Saudi Arabia will resume oil production from their shared fields this month, more than five years after a dispute halted supply. The Khafji field in the so-called neutral zone will start output by the end of February, while operations will resume at…
The Government of Israel has limited the natural gas production from its largest natural gas field – Leviathan – to about 60 percent of its production capacity due to a pipeline fault. The operator of the Leviathan field, Noble Energy, was told that full…
Prime Power Middle East (PPME), a wholly owned subsidiary of Prime Metro Power Holdings Corporation, has commenced operation of its power plant in Umm Qasr, Basra. The power plant started its commercial operation on the 9th February 2020, and is designed to deliver base…
Swire Oilfield Services, a leading global provider of offshore containers and oilfield services, has announced a strategic partnership agreement today with Global Oilfield Services Inc, for the supply of offshore containers and equipment to support the growing energy market in Guyana. Global Oilfield Services…
Bailey warns Brussels on City access ‘punch-up’ The European Union and the UK should not allow politics to overshadow work to maintain regulatory equivalence following the expiry of the post-Brexit transition period at year-end and must avoid a “metaphorical punch-up” at all costs, the incoming…
With almost 1.4 billion people, India remains the most energy-deprived nation on Earth. The upside for demand seems almost unlimited. India has 635 million people under the age of 24. This is a burgeoning young population the size of the total populations of the…
Well abandonment services provider Well-Safe Solutions has awarded a “significant work scope” to oilfield services provider Schlumberger for the provision of plug and abandonment well services in the North Sea. The scope includes the supply of cementing service, wireline services, wellbore fluid services and…
BP and its partners have signed a sale and purchase agreement (SPA) for the Greater Tortue Ahmeyim gas-condensate development offshore Mauritania and Senegal. According to one of the partners, Kosmos Energy, BP Gas Marketing will take 2.45 million metric tons/yr of LNG from Phase…
Iraqi officials have indicated that the United States is likely to renew a key Iran sanctions waiver which will allow Baghdad to continue importing Iranian natural gas to fuel its electricity needs, the AP reported. The three-month waiver was set to expire on the…
