News

  • Iraq Emerges as Iran’s Top Export Destination

    Iraq has emerged as Iran’s top export destination in the current Iranian year, an official announced.   The director of the export bureau of Iran’s Customs Office, Ali Akbar Shadmani, said the value of the country’s exports since the beginning of the current Iranian year…

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  • Novatek reports gas-condensate discovery

    Novatek-Yurkharovneftegas has discovered natural gas in the Nyakhartinskiy licence area of Russia’s Yamalo-Nenets Autonomous Area (north-east of Moscow)   The PO-1 exploration well flowed more than 300,000 cu m/day of natural gas and condensate from Lower Cretaceous sediments, according to Novatek, of which the operator…

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  • Block Energy notes ExxonMobil’s entry into Georgia

    Block Energy, the exploration and production company focused on the Republic of Georgia, has announced that ExxonMobil is set to carry out a comprehensive review of western Georgia’s hydrocarbon resource base and potential, following the signing of an agreement with the LEPL State Agency for…

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  • Corpus Christi LNG Export Facility Starts Production

    Cheniere Energy has begun producing liquefied natural gas from its Corpus Christi Liquefaction project in Texas’ Coastal Bend region, Bechtel reported on the 14th November.   Bechtel stated that the first Corpus Christi Liquefaction production train is the latest of six LNG trains which it…

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  • Iraq Resumes Oil Exports from Kirkuk

    Iraq said it has resumed oil exports from Kirkuk to Turkey, which had been halted for a year by a political dispute between the central government and the nation’s Kurds.   Between 50,0000 and 100,000 barrels a day are now being pumped through a pipeline…

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  • SBM obtains AIP for wind floater design

    ABS has issued an Approval in Principle (AIP) to SBM Offshore for its proprietary wind floater design.   Based on a TLP concept (Tension Leg Platform), the wind floater has been designed for the full life cycle, including in-place conditions, as well as for wet…

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  • Anadarko to allocate 70% of 2019 capex to US onshore

    Anadarko Petroleum Corporation will invest 70% of its 2019 capital expenditures budget on the US onshore, where it expects to operate an average of 15 rigs and ten completion crews focused mainly on development in the Delaware and DJ basins.   A decrease relative to…

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  • Santos cleared to acquire Quadrant Energy

    Santos Ltd, Adelaide, has been cleared by the Australian Competition and Consumer Commission (ACCC) for its proposed acquisition of Quadrant Energy Ltd, Perth.   The US$2.15-billion deal announced at the end of August is now expected to reach completion in a matter of weeks.  …

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  • Premier to start Tolmount platform construction in December

    Premier Oil, the London-listed oil and gas company, has announced that the platform construction for the Tolmount Main gas project, located in the Southern North Sea, will start in December.   Premier said in its trading and operations update on the 15th November that the…

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