Latest news
Saipem nets $1.7B in drilling contracts
Saipem on Friday said that the contracts related to the offshore drilling division concern activities to be executed in Norway and in Angola. Apart from sharing the regions where the projects will be carried out, the company did not provide any further info on the offshore drilling contracts.
read more... 30/12/2019
Daily (27.12.2019): Crude oil at the highest level since September on Thursday due to China-U.S. trade pact
Crude oil strengthened in post-holiday light trading, with prices hitting the highest level since September, buoyed by optimism that China-U.S. trade conflict will end soon and following API’s data report indicating a bigger-than-expected decline in crude stockpiles.
read more... 27/12/2019
Yamal LNG Receives Transshipment Tank at Zeebrugge LNG Terminal
PAO NOVATEK today announced that OAO Yamal LNG started using a dedicated LNG transshipment tank at the Zeebrugge LNG terminal in Belgium as part of a 20-year transshipment agreement between the Project’s subsidiary Yamal Trade and Fluxys LNG NV/SA.
read more... 27/12/2019
Gazprom expects gas exports to drop to 198.8 bcm in 2019
Russian gas giant Gazprom sees its gas exports outside ex-Soviet Union this year at 198.8 billion cubic metres (bcm), Interfax cited company’s head Alexei Miller a saying on Thursday, down from a record-high 202 bcm in 2018.
read more... 27/12/2019
Russian oil company enters two blocks offshore Egypt
On December 24, 2019, in Cairo, Zarubezhneft JSC, the Ministry of Oil and Mineral Resources of Egypt, the Egyptian state holding oil company GANOPE, and Pacific Oil Limited, have signed a production sharing agreement for the South East Ras El Ush and East Gebel El Zeit blocks.
read more... 27/12/2019