India’s OIL Announces New Hydrocarbon Discovery in Assam
Oil India Limited (OIL) has made a new hydrocarbon discovery at well Dinjan-1 in Tinsukia Petroleum Mining Lease (PML) in Assam.
News / International
ADNOC L&S Acquires Third Ultramax Carrier
Abu Dhabi National Oil Company’s (ADNOC) maritime arm ADNOC Logistics & Services (L&S) has acquired its third Ultramax bulk carrier (Al Karama) after acquiring two Ultramax carriers earlier this year.
EOG Resources Obtains 50% Interest in Oman’s Block 49
EOG Resources has entered into an agreement to acquire Tethys Oil’s subsidiary, Tethys Oil Monstasar, in a deal that sees EOG receive Tethys 50% working interest in Block 49 onshore Oman.
ADNOC LNG Signs Strategic LNG Supply Agreements with Vitol, Total
ADNOC LNG has signed two strategic supply agreements with Vitol and Total.
ConocoPhillips Announces New Gas Discovery in Norway
American supermajor, Conoco Phillips, has announced a new significant gas condensate discovery in Norway.
ADNOC, ADQ Launch JV TA’ZIZ
The Abu Dhabi National Oil Company (ADNOC) and ADQ, one of the region’s largest holding companies, have announced TA’ZIZ as the name of the new joint venture (JV) established by both companies.
ICE Signs Deals with US Firms to Use New UAE Murban Crude Futures
Intercontinental Exchange (ICE) has signed agreements with American supermajor Chevron, Occidental Petroleum, and leading merchant Trafigura AG to use the upcoming Murban crude futures contract as a pricing benchmark for US sales to Asia.
Equinor Awards 3 Service Contracts in Bacalhau Field
Halliburton, Schlumberger, and Baker Hughes, three of the largest service field providers, have been awarded contracts for drilling and well services by Equinor for the Bacalhau field in Brazil.
Qatar, Singapore Sign Strategic LNG Deal
Qatar Petroleum and Pavilion Energy have signed a strategic liquified natural gas (LNG) sale and purchase agreement (SPA) that will provide Singapore as much as 1.8 million tons per year (mt/y) starting from 2023.
ADNOC to Accelerate Transformation Program
The United Arab Emirates’ largest oil company, Abu Dhabi National Oil Company (ADNOC), announced at the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC) that it will accelerate its transformation program to reduce cost and unlock value.
