Petrobras Opens Bidding for Lease of Biggest LNG Terminal in Brazil
Petrobras Company announced that it imposed its LNG regasification terminal and associated facilities for lease. The terminal is located in the northeast of Bahia.
News / International
US LNG Exports to Jump for First Time Since February
US liquified natural gas (LNG) exports are expected to be increased in August for the first time in six months which will help rising gas prices by more than 17%.
Germany to Build a 30 MW Hydrogen Electrolysis Plant
Companies involved in a hydrogen plant at Heide oil refinery near Hamburg announced that they would build a 30 megawatts (MW) electrolysis plant achieving its plan to develop commercial-scale carbon- free energy.
Oman’s Motor, Jet Fuel Records Sharp Decline in H1 2020
OQ, the Omani integrated refining and petrochemicals conglomerate, reported that its refineries recorded sharp decline in its production of motor fuels, jet fuels in addition to other refined products during the first half (H1) of 2020.
Aker Solutions Extends EPC Contract in Canada
Aker Solutions has been awarded a five-year engineering, procurement, and construction (EPC) contract extension by ExxonMobil for the Hebron platform in Canada.
Spirit Energy Extends North Sea Gas Field LifeÂ
British oil and gas company, Spirit Energy, has renewed the life of the Southern North Sea gas field, York, extending the life expectancy by three additional years with an additional £13 million of investment.
NOC Posts Export Revenues of $45 MM for June
The National Oil Corporation (NOC) has posted export revenues of $45.5 million for crude oil, gas, and condensates in June, which is the lowest figures from the year so far.
Total, Indian Oil Form JV to Manufacture BitumenÂ
French energy company, Total, and India’s largest refiner and marketer of petroleum products, Indian Oil Corporation, has announced the formation of a 50:50 Joint Venture (JV) company that will manufacture and market high-quality bitumen derivatives, aimed at targetting India’s growing road demand.
LUKOIL Reaches Agreement with Cairn for Senegalese Assets
Russian oil and gas company, LUKOIL, has reached an agreement with Cairn Energy PLC to acquire a 40% interest in the RSSD (Rufisque, Sangomar and Sangomar Deep) project for a total of $300 million.
Eni Makes Discovery Offshore VietnamÂ
Eni has announced that exploration well, Ken Bau-2X, located in Block 114, Song Hong Basin, offshore Vietnam, is showing signs of a significant hydrocarbon accumulation on the Ken Bau discovery.
