Gazprom Neft Sells First Arctic Oil Cargo to China
Russia’s state-run Gazprom Neft has sold its first Arctic oil cargo to China to ChemChina.
News / International
PEDEC, Petropars to Develop South Azadegan Field
The Petroleum Engineering and Development Company (PEDEC) has signed a deal with Petropars Company to complete the final stages of development in the South Azadegan field.
Brazil Achieves Record Crude Oil Exports to Asia
Brazil has increased crude exports to Asia in the first half of the year as many oil-producing nations cut production to match record low demand.
Ezion Gerber, Subsea Solutions to Collaborate on Future Nigerian Projects
Engineering, procurement, construction, and installment (EPCI) company, Ezion Gerber Energy, has entered into a contract with Norwegian company, Connector Subsea Solutions, for future offshore projects in Nigeria.
Wärtsilä to Equip Integrated Bridge Systems on 5 LNG Carriers
Finish marine manufacturing company, Wärtsilä, has been contracted to deliver a complete bridge systems installation for five icebreaking LNG-fueled tankers for the Arctic LNG-2 project.
Halliburton Signs Deal to Advance Digital Capabilities
Multinational oil field service company, Halliburton, has entered into a five-year agreement with Microsoft and Accenture to advance Halliburton’s digital capabilities in Microsoft Azure.
Iraq to Resume Oil Exports to Jordan
Jordan’s Energy Minister, Hala Zawati, has finalized procedures to resume Iraqi oil exports to Jordan after Iraq stopped exporting after oil prices dropped to less than $20 per barrel.
BOEM to Offer 78.8 MM Acres in Oil, Gas Lease Sale
The Bureau of Ocean Energy Management (BOEM) set to offer 78.8 million Acres in Lease Sale 256 scheduled for November 2020.
Norway’s June Production Figures 4.1% Lower than Expected
Norwegian Petroleum Directorate (NPD) has announced that Norway failed to reach the original production figures for June by 4.1%.
Total Signs $14.9 B Contract for First Onshore LNG Development in Mozambique
France’s Total has signed a $14.9 billion senior debt financing agreement for Mozambique LNG, which is the first onshore LNG development in Mozambique.
