Zvezda Shipyard Starts Work on Aframax Tanker
Russia’s Zvezda shipyard has commenced production on another Aframax tanker and the vessel will be named after Nursultan Nazarbayev, the first President of the Republic of Kazakhstan.
News / International
Equinor Makes Gas, Condensate Discovery in the North Sea
Equinor and its license partners Source Energy AS and Wellesley Petroleum AS have discovered gas and condensate in exploration well 30/2-5 S Atlantis.
BP, ENN Sign Natural Gas Supply Agreement
BP has signed a gas supply agreement with the Chinese energy company ENN Group (ENN), to support the growing energy demand in China’s southern Guangdong region.
NOC Predicts Libyan Oil Production to Decline by Half
Libya’s state-run National Oil Company (NOC), has predicted that Libya’s oil production and exports over the next year and a half are set to nosedive to half of what was initially forecast.
Iran Exports 273,000 bbl/d of Oil in June, Storage Nears Capacity
Iran exported a mere 273,000 barrels of oil per day (bbl/d) in June 2020 and Iran’s oil storage is nearing full capacity.
Zenith Energy Applies for Second Oil Production Asset in Congo
Zenith Energy has entered into a joint venture with a local Congolese oil company for the potential acquisition of an onshore oil production license in Talipai.
Saipem Wins $325 MM Contract in Brazil
Engineering, drilling, and construction company, Saipem, has been awarded a $325 million contract by Brazil’s state-run oil company, Petrobras, for the installation of a rigid riser-based subsea system offshore Rio de Janeiro.
Sound Energy Renegotiates Exploration Permits in Morocco
Moroccan focused upstream gas company, Sound Energy, has, together with its licence partners, renegotiated its Anoual exploration permits with Moroccan National Office of Hydrocarbons and Mines (ONHYM).
Lukoil Implements Oil-Associated Gas Utilization Project
Russian multinational oil corporation, LUKOIL, has implemented an oil-associated gas utilization project at the Sredne-Nazymskoye field in KhMAO-Yugra.
Equinor Provides Engineering, Installation Services in North Sea
Equinor has awarded APPLY a framework agreement for engineering and installation services on the North Sea Statfjord field.
