The estimated $35bn-worth of refining and petrochemical projects that Kuwait is pursuing at...
- Kuwait banks on domestic downstream schemes
- Canadian oil sands: discounts to persist without new pipeline capacity
- Best performing wells in Permian break even at as low as $22 per barrel
- The US leads globally in planned polyethylene capacity additions
- Ten largest upcoming onshore gas projects globally will be produced by Russia
Gazprom to start Achimov strata development at Yamburgskoye field
Gazpromneft-Zapolyarye has concluded agreements to start developing Achimov strata at the Yamburgskoye oil and gas condensate field, as well as oil-rim deposits at the Pestsovoye and En-Yakhinskoye fields in Russia.
Senex Energy awards Surat Basin drilling contract to Easternwell
Australian firm Senex Energy has awarded a drilling contract to oil and gas services provider Easternwell to begin its Surat Basin natural gas drilling programme in the country next month.
Saudi Aramco to acquire 17% stake in Hyundai Oilbank for $1.25bn
Saudi Aramco has signed an agreement to acquire a 17% stake in South Korean oil refiner Hyundai Oilbank for a $1.25bn consideration.
OMV completes Europe’s largest onshore 3D seismic survey
Austrian firm OMV has concluded Europe’s largest onshore 3D seismic survey covering a total area of 1,500km² in search of natural gas.
Nidec ASI to supply drive systems for Arctic LNG 2 project
Nidec ASI has signed a contract to deliver variable frequency drives systems (VFDS) and motors for the Arctic LNG 2 project located on the Gydan Peninsula in the north of Siberia.
Shell to quit Gazprom-led LNG project on Russian coast
Shell has reportedly decided to pull out of a liquefied natural gas (LNG) project planned to be developed under a joint venture led by Gazprom on the Russian Baltic coast.
Cabot Energy to relinquish PEL 629 onshore exploration licence
Cabot Energy has decided to give up its PEL 629 onshore exploration licence for the Otway Basin in South Australia.
Callon Petroleum to sell non-core Midland Basin assets for $260m
Callon Petroleum Company has agreed to sell certain non-core assets in the Midland Basin for $260m to streamline its business and focus on core assets.
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