Gas Sales Agreements News

 

Trinidad: BHP, NGC Sign Ruby Field Gas Sale Deal

Jul 23, 2020

BHP and the National Gas Company of Trinidad and Tobago have successfully completed negotiations for a Gas Sales Agreement for the Ruby offshore field.The Ruby oil and gas field is located in Block 3(a), off the east coast of Trinidad, and is…

Kosmos Energy in $200M Prepayment Deal for Gulf of Mexico Crude

Jun 29, 2020

Oil and gas company Kosmos Energy has into a crude oil prepayment agreement with commodities trader Trafigura for a portion of its production in the U.S. Gulf of Mexico.The prepayment agreement provides up to $200 million of crude oil sales…

Energean, Edison Cut Norway from E&P Sales Deal

Jun 29, 2020

Oil and gas companies Energean and Edison have agreed to exclude Edison's Norwegian assets from the proposed sale of Edison's E&P business to Energean. Apart from the exclusion of Norway, the companies have also reduced the value of the deal by $111 million…

Chevron Strikes Wheatstone Gas Deal with BHP

Jun 24, 2020

Oil and gas major Chevron has signed a gas sales agreement in Australia, to supply BHP Nickel West from its Wheatstone gas project.Starting in July 2020, Chevron plans to supply BHP Nickel West with a total of 22 Petajoules of equity domestic gas over the 3…

Hibiscus in Oil Offtake, Funding Agreement with Trafigura

May 05, 2020

Bursa Malaysia-listed oil and gas firm Hibiscus Petroleum has signed agreements with global oil trader Trafigura for crude offtake and for future financing.The agreements include potential future offtake of crude oil by Trafigura from assets owned/projects undertaken by Hibiscus…

Cameroon: TechnipFMC Clinches Etinde FEED

Mar 04, 2020

Oilfield services giant TechnipFMC has won a front end engineering design (FEED) contract for the development of the offshore IM gas condensate field at Etinde, Cameroon. The Etinde Permit (former Block 7) lies in shallow water in the Rio del Rey Basin…

Greater Tortue Ahmeyim Partners Sign LNG Sales Deal with BP

Feb 12, 2020

Kosmos Energy has said that it has, with its partners in the offshore Senegal/Mauritania Greater Tortue Ahmeyim project, signed a deal to sell 2.45 million tonnes per annum of LNG to BP's subsidiary BP Gas Marketing.The sales and purchase agreement is valid for an initial term of up to 20 years…

Cooper Energy Sells More Casino Henry Gas to O-I

Feb 10, 2020

ASX-listed Cooper Energy has signed a new gas supply agreement with O-I, an industrial gas user and Australia’s largest manufacturer of glass container products.The gas is to be supplied from Cooper's equity share of production from its Casino Henry operations offshore Victoria…

Cameroon: New Age Signs Etinde Gas Sale LoI

Feb 05, 2020

New Age, the operator of the Etinde gas and condensate field offshore Cameroon, has signed a letter of intent with Victoria Oil & Gas for the supply of gas from the field.According to Bowleven, a partner in the Etinde field, the letter of intent…

TechnipFMC Sells Subsea Vessel

Nov 12, 2019

UK-based player in subsea, onshore/offshore and surface projects TechnipFMC has entered into a memorandum of agreement (MOA) to sell the Global 1201 S-lay and heavy-lift and pipelay vessel in an effort to optimize the profile and size of its subsea fleet…

Leviathan on Track for December Startup

Nov 10, 2019

The mega Leviathan gas field offshore Israel is on track to begin production in December, ahead of schedule and below budget, operator Noble Energy said.The Leviathan project is 96% complete after production decks were installed on the jacket in the third quarter…

Premier Oil Drills Offshore Indonesia

May 08, 2019

Premier Oil has started drilling operations at Natuna, offshore Indonesia, using the jack-up drilling rig HAKURYU-11, according to rig owner Japan Drilling Company (JDC).JDC was awarded a drilling contract by Premier Oil Natuna Sea in November last year…

Woodside Inks LNG Supply Deal with ENN

Apr 05, 2019

Australia's Woodside Petroleum WPL.AX has signed a Heads of Agreement (HOA) to supply liquefied natural gas (LNG) to China's ENN Group for 10 years from 2025, both companies said on Friday.Woodside, Australia's biggest listed oil and gas explorer…

MHI Turbine Win Starts Rovuma LNG Surge

Apr 01, 2019

A 10-year build-up of supermajor, offshore-heavyweight and expert onshore hydrocarbon players in Tanzania and Mozambique’s Rovuma Basin is starting to produce a trickle of large supplier orders that’s expected to become a torrent, as liquefied natural gas (LNG) trains line up…

Mozambique’s Offshore Plans Gain Vigor

Feb 28, 2019

For the joint partners in the Mozambique Area 1 project, 2019 started off on a high note with the signing of five new gas sale and purchase agreements that pushes closer to realization Mozambique's first onshore LNG facility on which the development…

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