Gas Sales Agreements News

 

Anadarko, CNOOC Ink Mozambique LNG Deal

Feb 01, 2019

Anadarko Petroleum Corp said on Friday a long-term agreement had been signed with the trading division of China's state-owned offshore oil and gas producer CNOOC Ltd to supply liquefied natural gas (LNG) from Mozambique.The deal will bring it…

OMV Buys Shell's NZ Assets

Dec 28, 2018

Royal Dutch Shell plc announced Friday it has completed the sale of its New Zealand upstream oil and gas assets, marking the supermajor's exit from the Oceania country.The $578 million sale to Austrian integrated oil and gas company OMV includes the Māui…

CNOOC in Cooperation Pact with Nine Oil Majors

Dec 19, 2018

China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation, and Total.According to the agreements…

First Steel Cut for Karish and Tanin FPSO

Nov 27, 2018

Energean Oil and Gas announced that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel at the COSCO yard in Zhoushan, China, on Monday. The FPSO is scheduled to be delivered to the Karish field offshore Israel in late 2020…

Woodside Inks 20-year Gas Supply Deal

Nov 20, 2018

Woodside Petroleum Ltd, Australia's biggest listed oil and gas explorer, said on Tuesday it had signed a 20-year gas supply deal with Perdaman Chemicals and Fertilisers Pty Ltd.The agreement is to supply about 125 TJ of gas per day for use in Perdaman's proposed urea plant…

Energean to Drill More in Greece and Israel

Nov 15, 2018

UK-based international oil and gas exploration and production company Energean Oil & Gas said that it is on track to achieve first gas from the Karish-Tanin project off the coast of Israel in the first quarter of 2021.The company with operations offshore Israel…

Shell exits Ireland with Corrib sale

Jul 12, 2017

Royal Dutch Shell will exit upstream operations in Ireland with the sale of its Corrib gas field stake to a Canadian pension fund. Source: Shell The sale is part of the company’s strategy to reshape itself through a three-year…

Repsol increases Vietnamese field stake

Apr 18, 2017

Pan Pacific Petroleum has agreed to sell its 5% interest in Block 07/03 in the Nam Con Son Basin in the South China Sea, to Spain's Repsol for US$5 million. Block 07/03, operated by Talisman (part of Repsol), includes the Cá Rồng Đỏ (CRD)…

Waiting on LNG trains

Nov 01, 2016

It took a long time for exploration to make its impact offshore East Africa. Now it has, will there be another wait for LNG projects to look profitable? Professor Alex Kemp reflects. Image from iStock…

NOV buys Kongsberg's Subsea Products

Jul 22, 2016

Kongsberg Oil & Gas Technologies has signed a purchase agreement with a subsidiary of National Oilwell Varco (NOV) regarding the sale of its Subsea Products business. The sale includes Thor Tie-In, Weaklink, Pipeline Structures (typically PLEM…

SKE, Petronas sign SK310 UGSA

Jun 27, 2016

SapuraKencana Energy Sarawak (SKE), a wholly-owned subsidiary of SapuraKencana Petroleum Berhad (SKPB) has signed the SK310 Upstream Gas Sales Agreement (UGSA) in relation to the production of gas from the B15 Gas Field between Petronas as…

Wood Group Mustang chosen for Leviathan FEED

Jun 22, 2016

Wood Group Mustang has been chosen by the Leviathan partners to provide the front-end engineering and design (FEED) work for the Leviathan project’s production platform in a US$120 million deal. Image from Wood Group Mustang Twitter…

Noble gets Leviathan green light

Jun 02, 2016

Noble Energy has received approval to move forward with the development of Leviathan, offshore Israel, in addition to inking a US$2.5 billion deal to supply up to 473 Bcf from the highly anticipated project. Image from Delek…

Golar Tundra sold to Golar Partners

Feb 10, 2016

Golar LNG Ltd. entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit (FSRU), to Golar LNG Partners for US$330 million. In connection with the closing, the Golar Partners will receive a daily fee plus operating expenses…

Israel framework paves way for Leviathan

Dec 17, 2015

Noble Energy received the green light from the Israeli government on 17 December, to move forward with the development of Leviathan and the Tamar expansion, despite a last attempt from the Israeli Forum for the Protection of the Coastline that petitioned the High Court to not approve the plan…

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