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Market Update Jan, 2023

Headlines – Listed below:

1 Chesapeake Announces Sale of Initial Eagle Ford Package for $1.425B
United States – Shale Gas
2 Saipem Awarded 2 Contracts for Total Amount of $900M
Brazil – EPC
3 TA’ZIZ & Proman Sign Agreement to Develop 1st Methanol Facility
United Arab Emirates – Petrochemicals
4 Hudong Selected TMC to Deliver Compressed Air System
China – Compressors, Gas
5 GTT Obtains AIP from LR for Maintenance Solution for LNG Tanks
France – Maintenance and Repair News
Discover the Opportunities in West Africa
6 Vallourec Secures Significant Orders in the Gulf of Mexico
United States – Pipe Lining
7 Koil to Provide Subsea Equipment for Shenandoah Development
United States – Subsea Production
8 Eni & Sonatrach Sign Agreements to Strengthen Energy Security
Algeria – Natural Gas
9 RWE Chooses Reganosa to Operate, Maintain New LNG Terminal
Germany – LNG Terminal
10 KARMOL Secure $71M Loan From Japanese Banks for SENEGAL FSRU
Senegal – FSRU


Reference – Gulf Oil and Gas Newsletter

Gulf Contracts, Awards, Energy Update

Gulf Oil, Gas, and Energy news, Contract awards and more..

1 ADNOC Awards Offshore Block 5 to Pakistani Consortium for $304.7M
United Arab Emirates – Acquisitions and Divestitures
2 Noble Announces Divestment of Four Jackups in Saudi Arabia
Saudi Arabia – Rigs
3 Announcement for Bidding Blocks Offshore China of 2021
China – Exploration
4 Sound Energy Completed Acquisition of Schlumberger Silk Route
Morocco – Acquisitions and Divestitures
5 VAALCO Announces Etame Co-Venturers Approve FSO Agreements
Gabon – FPSO Vessels
6 Santos Awards FEED Contract for Dorado Platform to Sapura
Australia – FEED
7 Repsol Selected Lyondellbasell’s Spherizone Technology
Portugal – Process Technology Licensing
8 Transocean Secures $252M Contract for Ultra-Deepwater Drillship
United States – Rigs
9 Mitsubishi & TotalEnergies Initiate Feasibility Study of LCO2 Carrier
France – Engineering
10 Well-SENSE & Halliburton Enter Five-Year Exclusive Agreement
United States – Downhole Survey

News Update Oil and Gas Projects in Gulf

1JGC Awarded Pre-FEED Contract for First FLNG Facility in Nigeria Nigeria – FEED
2BHP Selects McDermott to Design Trion Floating Production Unit Mexico – FEED
3TechnipFMC Awarded Contract for Ithaca’s Captain EOR Project United Kingdom – EPC
4New Angola Contract for Seadrill Joint Venture Quenguela Drillship Angola – Rigs
5Seaboard Choses Topsoe’s Technology to Produce Renewable Diesel United States – Process Technology Licensing
6NIOC Awards $1.78B Farzad Field Development to Iran Developer Iran – Development
7TGS & Halliburton to Advance Seismic Reservoir Monitoring United States – Reservoir Engineering & Recovery Methods
8Magseis Awarded 4D OBN Monitor Survey Norway – Seismic Survey
9Sasol Concludes SPA to Sell 30% in ROMPCO Pipeline Mozambique – Acquisitions and Divestitures
10Flex Enters into Time Charter Agreement for Flex Constellation Bermuda – LNG Carriers

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Transformer oil testing in Saudi Arabia
AccreditedTestLabs.com – Transformer Oil Analysis (DGA etc)

Oil Testing in Saudi Arabia

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Petronas to spend $16 billion on Canadian facility

Malaysian national oil company Petronas says it expects to spend up to $16 billion to build a liquefied natural gas export facility in western Canada.

Arif Mahmood, Petronas vice president of corporate planning, says the company will invest between $9 billion and $11 billion to construct two LNG liquefaction plants.

Another $5 billion will be invested in a 750 kilometer-long pipeline, to be built by TransCanada Corp., to supply gas to the two plants, he said Tuesday in an email to The Associated Press.

The Pacific Northwest LNG project, located on Lelu Island in the Port Edward district, will liquefy and export natural gas produced by Progress Energy Canada. Both companies are owned by Petronas, which secured its first LNG buyer, Japan Petroleum Exploration Co.

Source: Khaleej Times