Thai oil and gas firm PTTEP has completed the previously agreed $2.1 billion acquisition of Murphy Oil’s Malaysian offshore oil fields.
The company will build a gas and crude-processing plant in Saudi Arabia.
Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, reported a 7 percent jump in its half-year profit.
The port authority saw an 8.8% increase in annual TEU container volume.
The award represents the single largest EPCI offshore contract awarded by Aramco
Chinese oil giant CNOOC and Sinopec have signed a cooperation agreement under which they’ll jointly conduct studies related to joint exploration and facility sharing offshore China.
The United States Federal Energy Regulatory Commission has granted Delfin LNG extension to its project construction permit.
The magenta-colored vessel will be deployed on the Asia to Europe 3 (FE3) service.
Italian oilfield services giant Saipem has won a large part of Saudi Aramco’s $18 billion awarded as part of further development of Marjan and Berri offshore fields in Saudi Arabia.
South Korean shipbuilding giant Samsung Heavy Industries started construction of an LNG system test facility as it looks to boost its market competitiveness.
Dutch heavy lifting and transportation company Mammoet and its UK rival ALE have revealed they’ve been in talks over a purchase agreement.
The London Stock Exchange-listed InfraStrata, a company focused on the development of natural gas storage capacity, has entered into an exclusivity agreement with Meridian Holdings for an FSRU project in the United Kingdom.
Brazilian oil giant Petrobras has started the opportunity disclosure stage related to the sale of its entire working interest in Peroá and Cangoá production fields and the BM-ES-21 concession offshore Brazil.
Turkey’s second drillship has in the past few days entered the contested waters offshore Cyprus and is, according to reports, preparing to start drilling. The government of Cyprus has condemned the move, accusing Turkey of violating Cyprus’ sovereign rights.
