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AOG Daily: 2018 / November

Monday, 19 November 2018 15:36

BIMCO Eyes Asia with New Gas Contracts

Baltic and International Maritime Council (BIMCO) will begin work on two gas-related contracts in early 2019, an LNG (Liquid Natural Gas) Bunker Purchase Contract and…
Monday, 19 November 2018 07:45

Petrobras Units Could be Sold Under New CEO

Brazil's right-wing President-elect Jair Bolsonaro said on Monday that certain units of Petroleo Brasileiro could be privatized, even though the state-run company is strategic for…
Monday, 19 November 2018 07:33

Portugal, Morocco Seek Power Link

Portugal and Morocco will invite bids to build an undersea electricity cable linking the two countries after technical and financial feasibility studies are completed in…
Monday, 19 November 2018 07:32

Lomax Joins TEMS International

Aberdeen-headquartered oil and gas service company TEMS International has appointed Nicola Lomax to the newly created role of QHSE manager as it continues to expand…
North Sea Forties crude differentials fell to a three-year low on Monday, pressured by ample prompt supplies and limited demand. © davispics / Adobe Stock…
Turkey warned energy companies on Sunday against working with the Greek Cypriot government in carrying out exploratory drilling in the eastern Mediterranean, saying such activities…
Monday, 19 November 2018 04:19

Petronas Raises Crude Price Factor

Malaysian state oil firm Petronas has set the price factor for Malaysian Crude Oil (MCO) for November at $5.00 per barrel, up $0.65 from the…
Monday, 19 November 2018 04:16

Bangladesh Resolves FSRU Issues

Bangladesh will resume liquefied natural gas (LNG) imports this week after resolving issues with its sole floating storage and regasification (FSRU) unit, a senior official…
CEFC paid almost 225 million euros ($257 million) in compensation to a consortium of Qatar Investment Authority and Glencore after the Chinese firm's deal to…
Oil fell on Monday, surrendering earlier gains as investors weighed up the effectiveness of a potential cut in supply from OPEC and possibly other exporters…
Russian Energy Minister Alexander Novak said on Monday that the country was planning to sign a partnership agreement with the Organization of the Petroleum Exporting…
Nigerian opposition candidate Atiku Abubakar will seek to boost investment in the country's oil sector if he becomes president next year, according to a draft…
Monday, 19 November 2018 03:55

Delek Drilling to Spin Off Tamar Stake

Israel's Delek Drilling is looking to spin off its remaining 22 percent stake in the offshore Tamar gas field in 2019, the company's chief executive…
Protesters in France blocked access to three fuel depots on Monday, a spokesman for Total said.Two of the depots, one in Vern, near the northwest…
QEP Resources Inc said on Monday it will sell its oil and gas assets in the Haynesville-Cotton Valley in northwest Louisiana to Aethon Energy Management…
Monday, 19 November 2018 03:41

Castello Branco Named Petrobras CEO

Brazil's incoming far-right government on Monday tapped a University of Chicago-trained economist with experience in the oil sector to be the chief executive of state-controlled…
Monday, 19 November 2018 03:28

Offshore Part of TurkStream Complete

The construction of the offshore part of the TurkStream pipeline that will pump Russian gas to Turkey had been completed, a senior official at Russian…
Monday, 19 November 2018 03:20

Cimarex to Buy Resolute Energy in $1.6 Bln Deal Featured

Oil and gas producer Cimarex Energy Co said on Monday it would buy smaller rival Resolute Energy Corp in a deal valued at $1.6 billion,…
Sunday, 18 November 2018 17:14

Ineos to Buy ConocoPhillips North Sea Assets Featured

Britain's richest man Jim Ratcliffe's oil and gas company Ineos Group Holdings is in exclusive talks with ConocoPhillips to buy North Sea oil and gas…
The classification society American Bureau of Shipping (ABS) has issued an Approval in Principle (AIP) to Dutch-based SBM Offshore for its proprietary wind floater design.…
Maritime transport emitted 938 million tonnes of CO2 in 2012. This represented 2.6% of total global carbon emissions, said International Transport Forum (ITF) Image: International…
Friday, 16 November 2018 14:52

IMO Assists Cuba in Spill Preparedness

Cuba is the fourth Caribbean country to receive International Maritime Organization (IMO) assistance on spill preparedness in recent weeks, following similar events in Mexico, Suriname…
The International Maritime Organization (IMO)-led GloMEEP project has delivered a training course in China last week to help maritime administrations and classification societies play their…
Friday, 16 November 2018 11:11

BP to Supply Crude to St. Croix Refinery

BP Plc's trading arm on Friday entered a tolling agreement with the owners of an idled oil refinery in St. Croix, U.S. Virgin Islands, cementing…
Friday, 16 November 2018 11:04

BMT Inks Service Deal with Al Masaood

BMT said it has signed a service agreement with UAE oil and gas supplier and contractor Al Masaood Oil & Gas. Bakri Tarmanini, Business Development…
Friday, 16 November 2018 07:14

Leadership Changes at Anadarko

Anadarko Petroleum Corporation announced Thursday that Bob Gwin, formerly Executive Vice President (EVP), Finance and CFO, has been named President. In his new role, Gwin…
Friday, 16 November 2018 06:22

Oil Gains on Talk of Supply Cut

Oil rose nearly 1 percent on Friday on expectations that the Organization of the Petroleum Exporting Countries and its allies would agree to cut output…
Friday, 16 November 2018 04:33

Largest Chinese-built FSRU Delivered

PaxOcean’s Zhoushan Shipyard has delivered a 26,000m3 floating storage and regasification unit (FSRU) Karunia Dewata to Indonesia-based Jaya Samudra Karunia (JSK). The FSRU is the…
Tajikistan started the first turbine of its Rogun hydroelectric power plant on Friday, part of a dam project that aims to secure the Central Asian…
Friday, 16 November 2018 03:43

Papua New Guinea Paves Way for LNG Expansion

A long-awaited project led by France's Total SA that will help double liquefied natural gas (LNG) exports from Papua New Guinea has come another step…