Middle East
Service Contracts , Service & Supply , Midstream , Technology
Baker Hughes Awarded Saudi Pipeline Technology Contract
Baker Hughes will supply centrifugal compressors for Saudi Arabia’s new pipeline system, which aims to increase gas distribution across the kingdom and reduce carbon emissions
Field Development , Artificial Lift , Subsea , Seismic
E&P Highlights: April 22, 2024
Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
Joint Ventures , Liquefied Natural Gas (LNG)
TotalEnergies Cements Oman Partnership with Marsa LNG Project
Marsa LNG is expected to start production by first quarter 2028 with TotalEnergies holding 80% interest in the project and Oman National Oil Co. holding 20%.
Crude Oil , International , Policy & Regulations
What's Affecting Oil Prices This Week? (April 22, 2024)
Stratas Advisors predict that despite geopolitical tensions, the oil supply will not be disrupted, even with the U.S. House of Representatives inserting sanctions on Iran’s oil exports.
Service & Supply , Liquefied Natural Gas (LNG) , Service Contracts
Technip Energies Wins Marsa LNG Contract
Technip Energies contract, which will will cover the EPC of a natural gas liquefaction train for TotalEnergies, is valued between $532 million and $1.1 billion.
Policy & Regulations , Liquefied Natural Gas (LNG) , Natural Gas , Hart Energy Exclusive , CERAWeek
Exclusive: The Politics, Realities and Benefits of Natural Gas
Replacing just 5% of coal-fired power plants with U.S. LNG — even at average methane and greenhouse-gas emissions intensity — could reduce energy sector emissions by 30% globally, says Chris Treanor, PAGE Coalition executive director.
Legislation , International , Crude Oil , Natural Gas
Renewed US Sanctions to Complicate Venezuelan Oil Sales, Not Stop Them
Venezuela’s oil exports to world markets will not stop, despite reimposed sanctions by Washington, and will likely continue to flow with the help of Iran—as well as China and Russia.
Crude Oil
Paisie: Crude Prices Rising Faster Than Expected
Supply cuts by OPEC+, tensions in Ukraine and Gaza drive the increases.
Exploration & Production , Policy & Regulations
Iraq to Seek Bids for Oil, Gas Contracts April 27
Iraq will auction 30 new oil and gas projects in two licensing rounds distributed across the country.
Shale Plays , Natural Gas , Crude Oil
EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers
Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.