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September 12, 2024
ADNOC has signed a long-term Heads of Agreement with IndianOil for 1 million metric tonnes per annum of liquefied natural gas (LNG) from its Ruwais LNG project in Abu Dhabi. Source
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Transocean Ltd. has secured a $232 million contract with bp for its Deepwater Atlas drillship in the U.S. Gulf of Mexico. Source
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Diamondback Energy announced that it has closed its merger with Endeavor Energy Resources, the company said on Sept. 10. Source
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bp has chosen ABS to support its deepwater Kaskida project in the Gulf of Mexico. ABS will provide classification and engineering verification for the project’s new semisubmersible production unit. Source
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At the Asia Pacific Petroleum Conference in Singapore this week, traders were generally bearish, with many predicting oil prices could drop to $60 per barrel, despite Brent crude falling below $70, according to Rystad Energy. Source
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Scotland’s Only Oil Refinery Set to Close in 2025 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 12, 2024, 11:31 AM CDT The Grangemouth refinery, Scotland’s only crude processing facility, is set to close in the second quarter of 2025, its owners confirmed on...
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Tecnimont (MAIRE Group) has entrusted Tenaris with the supply of more than 24,500 tons of seamless pipes for a major gas project located in North Africa, designed to bolster energy security in Europe. Source
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Florida LNG Export Project Delayed Five Years Due to Supply Chain Issues | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Related News By Tom Kool – Sep 12, 2024, 10:30 AM CDT The U.S. Federal Energy Regulatory Commission (FERC) has...
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UBS: Francine May Have Disrupted 1.5 Million Barrels of U.S. Crude | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Sep 12, 2024, 10:23 AM CDT Analysts at Wall Street bank UBS estimate that hurricane Francine may have disrupted...
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Uzbekistan Leverages Russia’s Need for Allies, Secures Discounted Gas | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Sep 12, 2024, 10:00 AM CDT Russian Prime Minister Mikhail Mishustin’s...
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