Keppel Capital, a unit of Keppel Corporation, has launched the Keppel Asia Infrastructure Fund, a new closed-end infrastructure private equity fund with a target size of $1 billion, and has achieved its first closing.
OPEC has recommended extending oil production cuts until the end of 2020 due to the negative impact of the coronavirus outbreak on global oil demand.
Arcticgas, a joint venture between Russia’s largest independent natural gas producer and LNG project operator Novatek and Gazprom Neft, has expanded the gas condensate treatment facility’s capacity at the Samburgskiy license area.
The outbreak of the novel coronavirus has dented market sentiment.
The UK government has launched a consultation on its proposed Freeport policy following Brexit.
Knutsen NYK Offshore Tankers (KNOT) has been awarded a contract to build two LNG-fueled shuttle tankers for Italy’s oil and gas company Eni.
Russian regulatory body, Glavgosexpertiza, has completed the review of the design and estimate documentation of the Kamchatka LNG transshipment facility proposed by Novatek.
The world’s largest liquefied natural gas producer Qatargas has signed a new, long-term LNG sale and purchase agreement (SPA) with Shell to deliver 1 million tons per annum of LNG to Kuwait, commencing this year.
Oil and gas company Tower Resources has completed its survey at the Njom-3 well site on the Thali block offshore Cameroon.
Australia’s Cooper Energy has signed a new gas supply agreement with O-I for the supply of 1 PJ per annum for two years starting January 1, 2021.
Duyung PSC partners have agreed to a six-month extension for receipt of the necessary Indonesian approvals for the transfer of 15 percent Duyung PSC interest to Coro Energy.
Searcher Seismic has completed its Offshore Peru OpenSeis 2D & 3D Seismic Dataset as part of its Offshore Peru Multi-Client Campaign.
Shell halts Prelude FLNG production The Hague-based LNG giant Shell has reportedly halted production at its Prelude floating liquefied natural gas facility located 475 km North-East of Broome in Western Australia. Petronet LNG, Tellurian to finalize $2.5 bln deal soon India’s Petronet LNG, the count
Offshore Energy Today’s most popular news of the past week.
