2019, January, 14, 11:10:00TRANS ADRIATIC PIPELINE: €3.9 BLN
EBRD - The Trans Adriatic Pipeline (TAP) is announcing financial close, with €3.9 billion secured from public and private lenders.
2019, January, 11, 11:30:00NORWAY'S PETROLEUM PRODUCTION WILL UP
NPD - The Norwegian Petroleum Directorate’s forecasts show that, after a minor decline in 2019, oil and gas production will increase from 2020 and up to 2023. Overall production will then approach the record year of 2004.
2019, January, 7, 09:20:00QATAR'S INVESTMENT UP 9%
GT - A robust expansion in foreign portfolio and other investments helped Qatar report about 9% year-on-year growth in total overseas investments into the country during the third quarter (Q3) of 2018, notwithstanding the ongoing diplomatic and trade embargo, according to the official estimates.
2019, January, 4, 11:45:00WORLD LNG INVESTMENT UP
REUTERS - A final investment decision (FID) could be taken on more than 60 million tonnes per annum of LNG capacity this year, well above the previous record of about 45 million tonnes in 2005 and triple last year’s 21 million tonnes, Wood Mackenzie’s research director for global gas and LNG, Giles Farrer, said.
2019, January, 4, 11:40:00OFFSHORE OILFIELD SERVICES - 2019: $210 BLN
MEOG - An expected $210bn will be spent on offshore oilfield services globally next year, according to Rystad Energy’s latest project sanctioning report. Offshore contractors have experienced four consecutive years of declining revenues, but those still standing can expect revenues to start growing again next year.
2018, December, 27, 17:35:00GAZPROM'S INVESTMENT RUB 1,325.724 BLN
GAZPROM - Pursuant to the investment program for 2019, the overall amount of investments will stand at RUB 1,325.724 billion, with RUB 963.019 billion intended for capital investments, RUB 151.505 billion for the acquisition of non-current assets, and RUB 211.2 billion for long-term financial investments.
2018, December, 24, 11:55:00U.S. OIL CAPEX DOWN
PLATTS - Three aggressive independent Permian Basin upstream operators released capital budgets for 2019 in the last few days that are lower than either prior expectations or actual 2018 spending by at least 12% to 15%, as corporate executives attributed reduced activity to the recent plunge in oil prices.
2018, December, 24, 11:25:00OMV, ADNOC CONCESSION: 5%
ADNOC - The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) have awarded Austria's OMV a 5 percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma, Nasr, Sarb and Mubarraz sour gas fields.
2018, December, 21, 14:30:00INVESTMENT FOR SAUDIS: DOUBLED
REUTERS - Foreign investment in Saudi Arabia more than doubled in 2018 to 13 billion riyals ($3.5 billion), its economy and planning minister said on Wednesday, despite a global furor following the murder of journalist Jamal Khashoggi in October.
2018, December, 21, 14:00:00NOVATEK, SACE STRATEGIC COOPERATION
NOVATEK - PAO NOVATEK ("NOVATEK" and/or the "Company") and SACE (CDP Group) signed a Memorandum on Strategic Cooperation (“Memorandum”) in relation to the Company's current and future LNG projects. The parties agreed to develop long-term cooperation on the Arctic LNG 2 project and potential new LNG projects involving Italian suppliers and engineering companies.
2018, December, 21, 13:55:00SAIPEM, RENAISSANCE IN RUSSIAN LNG
SAIPEM - Saipem, in Joint Venture with Renaissance, a Turkish oil&gas services company, has been awarded a new Onshore E&C project in the Russian Federation worth 2.2 billion Euro overall. As leader of the JV, with a shareholding of 50%, Saipem’s portion of the total amount is therefore approximately 1.1 billion Euro.
2018, December, 21, 13:45:00U.S. THERMONUCLEAR PARTICIPATION
WNN - The USA should continue its participation in the International Thermonuclear Experimental Reactor (ITER) project and develop a national research programme towards building a compact pilot plant, according to the National Academies of Sciences, Engineering, and Medicine (NASEM).
2018, December, 17, 10:40:00KING SALMAN ENERGY PARK: $6 BLN
MEOG - King Salman Energy Park (SPARK), a 50sqkm "energy city megaproject" in Saudi Arabia, is one of the Kingdom's most impressive endeavours into localisation so far. Once operational, it is expected to generate 100,000 direct and indirect jobs and should contribute $6bn to Saudi Arabia's GDP annually.
2018, December, 17, 10:35:00SAUDI ARAMCO, RAYTHEON COOPERATION
MEOG - Saudi Aramco and Raytheon Company, through its subsidiary Raytheon Saudi Arabia, signed a memorandum of understanding to establish a joint venture company that will develop and provide best-in-class cybersecurity services in Saudi Arabia and the region.
2018, December, 17, 10:10:00QATAR'S INVESTMENT FOR U.S.: $20 BLN
REUTERS - Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years, its chief executive told Reuters, after the Gulf Arab state unexpectedly quit OPEC this month.