QatarEnergy celebrated the steel cutting of the first of its new generation of chartered Liquefied Natural Gas (LNG) vessels to be constructed in a Korean shipyard.
QatarEnergy’s LNG trading arm, QatarEnergy Trading, has entered into a long-term LNG Sale and Purchase Agreement (SPA) with Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) to supply about 1.8 million tons per annum (MTPA) of LNG to Bangladesh for 15 years, starting in 2026.
CNOOC Limited has announced the official commissioning of China s first offshore CCS demonstration project. The CCS project is an auxiliary part of the Enping 15-1 oilfields development, which is located in the Pearl River Mouth Basin.
Trillion Energy has announced test results for the Bayhanli-2 natural gas well at the SASB gas field, offshore Turkey. Eight intervals of gas pay with a true thickness of about 21 metres were perforated and tested and are now producing gas to the sales pipeline. The well is expected to be produced with initial flow rates at between 8 and 9MMcf/d.
CNOOC Limited has announced that the Buzios5 Project has commenced production. The Buzios oil field is located in the Santos Basin, offshore Brazil. It is the largest deep-water pre-salt oil field in the world, with a daily production of about 600,000 barrels at present. Buzios5 is the fifth phase of oil field development.