Qatar's state-owned energy firm QatarEnergy has signed a definitive partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field East (NFE) expansion project, dubbed the largest project in the history of the LNG industry.The agreement was signed by Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and Dr. MA Yong-sheng…
State-owned Chinese firm Sinopec signed a new 27-year LNG supply and purchase agreement with QatarEnergy, the two companies said on Saturday.Under the agreement, the two companies will cooperate on the second phase of the Gulf Arab state's North Field expansion project…
Repsol Sinopec Resources UK Limited, an oil and gas exploration and production company operating in the North Sea, said this week that the company would be renamed Repsol Resources UK.'On 28th April 2023 it was announced that a settlement and…
Oilfield services company Petrofac has won a three-year contract extension worth more than US$100 million, in support of Repsol Sinopec Resources UK’s North Sea operations.Under the contract, Petrofac will continue providing operations and maintenance services for Repsol Sinopec in the UK North Sea…
Brazilian state-run oil company Petrobras PETR4.SA said on Wednesday it signed a memorandum of understanding (MOU) with Chinese state-owned oil firm CNOOC to extend its collaboration in the energy sector.In a securities filing, Petrobras said it has also signed a MOU with Asia's top refiner…
Asia's top refiner, Sinopec Corp 0386.HK, is not interested in acquiring Shell's refinery or petrochemical plant in Singapore although it is keen on participating in a shale gas project in Saudi Arabia, the Chinese company's president said on Monday…
Repsol Sinopec Resources UK has awarded a $165 million decommissioning contract to Archer to execute the plug and abandonment (P&A) of 30 wells in the Fulmar Field and two wells in the Halley Field in the UK North Sea.The contract is a fully integrated P&A project…
French seismic data firm CGG said Tuesday that its subsidiary Sercel had made a major sale of its GPR300 seabed nodal solution to Sinopec, the Chinese oil and gas exploration, refining, and distribution company. Over 6,000 nodes will be deployed…
French oil major TotalEnergies has approved the final investment decision for the Lapa South-West oil development located in the Santos Basin, 300 kilometers offshore Brazil.The company operates the project with a 45% interest. Its partners are Shell (30%) and Repsol Sinopec (25%)…
Malaysia's FPSO leasing company Yinson has secured a one-month contract extension for its Adoon FPSO in Nigeria.The contract was signed with client Addax, a Sinopec subsidiary, on December 16, 2022 and will run until January 2023.The value of the contract extension is estimated to be $3…
QatarEnergy has signed a 27-year deal to supply China's Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals. Following Russia's invasion of Ukraine in February…
UK-based well decommissioning services company Well-Safe Solutions has appointed Ruth Thomas as Subsurface Team Lead.Thomas has over two decades of experience in providing subsurface support to assets in the UK sector of the North Sea for energy majors including Repsol Sinopec Resources UK…
Shell said on Friday it signed an agreement with Chinese state refiner Sinopec and steel group Baowu as well as German chemical giant BASF to study a carbon capture, utilisation and storage project (CCUS) in East China. Parties intend to conduct…
Norway-based offshore accommodation firm Prosafe has secured a contract extension in the North Sea for its Safe Boreas semi-submersible accommodation rig.'The client chartering the Safe Boreas to provide gangway-connected operations to support…
Repsol Sinopec Resources UK has appointed Nicolas Foucart as its new CEO, effective Thursday, September 1, 2022.Foucart replaces Jose Luis Muñoz, who held the post from April 2020. Muñoz is relocating to Spain upon being appointed Director of Mergers and Acquisitions (M&A) for Repsol in Madrid…
