Volume 118, Issue 5b

May 18, 2020 | Neptune Energy has completed an ocean bottom nodes multiclient survey in North West El Amal block offshore Egypt. The project was carried out by WesternGeco, the seismic and geophysical data solutions division of Schlumberger, under a contract with Egyptian General Petroleum Corp. Sanco Sword was involved in the survey. North West El Amal concession covers 365 sq km in the central Gulf of Suez. Neptune was awarded the exploration licence February 2019, including acquisition of 100 sq km of 3D seismic. Photo from WesternGeco.

Digital Edition

OGJ Newsletter

May 18, 2020

GENERAL INTEREST Quick Takes Shell sells Appalachia assets for $541 million Royal Dutch Shell PLC, through its affiliate SWEPI LP, has agreed to sell its Appalachia shale gas ...

General Interest

The impact of COVID-19 on gas demand and LNG exports in the US

May 18, 2020

The novel coronavirus (COVID-19), which originated in Wuhan, China, at the end of 2019, has become a global pandemic spreading across all regions and to more than 200 countries...

General Interest

EIA lowers 2020 oil demand forecast amid high uncertainties

May 18, 2020

Global petroleum and liquid fuels demand is expected to average 92.6 million b/d in 2020, a decrease of 8.1 million b/d from last year, before increasing by 7.0 million b/d in...

General Interest

Rewrite of rules in Colorado keeps regulators busy, industry engaged and worried

May 18, 2020

A comprehensive revamp of regulations governing oil and gas development in Colorado has state regulators working toward deadlines that industry representatives worry may be requiring...

General Interest

IHS Markit: Three phases of oil market recovery

May 18, 2020

Nearly all pre-COVID demand could return by the second half of 2021, but the road to oil price recovery will likely be choppy, according to IHS Markit Energy Advisory Service....

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General Interest

Tupras temporarily suspends operations of Izmir refinery

May 18, 2020

Tupras-Turkiye Petrol Rafinerileri AS (Tupras) has temporarily halted operations at its 11.9 million-tonnes/year Aliaga refinery in Turkey’s western province of Izmir as a result...

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Global LNG demand resilient in face of COVID-19

May 18, 2020

LNG demand is expected to register a slight annual increase with 2020 volumes projected to be up 4.4 million tonnes year-on-year despite a downgraded estimate for total LNG demand...

General Interest

Shell, PetroChina make FID for Surat gas project

May 18, 2020

Arrow Energy Pty Ltd., Brisbane, a 50-50 joint venture of Royal Dutch Shell PLC and PetroChina, has sanctioned commencement of Phase One of its $10 billion (Aus.) Surat gas project...