PTTEP, Thailand’s national oil exploration and production company, awarded Vallourec on a contract to deliver over 3,000 tons of oil country tubular goods for its Myanmar M9 West exploration well on March 18.
Lukoil has reached another milestone with ten million tonnes of oil supplied from its Vladimir Filanovsky Field to the Caspian Pipeline Consortium (CPC) system, the company said on March 14.
The only vessel to head to China from the United States this year was the Adam LNG, which left Cheniere Energy Inc's Sabine Pass export terminal in Louisiana on Jan. 30, according to the shipping data.
Trafigura has applied with U.S. regulators for permits to build an offshore crude export terminal off Corpus Christi, Texas, to transport 500,000 bbl/d of U.S. shale to buyers in Europe and Asia.
More than 30 onshore gas blocks have been identified and Pakistan's government plans to auction a large chunk of them in one or two licensing rounds by the end of 2019.
Industry experts at Rystad Energy expect global deepwater oil production to surpass 10 million barrels per day (MMbbl/d) in 2019, an increase of 700,000 bbl/d compared to last year, as new offshore fields come online in places such as Angola, Norway and Nigeria.
The U.S. will drive global oil supply growth over the next five years, adding another 4 million bbl/d to the country's already booming output, the IEA said March 11.
This is the fourth month in a row that China's crude imports held above the 10 MMbbl/d mark. Last month's crude arrivals also rose from January's 10.03 MMbbl/d.
SAExploration Holdings Inc., or SAE, revealed on March 7 a combined $60 million of new projects in Alaska and Southeast Asia.
Economics make Europe a better market for U.S. exporters than Asia, but how much LNG can the continent absorb?
