Drilling & production - 20 July 2012

Petrofac has announced that it has been awarded a construction services contract for Apache in the North Sea.

Reports have emerged that show how Iran is trying to avoid sanctions on its oil by allowing private third-party companies to sell on its behalf.

China National Petroleum Corp. (CNPC) is in discussion with the government of Ecuador regarding possible involvement in a refinery development.

A tanker owned by FAL Oil, a company under scrutiny by Washington for its ties to Iran, has been seized by authorities in Singapore due to unpaid debts.

The Brazilian National Oil Agency (ANP) said that it had no objections to Chevron submitting its proposal to resume drilling at the Frade oilfield, which was the site of an oil spill in November 2011.

GE has signed a 22 year maintenance contract to maintain Gorgon LNG’s compressor trains and power generation units.