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Drilling & production

CNPC wins Afghan exploration rights

State-owned China National Petroleum Corp (CNPC) has won the rights to explore and produce oil in the Kashkari, Bazarkhami and Zamarudsay blocks of the Amu Darya basin in northwest Afghanistan.

 
 

Atlas Copco to supply equipment to Turkish geothermal plant

Atlas Copco’s Gas and Process division has won an order to deliver equipment to a turnkey geothermal power plant in Turkey’s Aydin province. The order includes two turbo expander generator trains, which will be able to deliver a total 45 MW of clean energy when the plant goes into operation in the fourth quarter of 2012.

 

Syrian sanctions tightened

The EU has tightened oil sanctions on Syria after the government started a fresh wave of crack-downs on dissent in the country.

 
 

GE acquires Converteam for US$ 3.2 billion

GE has acquired for Converteam, the two companies compliment each other should enhance GE’s existing capabilities as well as helping them break into fast growing regions such as Brazil and Russia where Converteam have already made significant in-roads.

 

Prelude to a floating future

Andrew Buckland and Giles Farrer, Wood Mackenzie, UK, detail the possibilities afforded by the development of the FLNG concept.

 

Pacific Basin outlook

Lucy Miller, Douglas Westwood Ltd, UK, describes the changing focus of the LNG market towards the Asia Pacific region.

 

Shell lining up huge Ukrainian shale deal

Royal Dutch Shell is looking to sign a huge deal with Ukraine’s Naftogaz worth US$ 800 million to exploit Ukraine’s shale resources.

 

Tokyo Gas to supply Saibu with LNG

Tokyo Gas has signed a Heads of Agreement to supply Saibu Gas Co Ltd with 300,000 tpy of LNG for 16 years, commencing in March 2014.

 

Wheatstone LNG receives environmental approval

Chevron has received environmental approval from the Government of Western Australia, clearing the way for work to start on its huge Wheatstone LNG gas export project once it receives federal approval.

 

Rosneft and ExxonMobil to join forces

Rosneft and ExxonMobil have executed a co-operation agreement which includes a US$ 3.2 billion exploration programme in the Russian Arctic as well as technology sharing and includes an equity swap with ExxonMobil’s US assets.

 
 

Petrofac awarded contracts by GDF SUEZ E&P UK

Petrofac’s Offshore Engineering & Operations (OE&O) business has been awarded two North Sea contracts by GDF SUEZ E&P UK. Valued at £30 million over three years with an additional two year option, the contracts were awarded following a competitive tender process.