QatarEnergy has selected a joint venture between Japan’s Mitsui O.S.K Lines Ltd. (MOL) and China’s COSCO Shipping LNG Investment (CSLNG) to own and operate six QC-Max size LNG vessels, Trend reports. The vessels will be constructed by Hudong-Zhonghua Shipbuilding Group, a subsidiary of China State Shipbuilding Corporation (CSSC), in China. …
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Kazakhstan continues to discuss the possibility of oil shipments via the Baku-Supsa pipeline, Almassadam Satkaliyev, Minister of Energy and Mineral Resources of Kazakhstan, said in a report during the government hour in the parliament, Trend reports. “Discussions are underway regarding the Baku-Supsa pipeline. The pipeline has a capacity of 5 …
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The volume of oil transportation through the system of main oil pipelines amounted to 57.8 million tons of oil from January through October 2024. Data obtained by Trend from the Ministry of Energy of the Republic of Kazakhstan reveals that, as of the end of October, more than 26 percent …
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Azerbaijan’s gas production is poised to outpace its oil output, driven by a series of significant projects in the pipeline, Rystad Energy, an independent research and business intelligence firm, told Trend. The country’s upstream gas sector is on track for substantial growth, aiming to increase gas output by 51% to …
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Eni has officially commenced gas production from the Argo Cassiopea field in Italy, Trend reports. The gas, extracted from one of four subsea wells recently drilled in the Strait of Sicily, is being transported via a 60-kilometer subsea pipeline to the Gela processing plant. Once processed, the gas will be …
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Turkmenistan is ready to start work on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project in Afghanistan’s territory, Trend reports. Turkmen Foreign Minister Rashid Meredov announced this during an online meeting with Afghan Deputy Prime Minister Abdul Ghani Baradar. The sides also discussed economic, transit, trade, and political cooperation between their countries. …
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Turkmenistan and Pakistan have reached an agreement on holding negotiations on the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project in the near future, Trend reports. This was stated by the Deputy Chairman of the Cabinet of Ministers, Minister of Foreign Affairs of Turkmenistan, Rashid Meredov, at a regular meeting …
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Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has announced an agreement with Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek, to acquire 100 percent of the shares in Pavilion Energy Pte. Ltd, Trend reports. This acquisition includes Pavilion Energy’s global LNG trading business, with a …
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It is possible to resume production from the wells through the production of artificial lift pumps in Iran throughout the country and installing them on old wells, the production of which has been reduced, Iran’s Persia Oil and Gas Development Company Jaafar Hejazi said, Trend reports. According to him, these …
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Turkmenistan and the EU discussed the diversification of gas supply routes, Trend reports. According to the Ministry of Foreign Affairs of Turkmenistan, this topic was discussed in Brussels during the participation of the Turkmen delegation headed by Myrat Archayev, Deputy Chairman of the Turkmengaz State Concern, in a meeting of …
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