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Singapore’s Sembcorp Industries has signed a S$1.9 billion (US$1.41 billion) gas sales agreement (GSA) with Indonesian independent Medco Energi to purchase volumes produced at West Natuna gas fields offshore Indonesia. Natural gas from three Natuna Sea production sharing contracts will be imported via pipeline to the city state of Singapore. …

The Australian government will soon approach the market to seek proposals for works related to decommissioning the Northern Endeavour floating production, storage and offloading vessel and remediation of the associated Laminaria-Corallina oilfields. The government has maintained the Northern Endeavour and associated subsea facilities since February 2020 after the vessel’s owner …

Cybersecurity is racing up the energy sector’s agenda in response to growing fears of attacks but companies are still not spending enough to safeguard critical systems, says a new survey by global consultancy DNV. In a sign of the rising prominence of cybersecurity in energy sector budgeting, 59% of 600 …

Chinese contractor China Petroleum Engineering and Construction (CPECC) has won a major contract from Adnoc Onshore, the onshore arm of state-owned Abu Dhabi National Oil Company (Adnoc), to upscale production of its mature fields. CPECC said the award covers engineering, procurement, construction and management of what is called Project Swing, …

SundaGas gets PSC extension ahead of drill decision

BP has called for patience over the prospects of developing deep natural gas reservoirs at Azerbaijan’s Azeri-Chirag-Guneshli (ACG) fields in the Caspian Sea, after the country’s President Ilham Aliyev said he expected production to start by the end of next year. Azerbaijan is aiming to increase its natural gas exports …

$500 million-plus contract on offer for flagship west coast project

PetroChina International has won a tender giving it long-term access to a major European gas terminal. The Chinese company said it will handle 2 billion cubic metres of liquefied natural gas trade for 20 years at Rotterdam’s Gas Access to Europe (GATE) terminal, with commercial operations expected to start in …

Leading domestic and international pipelay contractors are poised to battle for a $500 million-plus contract from Oil & Natural Gas Corporation (ONGC) for the eighth phase of its Pipeline Replacement Project (PRP-8) offshore western India. The Indian state-controlled giant recently floated the tender for the much-awaited project, touted as the …

OPINION: Some politicians would have you believe 2023’s COP28 in Dubai this November is shaping up to be a far cry from the 2021 meeting in Glasgow. But is it really that different? As the participation of the oil and gas industry has grown in each year’s COP, fossil fuel …