Noble Energy, Inc. (Noble Energy) provided an update on the startup of the Leviathan natural gas field, offshore Israel. First gas sales from Leviathan commenced on December 31, 2019.
The University of Southampton launched a study presenting a number of sites in Europe which contain gas hydrate, including areas off the west coast of Greenland, around Svalbard, off central Norway and west of Ireland.
Kongsberg Digital signed an agreement to digitalize the Nyhamna facility, a gas processing and export hub for Ormen Lange and other fields connected to the Polarled pipeline. A/S Norske Shell will enter the partnership as operator of Ormen Lange and on behalf of Gassco as the operator of Nyhamna.
A joint project from BIMCO and the Association of Ship Brokers & Agents to develop a standard gas tanker voyage charter party took a big step forward at a subcommittee meeting on 5-6 September. The target of the project is to develop a standard form for the chartering of tankers for LPG, anhydrous ammonia and chemical gases based on the tanker charter party, ASBATANKVOY.
Equinor and partners announced that the production on the Snefrid Nord gas field commenced on September 1, following the first discovery tied back to the Norwegian Sea Aasta Hansteen field. The production sets a new depth record on the Norwegian continental shelf (NCS).
Natural gas deliveries to US facilities producing LNG for export achieved a monthly record in July 2019, averaging 6.0 billion cubic feet per day (Bcf/d). This is 7% of the total US dry natural gas production, according to data from OPIS PointLogic Energy.
As EIA informs, the Suez Canal and the SUMED Pipeline are strategic routes for Persian Gulf crude oil, petroleum products, and LNG shipments to Europe and North America. Located in Egypt, the Suez Canal connects the Red Sea with the Mediterranean Sea, and is considered as a key chokepoint due to the large volumes of energy commodities that flow through it.
Worldwide discoveries of conventional oil and gas continue to present promising growth, as new finds total to an overall 6.7 billion barrels of oil equivalent (boe) in the first half of 2019, according to the mid-year assessment of upstream data by Rystad Energy.
According to research by natural resources consultancy Wood Mackenzie, Malaysia provides some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily because of the need for additional gas supply.
The American Petroleum Institute released its latest Monthly Statistical Report and API Industry Outlook outlining the increased growth and resiliency of the US natural gas and oil industry. Namely, US crude oil production reached a new all-time high of 12.2 million barrels per day in May 2019.
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