
Wood Mackenzie comments on PNG Exxon negotiations collapse
Wood Mackenzie has released a statement discussing the recent decision by the government of Papua New Guinea to call off talks with ExxonMobil regarding the P’nyang gas field.
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Wood Mackenzie has released a statement discussing the recent decision by the government of Papua New Guinea to call off talks with ExxonMobil regarding the P’nyang gas field.

According to Reuters, the government of Papua New Guinea has ended talks with Exxon Mobil Corp. regarding a key gas project, putting plans to double gas exports from PNG in doubt.

Gazprom have signed a five-year memorandum of understanding for strategic cooperation with Petrobangla.

Equatorial Guinea is positioning itself as a hub for gas in the Gulf of Guinea, and hopes to deliver the first successful African cross-border gas venture.

GasNorth Energy Ltd. has been granted permission to proceed with installation of a natural gas liquefaction facility near Fort Nelson, BC.

Halliburton Co. has announced that it has been awarded seven contracts for drilling and completion services for the next phase of field development of the INPEX-operated Ichthys Project.

Chevron Corp. is weighing the potential sale of its stake in the Indonesian Deepwater Development (IDD) gas project.

Annova LNG has announced that it has signed a precedent agreement with Valley Crossing Pipeline, LLC, providing transportation for Annova LNG’s total natural gas requirements at its 6.5 million tpy LNG facility in Brownsville, Texas.

PAO NOVATEK has announced that independent petroleum engineers, DeGolyer & MacNaughton, have completed a comprehensive reserve appraisal of the company’s hydrocarbon reserves as of 31 December 2019.

Two LNG trading managers have left the London branch of Gazprom’s trading arm: Gazprom Marketing & Trading.

Novatek has reported its preliminary operating data for the whole of 2019.

According to Reuters, construction of the CAN$6.6 billion Coastal GasLink pipeline has resumed.