Over US$46.3 billion will be spent on Southeast Asia’s upstream capex by 2020
An average capital expenditure of US$17.8 billion per year will be spent on 336 oil and gas fields in Southeast Asia between 2018 and 2020, according to GlobalData.
An average capital expenditure of US$17.8 billion per year will be spent on 336 oil and gas fields in Southeast Asia between 2018 and 2020, according to GlobalData.
MHB achieved a revenue of RM188.3 million with a pre-tax loss of RM25.3 million for 1Q18.
Klas Bendrik will join DNV GL as Chief Digital Transformation Officer to support DNV GL’s digitalisation and IT strategy.
Greek gas company DEPA will take part in a market test for the development of a liquefied natural gas terminal in northern Greece.
Gunvor posted its lowest net profit last year since at least 2011 due to major investments to set-up a US trading presence and a prolonged planned turnaround at one of its refineries.
Exxon Mobil is pushing ahead with efforts to develop its US$15 billion Far East LNG project with Russia’s Rosneft despite being forced to exit some joint ventures due to Western sanctions.
Asian spot prices for LNG firmed over the past week.