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Maritime Propulsion newsletter
PGNiG Open to Mergers with State-run Firms
Alaska's North Slope Holds 3.6 Bn Barrels Oil
Annova LNG Sign Deal with Enbridge
Asian Oil & Gas Newsletter • July 14, 2020
aog

Offshore Wind: The Domino Effect

PGNiG Open to Mergers with State-run Firms

Polish gas company PGNiG is open to consolidation with other energy companies…

Alaska's North Slope Holds 3.6 Bn Barrels Oil

U.S. Geological Survey (USGS) department estimated that Alaska's Central…

Annova LNG Sign Deal with Enbridge

Houston liquefied natural gas company Annova LNG has signed a 20-year supply…

Ørsted, US Unis to Study Whales in OWP

Danish developer Orsted U.S. Offshore Wind has signed a research partnership…

Poland Eyes 10GW Offshore Wind Capacity by 2027

Poland's ministry of state assets has published a draft of legislation to…

German Offshore Wind Capacity Reaches 7.5GW

A total of 1,469 offshore wind turbines with a capacity of 7,516MW feed electricity…

Stork Worley JV Wins Neptune Energy Gig

Stork Worley Integrated Solutions, a joint venture of American multinational…

Angola May Seek International Arrest Warrant for Isabel dos Santos

Angola could issue an international arrest warrant for billionaire Isabel…

Norway PM to Name Tina Bru as New Oil Minister -DN

Norwegian Prime Minister Erna Solberg will appoint Conservative lawmaker…

NJ Governor Signs Offshore Wind Bill

New Jersey Governor Phil Murphy signed into legislation Bill, expanding the…




Click here for a FREE trial subscription to “Floating Production Systems Report And Online Database”
June 2020 Monthly Floating Production Systems Report

June 2020 Monthly Floating Production Systems Report The global oil market is gradually recovering. Oil prices have rebounded to the low $40s as supply cuts of OPEC+ and gradual return of economic activity rebalance oil supply and demand. But the effects of the Covid-19 crisis and oil supply glut continue to seriously dampen investment appetite in the oil and gas sector. New deepwater project starts have been on hold and we expect this situation to continue into the third quarter of this year. Looking further out, we expect oil prices to continue to increase over the next six months and see a gradual pickup in deepwater activity beginning late 2020/early 2021. Deepwater project starts in Brazil, Guyana, Australia and (maybe) Nigeria will be in the vanguard of production floater orders as the rebound begins. All is discussed in the June WER report.

For more information about the WER reports and online database please visit our website worldenergyreports.com or contact Paul Morris, phone: +1 212-477-6944

Maritime Propulsion newsletter
PGNiG Open to Mergers with State-run Firms
Alaska's North Slope Holds 3.6 Bn Barrels Oil
Annova LNG Sign Deal with Enbridge
Asian Oil & Gas Newsletter • July 14, 2020
aog

Offshore Wind: The Domino Effect

PGNiG Open to Mergers with State-run Firms

Polish gas company PGNiG is open to consolidation with other energy companies…

Alaska's North Slope Holds 3.6 Bn Barrels Oil

U.S. Geological Survey (USGS) department estimated that Alaska's Central…

Annova LNG Sign Deal with Enbridge

Houston liquefied natural gas company Annova LNG has signed a 20-year supply…

Ørsted, US Unis to Study Whales in OWP

Danish developer Orsted U.S. Offshore Wind has signed a research partnership…

Poland Eyes 10GW Offshore Wind Capacity by 2027

Poland's ministry of state assets has published a draft of legislation to…

German Offshore Wind Capacity Reaches 7.5GW

A total of 1,469 offshore wind turbines with a capacity of 7,516MW feed electricity…

Stork Worley JV Wins Neptune Energy Gig

Stork Worley Integrated Solutions, a joint venture of American multinational…

Angola May Seek International Arrest Warrant for Isabel dos Santos

Angola could issue an international arrest warrant for billionaire Isabel…

Norway PM to Name Tina Bru as New Oil Minister -DN

Norwegian Prime Minister Erna Solberg will appoint Conservative lawmaker…

NJ Governor Signs Offshore Wind Bill

New Jersey Governor Phil Murphy signed into legislation Bill, expanding the…




Click here for a FREE trial subscription to “Floating Production Systems Report And Online Database”
June 2020 Monthly Floating Production Systems Report

June 2020 Monthly Floating Production Systems Report The global oil market is gradually recovering. Oil prices have rebounded to the low $40s as supply cuts of OPEC+ and gradual return of economic activity rebalance oil supply and demand. But the effects of the Covid-19 crisis and oil supply glut continue to seriously dampen investment appetite in the oil and gas sector. New deepwater project starts have been on hold and we expect this situation to continue into the third quarter of this year. Looking further out, we expect oil prices to continue to increase over the next six months and see a gradual pickup in deepwater activity beginning late 2020/early 2021. Deepwater project starts in Brazil, Guyana, Australia and (maybe) Nigeria will be in the vanguard of production floater orders as the rebound begins. All is discussed in the June WER report.

For more information about the WER reports and online database please visit our website worldenergyreports.com or contact Paul Morris, phone: +1 212-477-6944