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Andreas Exarheas

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Commodities
Andreas Exarheas

Tellurian and Shell Finalize 10-Year LNG Deal

Tellurian Inc. (NASDAQ: TELL) has announced that it has finalized liquefied natural gas (LNG) sale and purchase agreements (SPAs) with Shell NA LNG. The company outlined that the SPAs are on a free on board basis at Driftwood LNG for a combination of three million

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Commodities
Andreas Exarheas

New Oil Field Comes Online Offshore Malaysia

Petronas has announced that the East Cendor field in Block PM304, offshore Malaysia, has achieved first oil production. East Cendor represents the fourth start up in a series of developments at Block PM304, including the Cendor, West Desaru, and Irama assets. The project comprises the

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Commodities
Andreas Exarheas

USA Rig Count Drops

The total number of rotary drilling rigs operating in the United States dropped to 488 last week, according to Baker Hughes Co.’s (NYSE: BKR) latest rotary rig count, which was released on July 30. The figure marks a drop of three offshore rigs compared to

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Commodities
Andreas Exarheas

Key Federal Oil Leasing Development Flagged

(The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author) In this week’s preview of what to watch in oil and gas markets, one of Rigzone’s regular energy prognosticators

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Commodities
Andreas Exarheas

Norway Activity Level Remains High Despite Covid

The activity level on the Norwegian continental shelf (NCS) was high in the first six months of the year, despite the Covid-19 situation, the Norwegian Petroleum Directorate (NPD) has revealed. Several new discoveries have been made, production remained elevated, and many new development projects are

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