09 October 2023
09 October 2023
Following the Russian invasion of Ukraine and recent production and supply cuts from Opec+, oil demand sits at an all-time high.
As per the two-year-deal, Russian company Gazprom will supply nine million cubic metres of gas per day to Uzbekistan.
The "preliminary agreement" calls for the import of around 25 million cubic metres of gas per day.
The Israel-Hamas conflict has resulted in a $3.10 increase in the price of Brent crude to $87.68 a barrel at 0400 GMT.
Allseas will install about 75km outstanding on the two export pipelines with field termination assemblies at the field.
A deal with Pioneer would bring together two of the largest landowners in the Permian basin of Texas and New Mexico.
The field was discovered in 1980 and commenced production in 1993.
Traditional custodian Raelene Cooper argued in court that the country’s regulatory body had not properly consulted her when granting environmental approval.
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