Jordanian firm agrees to buy Leviathan gas

Partners in the Leviathan natural gas project offshore Israel have signed an agreement to supply as much as 45 billion cu m of gas to a Jordanian power company. Source: News


Hyundai Oilbank lets contract for South Korean refinery

Hyundai Oilbank Co. Ltd. (HDO) has let a long-term contract to Praxair Inc., Danbury, Conn., to supply industrial gases to its 390,000-b/sd refinery at the Daesan petrochemical complex in South Korea’s Chungnam Province, 130 km southwest of Seoul. Source: News


Santos group to prolong production from Oyong, Wortel fields

The group led by Santos Ltd. of Adelaide has agreed to perform the work needed to extend by at least 2 years the production lives of Oyong and Wortel oil and natural gas fields in the Sampang production-sharing contract area offshore Indonesia. Source: News


DONG terminates contract for Maersk Resolve jack up

DONG Energy has terminated its contract with Maersk Drilling AS for the Maersk Resolve jack up rig after it concluded work at Hejre field in the Danish North Sea. Source: News


Rae-Smith named CEO of Swire Oilfield Services

John Bruce Rae-Smith has been elevated to chief executive officer of Swire Oilfield Services LLC, a supplier of cargo carrying units to the offshore energy industry. He succeeds Tor Helgeland following his retirement in August after 22 years with the company. Source: News


RAK brings two gas fields on stream offshore Ivory Coast

RAK Petroleum PLC said Marlin and Manta gas fields offshore the Ivory Coast were brought on stream following completion of a 4-year, $850-million development by operator Foxtrot International LDC, Abidjan, on Block CI-27. Source: News


MARKET WATCH: NYMEX, Brent crude prices fall pending OPEC’s informal meeting

Light, sweet oil prices on the New York market and Brent prices on the London market fell more than $1.70/bbl Sept. 23 pending an International Energy Forum meeting Sept. 26-28 in Algeria at which the Organization of Petroleum Exporting Countries is expected to informally discuss oil markets. Source: News