MARKET WATCH: NYMEX crude oil settles above $50/bbl

US light, sweet crude oil gained moderately to settle above $50/bbl for both the November and December contracts on the New York market on Oct. 6. It was the first time since June that the US front-month benchmark oil contract broke through $50/bbl. Source: News


GasLog orders newbuild LNG carrier

GasLog Ltd., Monaco, has ordered from Samsung Heavy Industries Co. Ltd. (SHI) a newbuild 180,000-cu m LNG carrier. The construction contract, valued at about $179 million, includes an option through yearend for an additional carrier. Source: News


Pertamina lets contracts for Indonesian refineries

PT Pertamina (Persero) has entered a series of licensing agreements with Axens SA, Rueil-Malmaison, France, for technologies to be implemented as part of modernization and upgrading projects at the 260,000-b/d refinery in Balikpapan, East Kalimantan, Indonesia, and 348,000-b/d Cilacap refinery in Central Java. Source: News


Sasol completes first onshore 3D seismic campaign in Mozambique

Sasol Exploration & Production International Ltd. has acquired 115 sq km of seismic data in Inhassaro field, onshore Mozambique. Geofizyka Torun of Poland shot 2D and 3D seismic with Vibroseis trucks, and the contractor is now moving its equipment to Pande field where it will shoot an additional 42 sq km of 3D seismic data. […]


First deck for Johan Sverdrup hoisted into place at shipyard

The 208-ton section 512 of ASA Statoil’s Johan Sverdrup drilling platform was hoisted into place at a shipyard belonging to Aibel in Haugesund, Norway. Aibel said this completes the first deck. Source: News