Daily Digest: February 10th, 2020

Qatargas announced it had signed a contract with Shell to supply 1mn mt/yr of LNG to Kuwait starting this year.

Singapore-based AG&P and Adnoc L&S have signed an agreement for the conversion, supply, operations, and maintenance of a floating storage unit (FSU) at AG&P’s new LNG import facility located within Karaikal Port in Puducherry, India, AG&P said

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India’s largest gas distributor Gail registered a 12.8% year-on-year increase in consolidated net profit for the three months to December 31 (Q3 2020) owing to better performance by gas marketing and liquid hydrogen segments, it said.  

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has signed a 12-year charter contract with Malaysian state-run Petronas LNG for two newbuilding LNG vessels, the company said.

Knutsen NYK Offshore Tankers (KNOT), a unit of Japanese shipping company NYK, has concluded a long-term time-charter contract for two LNG-fuelled shuttle tankers with Eni Trading & Shipping, a subsidiary of ENI, NYK said.

Azeri state-owned Socar’s drilling unit (Socar AQS) and US giant Halliburton have signed a memorandum of understanding to form a joint venture to provide a broad suite of oilfield products and services in Azerbaijan, Socar said.

The Akademik Cherskiy, the pipe-laying ship Russia is counting on to complete its Nord Stream 2 gas pipeline to Germany, has left the Far Eastern port of Nakhodka bound for Singapore, vessel tracking data shows.

Novatek has signed a financing deal paving the way for the construction to begin on the first four LNG carriers required for its Arctic LNG-2 project.

Ukraine is looking to drum up interest in its vast but under-utilised gas storage capacity, with meetings due to take place with existing and potential new clients over the coming months.  

Turkish upstream operator TPAO has bought a third deep-water drill ship, adding to the two it already operates in the eastern Mediterranean, within the exclusive economic zone claimed by Cyprus. 

North Sea-focused Ithaca Energy has signed a letter of intent with an unidentified global investment firm to set up a joint venture to manage its infrastructure assets, its Israeli parent Delek Group said.

New Zealand’s Contact Energy said in a release it had signed an agreement to receive 37 petajoules (PJ) of gas between 2021 and 2025 from Austria’s OMV.

Wintershall Dea and Egypt's energy minister Tarek El Molla have signed the concession agreement for the East Damanhour block, the German producer said.