Chatham House - MENA 2017

TGS in Major Norwegian Sea 3D Survey

Norwegian geoscience company TGS-Nopec said January 19 it is to undertake “the single largest 3D survey carried out by any company in Northern Europe”.


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Spanish Gas Use Hits 5-Year High

Spanish gas consumption reached its highest daily level for almost five years on January 18, as cold weather pushed that day's gas use to 1.5021 terawatt-hours (140mn m³) of gas – exceeding this winter’s previous record set December 14 of 1.


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Big Oil is Left Off Davos 'Top 100'

German engineering giant Siemens tops a 2017 list of 100 World’s Most Sustainable Corporations, published in Davos January 19 which also includes several gas groups.


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Bangladesh Approves Summit Group's FSRU Proposal

The government of Bangladesh January 18 green-lighted Summit Group proposal to build a floating LNG terminal at Moheshkhali Island, offshore from Cox’s Bazaar, near the industrial Chittagong region, according to UNB News.


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Lundin Books $549mn Impairment

Sweden-based Lundin Petroleum announced January 19 a net 4Q2016 upstream impairment charge of $549mn ($632mn gross, offset by a $83mn tax credit) after having taken gas discoveries offshore Malaysia and oil found in the Russian Caspian off its balance sheet.


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