A third train at BP’s Tangguh LNG plant will help establish a small-scale sector in Indonesia as three-quarters of the offtake has been bought by PLN.
The release of Q2 results by major oil and gas companies will offer insight into how they are coping with the current low price environment.
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Bidders for blocks on offer in Cyprus’s third offshore licensing round.
Cyprus’s third offshore licensing round has drawn six bids as oil and gas majors search for Zohr-like structures in the East Mediterranean.
IOCs participating in the latest bid round include new entrants to the country’s oil and gas sector – including ExxonMobil, Qatar Petroleum and Statoil – along with established players.