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US order sets date for Chevron to grind oil exports from Venezuela to a halt

Chevron has been given a 30-day deadline to bring a wind-down of its crude oil production and exports in Venezuela to an end, as its previous license has been revoked by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC). The post US order sets date for Chevron to grind oil exports from Venezuela to a halt appeared first on Offshore Energy.

Oil player books three tanks at Odfjell’s growing South Korean terminal

Odfjell Terminals Korea (OTK), a subsidiary of Norwegian shipping company Odfjell, has entered into a multi-year contract with South Korean oil refining and petrochemical company S-Oil for storage at its expanding Ulsan terminal. The post Oil player books three tanks at Odfjell’s growing South Korean terminal appeared first on Offshore Energy.

Norway sheds more light on recent gas/condensate discovery

After a new hydrocarbon discovery at a prospect off the coast of Norway, which was drilled with a semi-submersible rig owned by Odfjell Drilling, the Norwegian Offshore Directorate (NOD) has disclosed more information about the latest gas/condensate find in the Norwegian Sea. The post Norway sheds more light on recent gas/condensate discovery appeared first on Offshore Energy.