1. Dusseldorf Exhibition Group announced the suspension of participation in 2022 Russian oil exhibition
Due to the impact of the recent events in Russia and Ukraine, the board of supervisors of Dusseldorf exhibition company announced on its official website last Tuesday that it decided to suspend the business activities of the group in Russia until further notice. This also includes the activities of its subsidiary Messe D ü sseldorf Moscow, one of which is Neftegaz in 2022.
Neftegaz is a famous oil industry exhibition in Russia and even in the world. It was jointly organized by Dusseldorf exhibition group of Germany and expocentre of Russia. The first exhibition was held in 1978 and has been held for more than 40 years.
2. Petrobras sold its stake in the Buzios oilfield to CNOOC for $2.1 billion
Petrobras has signed an agreement to sell 5% of the B ú zios oil field in Brazilian waters to China National Offshore Oil Corporation (CNOOC) for us $2.12 billion.
Buzios is located under the salt of Santos basin. It is one of the largest oil fields in Brazil, second only to Tupi.
The completion of the transaction is subject to the approval of the Brazilian antitrust agency Cade, the Brazilian national agency for oil, gas and biofuels (ANP) and the Brazilian Ministry of mines and energy (MME).
3. North American drilling rig data fell by 7 last week
The latest number of rotary drilling rigs released by Baker Hughes on March 4 showed that the number of drilling rigs in North America fell by 7 last week.
The number of drilling platforms in the region is currently 867, including 650 from the United States and 217 from Canada. Baker Hughes data show that although the number of drilling rigs in the United States remained stable last week, the number of drilling rigs in Canada fell by 7 in the same period.
Baker Hughes has been publishing the number of rotary drilling rigs to the oil industry since 1944, describing these figures as an important commercial barometer of the drilling industry and its suppliers.
4. OMV stopped investing in Russia due to the conflict between Russia and Ukraine
OMV, an Austrian oil, gas and chemical group, announced on Saturday that it was reassessing its participation in Russia and that the executive board had decided not to make any future investment in Russia. In addition, it will conduct a strategic review of its 24.99% interest in yuzhno russkoye. The review includes all options, including the possibility of divestiture or exit.
After the Russia Ukraine incident, BP, equinor, shell and ExxonMobil have issued similar statements before OMV issued a statement.
Post time: Mar-09-2022