1. South Korea temporarily does not impose temporary anti-dumping duties on seamless copper pipes related to China
On April 22, the Ministry of planning and finance of South Korea issued announcement No. 2022-78, deciding not to impose temporary anti-dumping duties on seamless copper pipes originating in China and Vietnam. On October 29, 2021, South Korea launched an anti-dumping investigation against seamless copper pipes originating in China and Vietnam. On March 17, 2022, the South Korean Trade Commission made a positive preliminary ruling on the case and suggested to continue the anti-dumping investigation and temporarily not impose temporary anti-dumping duties on the products involved in China and Vietnam. The Korean tax number of the product involved is 7411.10.0000. (source: Official Website of Ministry of planning and finance of Korea)
2. Germany plans to cooperate with one dyas to exploit natural gas in the North Sea
Since the conflict between Russia and Ukraine, energy prices such as natural gas in Germany have soared, causing negative economic consequences. In order to get rid of dependence on foreign natural gas, Lower Saxony, an important energy city in Germany, recently plans to cooperate with one dyas, a Dutch private exploration and production company, to develop a gas field in the North Sea in schiermonnikoog, the Netherlands, and Borkum Island, the sea area of Walden islands, Germany.
The gas field is located more than 20 kilometers north of the Walden islands in the North Sea. It is the so-called low heat gas, which is comparable to the gas in Groningen, the Netherlands. It is suitable for families in some parts of the Netherlands and Germany.
3. The IOR project of Petrobras and equinor in roncador oil field in Brazil began to produce
Petrobras and equinor, the first two wells in the roncador oil field off the coast of Brazil to improve oil recovery (IOR) project, have been put into operation.
Roncador oilfield is located in Campos Basin on the coast of Brazil. It has been put into operation since 1999 and is the fifth largest oil producing asset in the country. Petronas is the operator of the project and owns 75% of the equity of the oilfield; Equinor owns the remaining 25%.
It is reported that the IOR project will drill 18 wells and is expected to provide 160 million barrels of additional recoverable resources.
4. Aker BP prepares to drill in the North Sea
Recently, Aker BP, a Norwegian oil and gas company, obtained a drilling license from the Norwegian Petroleum director to drill a preliminary exploration well in the northern waters of Norway. The drilling plan of the well includes the exploration well of 1085 production license, which was issued in February 2021 and is valid until February 2027.
Aker BP is the operator of the license with 55% ownership interest, and the other licensees are dno Norge (25%) and petero (20%).
5. Central Petroleum starts Amadeus drilling activities
Central Petroleum, an Australian energy company, has drilled Palm Valley 12 (pv12) well in ol3 license block southwest of Alice Springs, Northern Territory of Australia. This is the first of two drilling projects, which also includes dingo-5 exploration and production well
Post time: Apr-28-2022