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Issue 780                29•July•2020                     Week 30





                    ™      CNOOC joins Lower Zakum consortium


                            CNOOC has joined Abu Dhabi’s Lower Zakum consortium just as signs
                            emerge that ADNOC will resume offshore contracting activity.


                    ™      Chevron’s Noble deal


                            Chevron has agreed to buy Noble Energy for $5bn in stock in the first major
                            deal of the current oil downturn.

                    ™      aq set to resume exports to Jordan
                            Ir

                            Iraq has completed all logistical preparations to resume oil exports to Jordan.

                    ™      Qatar delaying Al-Shaheen bid


                            Qatar’s North Oil Co. (NOC) is reported to have delayed bidding for a year
                            on expansion work for the offshore Al-Shaheen oilfield.
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