Page 1 - AsianOil Week 46 2021
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Issue 796 19•November•2021 Week 46
SPR strategy
The US wants to co-ordinate with major Asian crude buyers to oversee the
release of strategic reserves in order to bring prices down.
Production drive
Indian independent Cairn Oil & Gas has signed services contracts with
Halliburton and Baker Hughes in order to boost production and reserves.
CCUS partnerships
Malaysia’s state-owned Petronas has signed a number of agreements this
month with international partners to develop CCUS technology.
Basin backing
Australia has unveiled the next two basins to receive exploration funding
and support as part of the government’s “gas-fired recovery”.
