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Exploration & Production

Asia to lead gas demand growth to 2024 – IEA

The industrial sector will be the main driver of gas demand growth over the coming years, with most of this originating in Asia.

7 June 2019 World
An offshore flow station

Inpex and Jakarta agree $20 bln Masela plan

First gas from the long-delayed Abadi field could flow in 2027 as Japan’s Inpex and the Indonesian government look set to agree terms later this month.

6 June 2019 Asia Pacific
Drilling in the Vaca Muerta

Chilean market may not satisfy Argentina for long

Argentina’s government is approving more gas exports to Chile, but volumes are relatively small and Chilean gas demand may not grow fast enough.

6 June 2019 Americas
The Petromar Central platform in Romania's Black Sea.

BRUA open season extended until October

FGSZ and Transgaz have delayed the deadline for booking capacity on their sections of the BRUA pipeline, suggesting FIDs on Black Sea gas projects are unlikely anytime soon

31 May 2019 Europe & Russia
Testing gas flows off Mozambique

Gas explorers gain ground in sub-Saharan Africa

The expansion of deep-pocketed supermajors across sub-Saharan Africa’s frontier basins means deepwater exploration for gas looks set to grow.

30 May 2019 Middle East & Africa
Petronas's oil and gas terminal in Sabah

Shell pushing ahead in Malaysian deepwater

Shell's development of the Rosmari-Marjoram project is continuing despite political challenges affecting other projects in the region.

30 May 2019 Asia Pacific
A Colombian Ecopetrol facility

Colombia steps up shale gas preparations

The country’s shale plans are picking up steam but are unlikely to prevent a mid-term rise in LNG imports.

30 May 2019 Americas
Sinopec’s Lichuan gas processing plant in Hubei province

Hubei Energy’s gas supply to stall in short term

The main energy company of central China’s Hubei province has made moves to beef up local gas supplies, but they will be too late to provide a boost in the short term.

23 May 2019 Asia Pacific
A Pemex rig in Campeche Sound

Mexican government makes call for private cash for E&P

Greater private investment is seen as necessary for Mexico to meet its targets for boosting domestic gas production.

23 May 2019 Americas
An LNG tanker owned by Qatargas

Pakistan reliant on LNG as Eni’s Kekra 1 well comes up dry

Eni and ExxonMobil have failed to find hydrocarbons in the Kekra 1 well in Pakistan, leaving the country reliant on imported LNG to meet its growing demand for gas.

22 May 2019 Asia Pacific
ConocoPhillips' Bayu Undan platform in the Timor Sea

Chinese finance bolsters East Timor LNG plan

China International Capital Corp.'s agreement to help finance the onshore element of East Timor's Greater Sunrise project is a positive development, but doubts remain.

16 May 2019 Asia Pacific
Artist's impression of operations at the Tortue field.

West African gas starting to hit its stride

Motivated by the success of Tortue/Ahmeyim’s first phase, IOCs are looking with greater interest at offshore West Africa.

16 May 2019 Middle East & Africa
Drilling in the Vaca Muerta shale play.

Argentina struggling with Vaca Muerta pipeline

Government money for the $1.5 billion connection will be fundamental if the much-needed project is to go forward.

16 May 2019 Americas

Azeri offshore in need of European price rise

IOCs involved in E&P projects offshore Azerbaijan are launching exploratory drilling programmes in their blocks, but are likely to wait for European gas prices to rise before taking FIDs on export projects.

9 May 2019 Europe & Russia
A rig off New Zealand

NZ releases onshore blocks amid offshore ban

More than 30 blocks will be on offer covering more than 200,000 hectares in the onshore Taranaki region as new offshore exploration remains off-limits.

9 May 2019 Asia Pacific
Beijing at night

Beijing pays the price for limited supply options

Beijing’s local gas distributor currently has to hike non-residential retail tariffs considerably for winter to keep seasonal gas demand in check, but new supply sources starting up in coming years will allow it to offer more affordable gas.

9 May 2019 Asia Pacific
A drillship at work on the Leviathan field.

Leviathan accentuates Israel's need for gas exports

Israel wants to pin down a viable option for gas exports as commercial production from its Leviathan project becomes imminent.

3 May 2019 Middle East & Africa
A Sinopec Jianghan Drilling shale well

China’s gas output keeps rising but 2020 target still in doubt

The country’s production levels have been increasing steadily in recent months, but output is still short of what will be needed to meet the target of 200 bcm in 2020.

2 May 2019 Asia Pacific
The Malampaya project in the Philippines.

Shell's legal win a boost for Malampaya

Shell's victory in its tax dispute could see it extend the production life of the Philippines' biggest gas field, which could be bad news for LNG projects planned for the country.

2 May 2019 Asia Pacific
A rig in Australia's Galilee Basin

Labor to boost development of remote basins

Australia’s opposition Labor Party plans to allocate funding to spur unconventional gas development in the Northern Territory and Queensland.

25 April 2019 Asia Pacific

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