Geology Without Limits will carry out a seismic survey on Iran’s Caspian Sea territory. (GWL) Exploration & Production

Exploration planned for Iranian Caspian Sea

Several IOCs are assessing the oil and gas potential of Iran’s Caspian Sea acreage, but competing territorial claims could stymie exploitation.

By Verity Ratcliffe 24 April 2017
Exploration & Production

Fluor receives FEED for Trinidad’s Cassia Compression Project

London-based Fluor has received the FEED contract for the Cassia Compression project off the east coast of Trinidad from BP Trinidad & Tobago for an undisclosed sum.

26 April 2017
Exploration & Production

Kuwait Energy begins drilling at Abu Sennan

Kuwait Energy has started drilling in Egypt’s Abu Sennan concession.

26 April 2017
Exploration & Production

Gas production at Absheron to start in late 2019 or early 2020

Gas production at the Absheron field in Azerbaijan’s sector of the Caspian Sea is scheduled to begin in late 2019 or early 2020.

26 April 2017
Exploration & Production

Delek to sell Tamar stake

Delek Group intends to sell a 10% stake in the Tamar field offshore Israel.

26 April 2017
Exploration & Production

Norway doubles resource estimate for Barents Sea

Undiscovered oil and gas resources in the Barents Sea are twice as large as previously estimated.

26 April 2017
Exploration & Production

Cenovus Energy sees interest in Deep Basin assets

Canada’s Cenovus Energy may sell off a stake in the Deep Basin gas assets it recently purchased from ConocoPhillips.

25 April 2017
Exploration & Production

Chinese company buys Bangladesh gas fields

Chevron has signed an initial agreement to sell three of its gas fields in Bangladesh to China’s Himalaya Energy.

25 April 2017
Exploration & Production

Iran and Total to sign South Pars Phase 11 deal

Iran will sign a deal with Total for Phase 11 of South Pars within the next month, Iran’s Deputy Oil Minister for International Affairs and Trade Amir Hossein Zamaninia has said.

25 April 2017
Exploration & Production

Small pools key to relaunching North Sea – Algy Cluff

The estimated 3.4 bboe in small pools in the North Sea could start a “North Sea phase two”, according to oil baron Algy Cluff.

25 April 2017
Exploration & Production

Exxon will not receive waiver for Russia drilling – Mnuchin

The administration of United States President Donald Trump will not give ExxonMobil permission to drill for oil and gas in Russia or make exceptions for any other American company.

24 April 2017
Exploration & Production

NIOC to reopen EPC tender for Farzad B

National Iranian Oil Co. (NIOC) plans to reopen a tender for EPC work at the Farzad B gas field, Chief Executive Ali Kardor has said.

24 April 2017
Exploration & Production

TGS to lead survey in Irish Atlantic Margin

Norwegian geoscience data company TGS will conduct a multi-client survey of a 540,000 hectare area in the Irish Atlantic Margin.

24 April 2017
Exploration & Production

Statoil receives consent for Barents Sea exploration

Statoil has received permission from Norway’s Petroleum Safety Authority to drill exploration well 7219/9-2 in the Kayak prospect in the Barents Sea.

21 April 2017
Location of the Groningen gas field, the Netherlands. There is little silver lining for the field’s output. (Skitterphoto) Exploration & Production

Groningen, Rough problems will boost gas prices

Continued production cuts at the Groningen gas field are reducing Dutch exports to marginal levels, increasing price volatility as well as Europe’s reliance on imported LNG and Russian gas.

21 April 2017
Exploration & Production

Petronas starts up Terengganu gas plant

Petronas has started up its Terengganu gas plant, which is capable of processing up to 19.8 MMcm/d of gas from offshore Malaysia.

20 April 2017
Exploration & Production

Ghadir Investment signs MOU to study oil and gas fields in Iran

National Iranian Oil Co. has signed a memorandum of understanding with Ghadir Investment to carry out studies at four greenfield oil and gas fields.

20 April 2017
Exploration & Production

Russia to auction Yamal blocks in June

The Russian government will auction a number of blocks on the Yamal peninsula on 9 June.

20 April 2017
Exploration & Production

Dutch government to cut Groningen gas production by 10%

Dutch Minister of Economic Development Henk Kamp is planning to reduce gas production at the Groningen gas field by 10% starting from October 2017.

20 April 2017
A well in the Vaca Muerta shale play. Argentina is offering generous incentives to drill there. (YPF) Exploration & Production

Great offers in Vaca Muerta – for a limited time only

Now is a great time for companies to plant a flag in Argentina’s Vaca Muerta formation, but the rewards on offer will not be around forever.

20 April 2017
Exploration & Production

Asia Pacific rig count increases by two in March

The number of rigs exploring for gas in the Asia Pacific region increased by 4% month on month in March, to reach a total of 50.

20 April 2017

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