A BP drillship in the West Nile Delta Projects

Getting its house in order pays off for Egypt

Egypt has been paying debts and lifting prices in a bid to attract explorers, and the effort is being rewarded.

By The Wildcat 20 April 2018
Projects

Eni planning major investment in Algeria – Descalzi

Eni plans to invest “billions” in Algeria over the next three years, Reuters has reported the company’s chief executive as saying

18 April 2018
Licensing Rounds

Egypt to auction further blocks in the Mediterranean

Egyptian Petroleum Minister Tarek el-Molla has said the country is set to auction another 10-11 oil and gas blocks in the Mediterranean

18 April 2018
Drilling at China's Fuling shale gas field Unconventional Gas

China’s shale gas optimism belies geological challenges

China is likely to miss an official shale gas output target for the second time in a row despite steady progress in recent years.

18 April 2018
Projects

Longwangmiao production exceeds 30 bcm

China National Petroleum Corp. has extracted 30 billion cubic metres of gas from the Longwangmiao formation since 2012

17 April 2018
Projects

YPF and Gazprom may join forces in Estacion Fernandez Oro field

Gazprom and Argentine state-run YPF may soon sign an agreement on the joint exploration and production of gas in the country’s Estacion Fernandez Oro field

17 April 2018
Unconventional Gas

AAG Energy’s CBM output up 29% in Q1 2018

AAG Energy Holdings increased its CBM output by 29% year on year in the first quarter of 2018, to 2.04 million cubic metres per day.

17 April 2018
Unconventional Gas

Northern Australia lifts ban on fracking

Australia’s Northern Territory has lifted a nearly two-year-old moratorium on fracking for shale gas but will implement strict laws to protect the environment

17 April 2018
Angolan President João Lourenço at his inauguration in 2017 Projects

Angola fires first salvo of petroleum reforms

The first significant piece of legislation passed under Angola's new president will speed up the country's licensing process.

17 April 2018
A platform offshore Vietnam Projects

SE Asian LNG outlook bullish as upstream wanes

Southeast Asia's LNG demand is set to surge up to 2025 as regional hydrocarbon production falls by 25%.

16 April 2018
Projects

Trinidad sales agreement for Dragón gas in ‘closing stages’ – Rowley

A sales agreement for gas produced from Venezuela’s Dragón field is in its “closing stages” Trinidad and Tobago’s prime minister Keith Rowley has said

16 April 2018
Projects

Chevron Pacific Indonesia approved for Rokan Block drilling

Chevron Pacific Indonesia has obtained approval to drill 22 new wells at six fields in the Rokan Block

16 April 2018
Projects

TechnipFMC awarded BP FPSO FEED contract in western Africa

TechnipFMC has been awarded a FEED contract by BP for the FPSO serving the IOC’s Tortue/Ahmeyim LNG development

16 April 2018
Licensing Rounds

Iraqi licensing round draws 14 expressions of interest

Iraq’s latest oil and gas licensing round has attracted expressions of interest from 14 companies

16 April 2018
Discoveries & Reserves

Exxon upgrades P’nyang field reserves to 122 bcm

ExxonMobil has upgraded the resource base at the P’nyang field in Papua New Guinea to 122 billion cubic metres, an increase of 84%

13 April 2018
Projects

Philippines and China nearing deal on SCS exploration – minister

China and the Philippines are nearing a deal for joint oil and gas exploration in disputed regions of the South China Sea

13 April 2018
New Zealand Prime Minister Jacinda Ardern at a press conference in 2017 Discoveries & Reserves

Industry blindsided by New Zealand offshore ban

New Zealand’s prohibition on offshore exploration appears to have taken the industry by surprise, but the signs were there.

13 April 2018
Projects

New Zealand to stop all new offshore exploration

New Zealand is halting all new offshore oil and gas exploration as part of its efforts to reduce its greenhouse gas emissions.

12 April 2018
Projects

Daqing oilfield produces 1.22 bcm in Q1 2018

CNPC’s Daqing oilfield produced 1.22 billion cubic metres of gas in the first three months of 2018, up by 13.3% year on year

12 April 2018
Projects

PetroChina subsidiary produces 5.89 bcm in Q1

PetroChina’s Southwest Oil & Gasfield subsidiary produced 5.89 billion cubic metres of gas in the first quarter of 2018, up by 4.2% year on year

12 April 2018
Unconventional Gas

Coal India no longer needs licences for CBM extraction

State-owned Coal India and its subsidiaries will no longer need to apply for licences to extract CBM from domestic coal blocks.

12 April 2018

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