Exploration & Production

Projects

Noa and Pinnacle fields to be linked to Mari B

Noble Energy and Delek Group are building a pipeline to link the Noa and Pinnacle gas fields off the coast of Israel to the Yam Tethys's Mari B platform, Gobles reported on Tuesday.

16 May 2012
Projects

Santos drilling plans will tap WA's high prices

Santos is planning a “high-impact”, “exciting” drilling campaign this fiscal year off the northwestern coast of Australia, where it hopes to further develop its Bonaparte Basin LNG plant and continue feeding the higher-priced domestic market in Western Australia (WA).

16 May 2012
Discoveries & Reserves

Anadarko unveils new gas structure offshore Mozambique

Anadarko Petroleum and partners have struck more gas in Mozambique’s Offshore Area 1 licence, reporting a gas accumulation at the Golfinho well in an entirely separate structure to the existing discoveries on the block.

15 May 2012
Licensing Rounds

Shell tackles pirates for offshore treasure

Royal Dutch Shell is pioneering a stabilising and state-building initiative in Somalia, one of the world’s most fragile states, where it still lays claim to offshore exploration rights more than two decades after they went into force majeure following the collapse of the central government in Mogadishu.

15 May 2012
Projects

OGX Petroleo e Gas declares Tubarao Azul field commercially viable

Brazilian independent OGX Petroleo e Gas declared its Tubarão Azul offshore oil field to be commercially viable on Monday, Reuters reported.

15 May 2012
Licensing Rounds

BP’s Trinidad and Tobago strategy appears gas-focused

BP said on Tuesday that it was considering further blocks in Trinidad and Tobago after signing two production sharing contracts (PSCs) for oil and gas exploration from the 2011 deepwater bid round.

15 May 2012
Licensing Rounds

Chile ramps up exploration drilling

Chile, a minnow among Latin American gas producers, has awarded five new exploration blocks in Patagonia as Santiago attempts to replicate the drilling successes of neighbouring Argentina.

14 May 2012
Discoveries & Reserves

Total stops Nigerian gas leak

Total has stopped the gas leak on the OML 58 licence in Rivers State, Nigeria, the company said in a statement on Sunday.

14 May 2012
Projects

Shtokman documents could be signed in June

A number of documents on the Shtokman gas condensate field in the Barents Sea could be signed at the international economic forum in St Petersburg in June this year, Kommersant newspaper reported on Monday.

14 May 2012
Licensing Rounds

Delek, Woodside and Edison team-up for Cypriot gas exploration

Delek Group has confirmed it is one of the bidders in Cyprus’ second offshore exploration licensing round, which closed on 11 May. The Israeli oil and gas explorer submitted the proposal as part of a consortium of Woodside Energy Holdings (30%), and Italy’s Edison International (30%) and Enel Trade (15%).

14 May 2012
Projects

Statoil signs Seadrill agreement

Statoil has signed an agreement with Seadrill for the use of its West Aquarius deepwater drilling rig in its 2012-13 drilling programme offshore Newfoundland, Canada, the company said in a press release on Monday.

14 May 2012
Discoveries & Reserves

Reliance's reduced gas reserve estimate is 'credit negative' - Moody's

Moody’s Investor Service has said that the reduction in Reliance Industries’ gas reserve estimates is a credit negative for the Indian company because it confirms the technical difficulties its exploration and production business faces from lower output and cash flows, Dow Jones reported on Monday.

14 May 2012
Projects

Mexican violence hits the night shift at Burgos Basin

Night shifts at Mexico’s largest gas basin, Burgos, have been suspended because of ongoing violence in the region, according to a lawmaker.

14 May 2012
Projects

First gas from Sakhalin 3 Kirinskoye field expected by year-end - governor

First gas from the Sakhalin 3 project's Kirinskoye gas condensate field is likely to enter the main Sakhalin-Khabarovsk-Vladivostok pipeline at the end of this year, Alexander Khoroshavin, governor of the Sakhalin region, said at a press conference on Saturday.

14 May 2012
Licensing Rounds

Cyprus attracts 15 bids in latest licensing round

The success of Cyprus’ second offshore oil and gas licensing round has exceeded expectations, with 15 bids received for the 12 blocks on offer, Minister of Commerce, Industry and Tourism Neoclis Sylikiotis told journalists on Friday. The tender, which closed on Friday, attracted 10 consortia and five companies, including Malaysia’s Petronas, Fr

11 May 2012
Projects

Yemeni government, Total discuss further cooperation

Yemen’s President Abdrabu Mansour Hadi met with Total's regional director for oil exploration and production, Arno Breyak, on Thursday to discuss ways to expand Total’s operations in the country, Saba news agency reported.

11 May 2012
Unconventional Gas

Water pollution from fracking unlikely in Ireland – report

A report commissioned by the Irish Environmental Protection Agency shows water pollution is unlikely in the case of shale gas extraction, but the incidence of earthquakes and the effects of methane emissions from hydraulic fracturing (‘fracking’) additives remain unclear.

11 May 2012
Unconventional Gas

Difficulties could derail China’s shale ambitions

While the Chinese leadership has trumpeted the potential of its vast unconventional resource base – a tune that some foreign majors have been happy to echo – some sceptical voices have also emerged.

11 May 2012
Projects

Sudan and South Sudan clash over oil

The recent border clashes between Sudan and South Sudan have exacerbated the dispute over oil transit fees for the 350 thousand barrels per day (Mb/d) output from South Sudan’s vast oilfields, Juba’s Chief Negotiator Pagan Amum told Interfax.

11 May 2012
Projects

‘Great improvement’ in Niger Delta security situation

The security situation in the Niger Delta has seen a “great improvement” after the government took steps to address concerns of militants operating in the area, Iliyasu Danjuma Bagna, the security manager at Total E&P Nigeria, told Interfax on Thursday. “It’s down to the government of Nigeria – it is doing well,” he said.

11 May 2012

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