Limassol, Cyprus. Total has installed an operations base at the port in preparation for drilling in Block 11. (PA) Exploration & Production

Cyprus centre stage in challenging East Med picture

The efforts of Israel, Lebanon and Turkey to develop their offshore resources could hinder Cyprus from tapping its own acreage.

By James Gavin 22 June 2017
Exploration & Production

BP to develop Kinnoull reservoir in North Sea

UK oil and gas giant BP has decided to go ahead with the development of the Kinnoull reservoir in the central North Sea, which means that the associated Andrew platform will remain shut for another 18 months, it said on Tuesday in a statement.

7 September 2011
Exploration & Production

Rosneft, ExxonMobil agreement requires no FAS approval

The strategic agreement between Rosneft and ExxonMobil does not require the approval of Russia's Federal Antimonopoly Service (FAS), Deputy FAS chief Andrei Tsyganov told Interfax on Wednesday.

7 September 2011
Exploration & Production

Return to Gulf of Mexico brings instant reward

The return of oil and gas giants to the Gulf of Mexico is in full swing, with both United States-based Chevron and UK-based BP announcing exploration and production successes on Tuesday and Wednesday.

7 September 2011
Russian Prime Minister Vladimir Putin with Slovenia’s President Danilo Turk in in March this year. Ascent does not see Gazprom’s South Stream project, which may land in Slovenia, as a threat. (PA) Exploration & Production

Ascent eyes Slovenian tight gas production

Ascent Resources expects to produce 400 million cubic metres per year by 2014 from its proposed €200 million Petišovci tight gas project in Slovenia, with commercial operation expected to start in 2012.

7 September 2011
Exploration & Production

Uruguay to announce round two licensing awards in Q3 2012

Ancap, Uruguay’s national oil company, will launch the second round licensing tender on 7 September for the its 15 oil and gas offshore Punta del Este and Pelotas Basins blocks, with the awards expected to be announced in the third quarter of 2012, a company spokesman told BNAmerica this week.

6 September 2011
Exploration & Production

CNPC outbids Tethys Petroleum in race for Afghanistan block

China National Petroleum Corp. (CNPC) has won the tender for three blocks in Afghanistan, the state-owned company’s rival for the block said on Monday.

6 September 2011
Exploration & Production

Indonesia’s East Natuna project costs may reach $40 bn

Developing Indonesia’s expansive offshore East Natuna gas field may cost state-owned Pertamina and its partners between $20 billion and $40 billion, a Pertamina official told a local newspaper on Monday.

6 September 2011
A pro-Gadhafi fighter holds a poster of Libyan Leader Moammar Gadhafi as black plume of smoke rises from a burning oil refinery. (PA) Exploration & Production

Libya’s gas prospects look rosier than oil

As Colonel Muammar Gaddafi is deposed, oil and gas companies start looking to the future. Analysts point out that gas production could restart quicker than oil.

6 September 2011
Rosneft headquarters, Moscow. (Rosneft) Exploration & Production

Real test for ExxonMobil, Rosneft strategic alliance yet to come

Analysts have argued that 2015, when drilling for first Arctic well takes place, will be crucial year in assessing strategic alliance between Exxon and Rosneft.

6 September 2011
Exploration & Production

Datang Power's Keshiketeng coal-to-gas plant goes online

Datang International Power Generation started operations at the first phase of its Keshiketeng coal-to-gas (CTG) plant in the Inner Mongolia Autonomous Region earlier this month after four months of pre-commission checks, state media reported on Sunday.

5 September 2011
Exploration & Production

No link with Ogaden unrest in Ethiopia, PetroTrans

China’s PetroTrans has denied any involvement in alleged skirmishes between the Ethiopian government and rebel fighters over exploration licences in the Ogaden region.

5 September 2011
Exploration & Production

Low prices deter US drilling, but no production threat

Relatively low gas prices are deterring conventional drilling in the United States, although an analyst told Interfax that long-term production figures are unlikely to be dented.

5 September 2011
Exploration & Production

Bangladesh looks for foreign aid in gas E&P

Bangladesh’s parliamentary watchdog on energy and power is urging foreign oil and gas companies to invest in exploration in the Bay of Bengal because domestic companies lack the technology and expertise to do so, according to the news service EnergyBangla.

5 September 2011
Exploration & Production

Qitai County coal-to-gas project to go on-line 2014

A coal-to-gas (CTG) project that will be operated by state-owned Henan Coal & Chemical Industry Group in Qitai County, Xinjiang Uyghur Autonomous Region, is on schedule and set to go operational in December 2014, a local official told Interfax on Saturday.

5 September 2011
Exploration & Production

Bohai Bay oil spill drives CNOOC shares down 9%

China National Offshore Oil Corp. (CNOOC), the county’s largest offshore energy explorer, had its shares driven down by nearly a tenth following the oil spill at the Penglai 19-3 field, which is operated by its partner ConocoPhillips.

5 September 2011
Exploration & Production

Gazprom reps to visit South Korea to discuss joint projects - Korean media

Representatives from Russian gas company Gazprom will visit South Korea to discuss issues involved in the building of a gas pipeline that would join the two countries, Korean media reported today, citing reports from their own sources.

5 September 2011
Exploration & Production

Australian gas industry launches pro-CBM campaign

Australia’s leading oil and gas industry association is kicking off a campaign highlighting the environmental benefits of gas-fired energy when compared with many other types of fuel, in response to growing opposition to coal-bed methane (CBM) – the source of several new LNG projects in development.

5 September 2011
Exploration & Production

Afghan, Pakistani, Tajik leaders interested in Russian investment in TAPI

Russia's interest to invest in two Central Asia projects – including a project to build a gas pipeline linking Turkmenistan, Afghanistan, Pakistan and India, and a high voltage CASA-1000 electricity transmission project were welcomed in Tajikistan’s capital, Dushanbe on Friday.

2 September 2011
Christine Schweikert, energy economist at Germany’s BHF Bank, talks about the risk of a second recession and its potential impact on energy projects. (PA) Exploration & Production

Financial turmoil mars outlook for energy projects

Christine Schweikert, energy economist at Germany’s BHF Bank, talks about the risk of a second recession and its potential impact on energy projects.

2 September 2011
Exploration & Production

No agreement on Tamar gas pricing says Delek

The Tamar consortium and Israel Electric Corporation (IEC) have not settled on a sales price for gas from the Tamar field, despite reports in local business daily, Globes, that they are close to a deal.

2 September 2011

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