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Discoveries & Reserves

Pemex discovers gas in deepwater Gulf of Mexico

Mexican state-controlled Pemex said on Tuesday it had discovered gas in the deepwater Gulf of Mexico.

4 July 2012
Projects

Nigeria flaring figures show no improvement

Nigeria continues to flare close to a quarter of the gas it produces, new figures from Nigerian National Petroleum Corp. show.

3 July 2012
Unconventional Gas

Sichuan forms state-owned JV for CBM development

The government of Sichuan province in southwest China has marked its entry into the CBM sector with the formation of a joint venture (JV) company to develop the unconventional resource.

2 July 2012
Discoveries & Reserves

Israel's Shimshon 1 shows signs of gas

Israel’s Isramco said on Sunday that it has found signs of gas in its Shimshon 1 exploratory well.

2 July 2012
Discoveries & Reserves

Total declares significance of Caspian discovery

French major Total said on Monday that the Absheron discovery in the Caspian Sea is an “important” discovery which could see first production in the early 2020s.

2 July 2012
Discoveries & Reserves

Eni moves into Kenyan deepwater after Mozambique success

Eni has secured three offshore exploration blocks in Kenya, next to a block recently awarded to Total, the Italian company said on Monday.

2 July 2012
Projects

Delek Group offers to delist Delek Energy again

Israel’s Delek Group published a new offer to delist Delek Energy Systems from the Tel Aviv Stock Exchange on Sunday. Investors have until 16 July to accept the offer.

2 July 2012
Discoveries & Reserves

Pakistan's OGDCL made five oil and gas discoveries over past 11 months

Pakistan’s state-owned Oil and Gas Development Corp. Ltd. (OGDCL) has made five oil and gas discoveries over the past 11 months, The Nation reported on Monday.

2 July 2012
Projects

Eni continues to expand its South Asian exploration acreage

Eni has made a second acquisition in Vietnam’s offshore oil and gas acreage this month, buying a 50% stake in an exploration block in the Song Hong Basin from Indian independent Essar Energy.

2 July 2012
Discoveries & Reserves

Irish shale gas could come onstream by 2016

Australia’s Tamboran Resources says it has found enough gas in Northern Ireland and the Republic of Ireland to supply both for five years, but it will have to overcome public opposition and administrative hurdles to extract it.

2 July 2012
Discoveries & Reserves

BP to restart exploratory drilling for gas in Libya

BP is planning to restart onshore and offshore exploratory drilling for gas in Libya before the end of 2013, Upstream reported on Friday.

29 June 2012
Discoveries & Reserves

Market unconvinced by Brazil’s brave new independents

The chief executive of OGX Petroleo de Gas has resigned, concluding a torrid month for Brazil's largest independent oil and gas company, which is part of billionaire Eike Batista’s EBX conglomerate.

29 June 2012
Licensing Rounds

Technip wins subsea installation contract

Royal Dutch Shell has awarded Technip a large subsea installation contract for its Prelude FLNG project located 200 km off the northwest coast Australia, the French contractor announced on Friday.

29 June 2012
Projects

Gazprom eyes 2016-17 start-up for Vladivostok

Gazprom plans to launch its LNG plant in Vladivostok in 2016 or 2017, Chief Executive Alexei Miller said during the company’s annual general shareholder meeting on Friday.

29 June 2012
Projects

Egyptian Seth shows first gas

BP announced first gas from the $334 million Seth development offshore Egypt on Thursday.

28 June 2012
Projects

Africa’s powership ‘plug and play’

Could floating power stations solve Africa’s energy woes?

28 June 2012
Projects

Sinopec unit starts drilling first wildcat well in Yili Basin

Sinopec Henan Oil and Gas, a unit of state-owned Chinese major Sinopec, has started drilling its first wildcat well in west China’s Yili Basin, the company announced on Thursday.

28 June 2012
Licensing Rounds

Cyprus readies for state participation in E&P – energy minister

Interfax speaks with the Cypriot Minister of Commerce, Industry and Tourism, Neoklis Sylikiotis, about government plans to establish a national energy company to exploit the island’s offshore gas potential and take a lead role in its ambitious export plans.

28 June 2012
Projects

Gazprom eyes up E&P opportunities in Israel

Gazprom is still in negotiations with the developers of the Leviathan gas field off the coast of Israel over the possibility of taking a stake in the project, Interfax understands.

28 June 2012
Projects

Mozambique could use gas for fertilisers, liquid fuels – minister

Mozambique plans to use its new-found gas reserves not only for domestic power generation and LNG exports, but also for use in the production of fertilisers and liquid fuels, the country's energy minister said on Thursday.

28 June 2012

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