An offshore rig at the Mahakam block. Exploration & Production

Indonesia ups Mahakam offer for Total and Inpex

Indonesia is hoping the offer of a larger stake will keep Total and Inpex interested in the Mahakam field.

By Damon Evans 15 December 2017
Exploration & Production

Repsol and Eni to make Cardon IV FID by year end

Repsol YPF and Eni will make a final investment decision (FID) on the Cardon IV project before the end of the year, paving the way for the development of the first giant Venezuelan gas field.

25 November 2011
Exploration & Production

Security versus environment: the US case for shale

While national security has been “one of the drivers” in the rapid development of shale gas in the United States, it might not be as important an issue in Europe, Peter Kiernan lead energy analyst at the Economist Intelligence Unit, said at a Grayling Breakfast briefing on Thursday in London.

24 November 2011
Exploration & Production

Gail chief says the future lies with shale gas

Gail wants to up shale gas investments around the world as it seeks to secure gas supplies to feed India’s growing demand, the company’s chairman tells Interfax in an exclusive interview.

24 November 2011
Exploration & Production

BP begins 3D seismic survey of Shafag-Asiman structure

BP-Azerbaijan has begun 3D seismic surveying at the promising Shafag-Asiman structure in Azerbaijan's Caspian Sea waters, BP-Azerbaijan told Interfax on Thursday.

24 November 2011
Exploration & Production

APPEA concerned about competitiveness of Australian gas industry

The Australian Petroleum Production & Exploration Association (APPEA) has warned that the country’s LNG industry is facing serious challenges, which, “if not addressed, could seriously reduce the capture of benefits from expansion and jeopardise successful project delivery and future growth opportunities”, it said in a statement released on T

24 November 2011
Exploration & Production

Bowleven’s Sapele-3 finds modest hydrocarbon pay

Bowleven’s Sapele-3 exploration well drilled in the Douala Basin, offshore Cameroon, has found 8 m of net hydrocarbon pay of which 6 m were located in reservoirs sands with good porosity and permeability, the West African focused company said Thursday in a filing on the London Stock Exchange.

24 November 2011
Exploration & Production

Sinopec targets 240 bcm in proven plus probable gas reserves

Sinopec, China's second-largest oil and gas producer, announced yesterday its proven plus probable reserves of gas will likely amount to 240 billion cubic metres this year.

24 November 2011
Exploration & Production

Mediterranean explorer sees production quadruple

Oil and gas producer and explorer Mediterranean Oil and Gas (MOG) has said its participation in Italy’s Guendalina gas field has quadrupled the company’s overall gas production from 40 thousand cubic metres per day (Mcm/d) to 160 Mcm/d.

23 November 2011
Exploration & Production

Peabody and Yankuang to develop $4 billion CTG project in Xinjiang

United States-based Peabody Energy Corp. and Yankuang Group Corp. plan to jointly invest RMB 26 billion ($4.08 billion) on a coal-to-gas project in the Xinjiang Uyghur Autonomous Region, Zhang Minglin, vice-general manager of Yankuang, told Interfax on Tuesday.

22 November 2011
Exploration & Production

Shale gas extraction demands caution, says Germany’s BDEW

Shale gas in Germany is an attractive option in principle but the safety of drinking water needs to be ensured and the extraction of unconventional resources must not interfere with coal mine safety, the Federal Association of Energy and Water (BDEW) said in a position paper it presented yesterday in a parliamentary hearing.

22 November 2011
Exploration & Production

APPEA cautions over possible new coal seam gas regulation

The Australian Petroleum Production and Exploration Association (APPEA) called for caution on Tuesday over a proposed policy change that would require coal bed methane projects to be independently assessed by a committee of scientific experts under the Environment Protection and Biodiversity Conservation (EPBC) Act.

22 November 2011
Exploration & Production

Crescent Petroleum and Dana Gas

Crescent Petroleum and Dana Gas are planning a second phase of development at the Kormor and Chemchemal gas fields in the Kurdish region of Northern Iraq, UAE-based The National newspaper reported on Tuesday.

22 November 2011
Exploration & Production

Market needs Bolshekhetskaya gas - Alekperov

Gas from Russia’s Bolshekhetskaya field is needed by the market because of declining output from Gazprom’s traditional fields, Lukoil’s President Vagit Alekperov told Interfax in an exclusive interview.

22 November 2011
Exploration & Production

Auditor stands by Turkmenistan reserves estimates

British auditor Gaffney, Cline & Associates remain fully confident of their 2011 audit of Turkmenistan’s natural gas reserves despite criticisms made last week by Gazprom’s Deputy CEO Alexander Me

21 November 2011
Exploration & Production

TNK-BP to bid in new Brazil oil and gas tenders

TNK-BP plans to participate in Brazil’s oil and gas tender, Executive Vice-President for International Projects and Geological Exploration Chris Einchcomb told journalists on Monday.

21 November 2011
Exploration & Production

Russia to consider shelf exploration programme

The Russian government will consider plans set out by the Natural Resources and Energy Ministry to open up the country's continental shelf for exploration work on 8 December, Natural Resources and Ecology Minister Yury Trutnev told Interfax.

21 November 2011
Exploration & Production

TNK-BP to invest $700-800 mln per year for exploration

TNK-BP will invest between $700 million and $800 million for exploration operations inside and outside of Russia over a five-year period, the company's Vice-President for International Projects and Geological Exploration, Chris Einchcomb, told journalists on Monday.

21 November 2011
Exploration & Production

Statoil, BP and Eni pick up Indonesian acreage

The Indonesian government awarded a series of exploration licences to oil and gas companies including Statoil, BP and Eni on Monday.

21 November 2011
Exploration & Production

Argentina shale exploration favours oil to gas

Shale exploration in Argentina’s high-potential Neuquen Basin is likely to favour oil deposits over gas until the country’s energy prices are liberalised.

21 November 2011
Exploration & Production

Progress on China-Japan gas talks unlikely

Talks between China and Japan on joint exploration of gas reserves in the East China Sea will yield little progress even if they resume in December when Prime Minister Yoshihiko Noda visits China, a top official in the Chinese Academy of Social Sciences (CASS) told Interfax on Friday.

18 November 2011

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