The Darwin LNG export plant in Australia Exploration & Production

Oil companies talk Greater Sunrise options

The settlement of East Timor and Australia's border dispute means the parties can move on to discuss development options for Greater Sunrise, but hurdles remain.

By Damon Evans 17 October 2017
Exploration & Production

Brazil’s HRT sees opportunity in the Atlantic ‘mirror’

In addition to the purchase of the four drilling rigs in Namibia that was announced last week, HRT will sign a memorandum of understanding to acquire two additional units.

27 September 2011
Exploration & Production

Guatemala to rekindle offshore exploration

The frontrunner in Guatemala’s presidential elections in November is planning to invite investors back to the country to participate in a gas bidding round as early as next year, Interfax has learned.

26 September 2011
Exploration & Production

Insurance groups to offer Iraq-specific cover for drilling rigs

Global insurance group Marsh and the Arab Anglo Insurance Brokers (AAIB) are looking to capitalise on drilling activity in Iraq by offering specific insurance for operators there.

26 September 2011
Exploration & Production

Indonesia CBM production on the increase

Indonesia’s CBM production which began earlier this year, has now reached 33.9 thousand cubic metres per day(Mcm/d), according to state regulator BPMigas – a total it hopes will expand to 14.1 million cubic metres per day (MMcm/d) by 2015, and going forward to double production every five years.

26 September 2011
Exploration & Production

Stumbling blocks to GTL technology still remain

High-profile announcements of new GTL plants from Sasol and the start-up of Royal Dutch Shell’s Pearl project show confidence in the technology is building. But there are still many risks attached t

26 September 2011
Exploration & Production

Sinopec expects Erdos Basin projects to yield 6 bcm of natural gas annually by 2015

The North China Petroleum Bureau, a unit of Sinopec, expects annual production from its gas fields in the Inner Mongolia Autonomous Region's Erdos Basin to hit 6 billion cubic metres by 2015, Sinopec announced on its website on Monday.

26 September 2011
Exploration & Production

Gazprom launching major programme for Arctic shelf exploration

Gazprom expects its exploration of the Arctic shelf to result in deposits amounting to about 11 billion tons of hydrocarbon fuel equivalent being discovered by 2030, one of the company's top executives said on Friday.

23 September 2011
Exploration & Production

Exploiting Lebanon’s gas resources still a long way off

The waters of the East Mediterranean are estimated to hold 3.5 trillion cubic metres of gas. Pursuing gas exploration is a top priority for Lebanon, which is highly dependent on gas imports. However,

23 September 2011
Exploration & Production

TNK-BP’s Brazil debut hangs in the balance

Russia’s TNK-BP is hoping to enter the Brazilian market. However, analysts have suggested that the company will be unhappy playing second fiddle to its prospective partner, HRT Participações.

23 September 2011
Exploration & Production

SOCAR announces feasibility study for $15 bln petrochemicals complex

State Oil Company of the Azerbaijani Republic (SOCAR), along with a group of companies, has announced a feasibility study for building a petrochemicals complex costing an estimated $15 billion, SOCAR's vice-president for strategic development, Tofik Gakhramanov, said at the Gas Infrastructure World Caspian 2011 conference on Friday.

23 September 2011
Exploration & Production

ExxonMobil takes leases for Utica Shale play

ExxonMobil has taken its first step in the shale oil and gas field, acquiring leases in Ohio’s Utica Shale, according to a news report on Friday.

23 September 2011
Exploration & Production

Apache acquires Exxon’s maturing North Sea assets

Apache North Sea, a subsidiary of the United States’ Apache Corporation, has agreed to purchase ExxonMobil’s North Sea assets for $1.75 billion, according to a statement released on Thursday.

22 September 2011
Exploration & Production

Qinshui Lanyan CBM begins drilling for coal seam gas

Qinshui Lanyan Coalbed Methane has started drilling for coal seam gas in a Shanxi Province coal mine owned by Huajin Coking Coal, Qinshui Lanyan announced on Sunday.

22 September 2011
Exploration & Production

KRG transparency initiative likely to be a “political move”

Oil and gas companies operating in Kurdistan have welcomed the oil ministry’s announcement on Tuesday to put all signed production sharing contracts (PSCs) into the public domain.

22 September 2011
Exploration & Production

Indonesia forges ahead with ambitious East Natuna development

Indonesia’s gas reserves at its Arun LNG liquefaction station are running out, and the government is keen to develop the East Natuna gas field to help the country deal with its rising gas consumption.

22 September 2011
Exploration & Production

OMV to increase focus on upstream, gas to power

Austrian oil and gas company OMV plans to divest €1 billion ($1.3 billion) in refinery and marketing assets until 2014 in order to increase its focus on upstream and gas to power projects, the company’s CEO, Gehard Roiss, said in a presentation to journalists and analysts late on Wednesday.

22 September 2011
Exploration & Production

CBM Asia expands Indonesian coal-bed methane acreage

CBM Asia has acquired majority stakes in an Indonesian CBM concession adjoining BP/Eni’s Sanga Sanga PSC in East Kalimantan – the first to supply CBM to an LNG plant anywhere in the world – and in Central Sumatra, not far from the Trans Sumatra gas pipeline and Chevron’s Duri oilfield steam flood operation.

21 September 2011
Exploration & Production

New drilling rigs key priority for SOCAR

State Oil Company of the Azerbaijani Republic (SOCAR) is in need of a new drilling rig for prospecting work, SOCAR President Rovnag Abdullayev told reporters on Wednesday.

21 September 2011
Exploration & Production

Indonesia announces successful auction of oil and gas blocks

Evita Legowo, the Indonesian Energy Ministry director said in a statement released online today that the country had successfully auctioned nine out of 11 oil and gas blocks in the first bidding round held this year.

21 September 2011
Exploration & Production

Shell and QGEP swap strategies in Brazilian market

QGEP Participacoes, an exploration subsidiary of Brazilian industrial group Queiroz Galvão, has finalised a deal with the local unit of Royal Dutch Shell to buy a 30% stake in an offshore exploration block in the Santos Basin.

21 September 2011

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