China will struggle to hit its CBM output targets as investment in developing the unconventional gas lags behind shale and other sources. Exploration & Production

Low investment clouds China CBM outlook

China will struggle to hit its CBM output targets as investment in developing the unconventional gas lags behind shale and other sources.

By Colin Shek and Tang Tian 26 July 2017
Exploration & Production

Brazil’s OGX to bring in partner for Campos Basin projects by year-end

Brazilian independent, OGX Petroleo e Gas Participacoes SA (OGX), is receiving offers for stakes in its deep-water blocks in the Campos Basin and its gas fields in Parnaiba.

20 June 2011
Exploration & Production

CNPC’s South Pars gas deal imperiled by delays

China’s largest oil and gas producer, China National Petroleum Corporation (CNPC), has been advised by Iran that it must fulfill obligations to develop Phase 11 of Iran’s South Pars Gas Field or risk cancellation of its contract, Reuters reported 18 June.

20 June 2011
Exploration & Production

Evaluate Energy reports surge in Latin American drilling

Oil and gas exploration in Latin America is booming, with year-on-year rig activity rising by at least 15% in five of the region’s producing countries, according to research by UK-based energy information specialist Evaluate Energy.

17 June 2011
Exploration & Production

Kazakhstan likely to gain entry to Karachaganak by autumn

Kazakhstan’s Oil and Gas Ministry has reached a preliminary agreement to develop the giant Karachaganak gas field, following several years of negotiations with the Karachaganak Petroleum Operating (KPO) consortium headed by BG Group and ENI.

17 June 2011
Exploration & Production

India’s petroleum ministry criticised

India’s Comptroller and Auditor General (CAG) has criticised the country’s petroleum ministry for allegedly showing undue favour to private companies including Reliance Industries and Cairn Energy, local newspaper Business Standard said today.

16 June 2011
Exploration & Production

Trinidad and Tobago plans September bidding round

Trinidad and Tobago plans to launch a new oil and gas bidding round in September, Reuters reported the country’s energy minister, Carolyn Seepersad-Bachan, as saying on Wednesday.

16 June 2011
Exploration & Production

Gazprom and Pakistan’s Shahzad discuss projects

Gazprom Export is in discussions with Pakistan’s Shahzad International, a privately held group that includes Pakistan companies from the energy sector, about the possibilities of taking part in oil and gas projects, Gazprom said. Discussions were held during the Pakistan delegation visit to Moscow.

16 June 2011
Exploration & Production

China Gas to develop coal-bed methane project

China Gas Co Ltd, a Hong Kong-listed firm engaged in the natural gas business, has signed an agreement to develop a coal-bed methane project in Pingdingshan City, Henan Province, sources reported.

16 June 2011
Eirik Raude semi-submersible rig operating on the Jubilee Field. Ghana has been keen to develop its hydrocarbons reserves to bring in revenue and boost the economy by providing work in the sector for local companies. (Tullow Oil) Exploration & Production

Gas set for key role in Ghana’s hydrocarbons sector

Gas has been present in many finds and both the Ghanian government and the oil companies involved are eager to tap it for both the domestic market and, if there is enough of it, for export.

15 June 2011
Five years after Royal Dutch Shell and Qatar Petroleum made the final investment decision on the Pearl gas-to-liquids project, which saw a host of unforseen challenges, Shell can finally breathe a sigh of relief and reap the rewards. (PA) Exploration & Production

Shell's big pay off

Five years after Royal Dutch Shell and Qatar Petroleum made the final investment decision on the Pearl gas-to-liquids project, which saw a host of unforseen challenges, Shell can finally breathe a sigh of relief and reap the rewards.

15 June 2011
Exploration & Production

Power investor looks for new projects

Investment fund Globeleq is looking for new investment opportunities in Tanzania and the wider East African region, and is currently in negotiations over various projects, a senior executive told Interfax in an exclusive interview.

15 June 2011
Exploration & Production

First products cargo from Pearl GTL

Qatar Petroleum and Royal Dutch Shell have sold the first commercial shipment of gasoil from the Pearl gas-to-liquids (GTL) plant in Ras Laffan, Qatar.

13 June 2011
Exploration & Production

Construction of Xinjiang Coal Electrochemical SNG project commences

Xinjiang Coal Electrochemical Co., a subsidiary of state-run China National Coal Group Corp (ChinaCoal), has started construction of a coal to synthetic natural gas (SNG) project in the Zhundong Basin, Xinjiang Uyghur Autonomous Region.

13 June 2011
Exploration & Production

Petrofac increases stake in Seven Energy

Petrofac has increased its stake in Nigerian exploration and production company Seven Energy from 12.6% to 24.5% with a $75 million investment.

10 June 2011
Exploration & Production

Mitsui buys stake in European shale project

Japan’s Mitsui has agreed to buy a 9% interest in 10 of Marathon Oil Corporation's Paleozoic shale gas exploration concessions in Poland.

9 June 2011
Exploration & Production

Nigerian insurgents threaten Eni

Nigerian insurgents have threatened to disrupt oil operations in the Niger Delta, singling out Italy’s Eni as a target for attacks.

9 June 2011
Exploration & Production

Wood Group Wagners secures GLNG contract

Wood Group Wagners, a joint venture between UK-based Wood Group and Australia’s Wagners, has secured a A$40 million ($42.33 million) project management contract for the Gladstone LNG (GLNG) pipeline project in Queensland, Australia.

9 June 2011
Exploration & Production

Poland’s KOV to start drilling in Syria in July

Kulczyk Oil Ventures (KOV) and its joint venture partners have executed a drilling rig contract with Sinopec for a drilling rig in Block 9 in Syria.

9 June 2011
Exploration & Production

Central Resources buys six Brazilian oil and gas concessions

Central Brazil Coöperatief, an affiliate of United States (US) based Central Resources, has acquired six oil and gas concessions in Brazil from a unit of Koch Industries.

8 June 2011
Exploration & Production

Tanzanian exploration well gets the go-ahead

Tullow Oil and partners Aminex and Solo Oil have received permission from the Tanzanian government to drill the Ntorya-1 well in the onshore Mtwara block, part of the Ruvuma Basin.

7 June 2011

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