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Discoveries & Reserves

Norway’s answer to declining oil and gas production

The Norwegian Petroleum Directorate has released a report on the country’s production for 2011, laying out how it plans to combat dwindling petroleum production. Astrid Madsen reports.

13 April 2012
Projects

Team boards Elgin for top-kill operation

A team of 11 people has boarded the Elgin wellhead in the UK North Sea, to prepare the site for a top-kill operation, Total has announced.

13 April 2012
Licensing Rounds

BC LNG Export Cooperative granted 20-year export licence

The Canadian federal government has granted the BC LNG Export Cooperative a 20-year export licence for its proposed LNG plant on the Douglas Channel in Kitimat, British Columbia, which would ship up to 1.8 mtpa to Asia.

13 April 2012
Projects

ExxonMobil to keep oil contracts in Kurdistan pending central government approval

Baghdad may let ExxonMobil keep three of the six oil contracts it signed with the Kurdistan Regional Government last year if they meet with the central government’s approval, Deputy Prime Minister for Energy Hussain al-Shahristani told The Associated Press on Thursday.

13 April 2012
Discoveries & Reserves

Chariot complete Mauritania licence award

The Mauritanian government approved the award of a 90% stake in the Block C19 concession to Chariot Oil & Gas on Friday.

13 April 2012
Projects

Jiangsu SOEs form coal gas venture in Xinjiang

Five state-owned enterprises in Jiangsu Province have formed a joint venture (JV) to develop CTG projects in the Xinjiang Uyghur Autonomous Region, one of the JV’s stakeholders announced on Friday.

13 April 2012
Discoveries & Reserves

PetroChina’s Changqing Oilfield to produce 29 bcm

China National Petroleum Corp.’s (CNPC’s) giant Changqing Oilfield in the Ordos Basin is expected to produce 29 billion cubic metres of gas in 2012, Liu Xinshe, an engineer with PetroChina Changqing Oilfield, told Interfax on Thursday.

13 April 2012
Unconventional Gas

Asian consortium, Shell in talks to develop liquefaction plant

With Asian customers forced to pay record LNG prices, a consortium of Asian companies have entered into talks with Royal Dutch Shell to jointly develop a liquefaction plant in Western Canada, sourcing gas from their shale assets, The Nikkei reported on Thursday.

13 April 2012
Unconventional Gas

BasGas shale gas exploration licence revoked by Czech ministry

The Czech Republic's minister for the environment, Tomas Chalupa, has revoked provisional shale gas exploration licences granted to a subsidiary of Australia's Hutton Energy, BasGas Energia, citing local opposition and procedural errors.

13 April 2012
Projects

Woodside, Shell permit sparks environmental backlash

The Australian arm of the World Wildlife Fund (WWF) on Thursday called on the oil and gas sector and the Australian government to make firm commitments on issues of conservation and biodiversity, in response to news that Woodside Petroleum and Royal Dutch Shell had won exploration permits in an environmentally sensitive area.

13 April 2012
Unconventional Gas

US, Japan look for ‘fire in the ice’

Gas hydrate could become the industry’s next game-changer, offering gas-poor countries such as Japan the potential for significant domestic supplies. But can it be produced at the right price?

11 April 2012
Projects

Kidnapping of Peruvian gas workers is ‘isolated incident’, says expert

Swedish construction company Skanska has told Interfax that 29 of its employees working in Peru’s flagship Camisea gas field are still being held hostage in the country’s Amazon jungle.

11 April 2012
Discoveries & Reserves

Zimbabwe struggles to find CBM investors

The Zimbabwean government is still struggling to attract investors to help develop the Lupane CBM deposit five years after the project was first proposed.

11 April 2012
Projects

SOCAR to sign gas agreement with BP in 2012

The State Oil Company of the Azerbaijani Republic (SOCAR) has said a new production sharing contract will be signed with BP and other companies exploring the Azeri-Chirag-Guneshli (ACG) fields before the end of this year.

11 April 2012
Discoveries & Reserves

CNOOC signs PSC with Eni for deepwater block

China National Offshore Oil Corp. Ltd. (CNOOC Ltd.), the listed arm of the country’s leading offshore energy producer, has signed a production sharing contract (PSC) with Eni for a deepwater block in the South China Sea, CNOOC Ltd. announced on Wednesday.

11 April 2012
Projects

TNK-Brasil completes testing of Solimoes river well

Brazil's HRT and TNK-BP subsidiary TNK-Brasil have wrapped up testing of the 1-HRT-5-AM well at the Solimoes river basin block SOL-T-192, having achieved daily gas flow of 370Mcm.

11 April 2012
Discoveries & Reserves

RWE to start drilling in Caspian Sea shelf

A unit of Germany's RWE will start drilling on the Turkmen part of the Caspian Sea shelf in the first quarter of 2013, a Turkmen government official said on Wednesday, Reuters reported.

11 April 2012
Projects

'Developing shale gas reserves in Saudi Arabia will prove challenging'

Developing shale gas reserves in Saudi Arabia will be a challenge because of low permeability and deep reservoirs, Adnan Kanaan, general supervisor for gas reservoir management at Saudi Aramco, said in an interview with Bloomberg on Tuesday.

11 April 2012
Licensing Rounds

Petroleum agency delays push back Lebanon gas auction

Lebanon has delayed the tender of exploration blocks in the East Mediterranean as it still has not set up a petroleum committee to administer the round, Energy and Water Minister Gebran Bassil told Reuters on Tuesday.

11 April 2012
Discoveries & Reserves

Tanzania’s Ziwani well results delayed

Drilling results from the Ziwani 1 onshore exploration well in Tanzania are “so far not as expected” and have been delayed by equipment problems, Wentworth Resources said in a London Stock Exchange announcement on Tuesday.

10 April 2012

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