Limassol, Cyprus. Total has installed an operations base at the port in preparation for drilling in Block 11. (PA) Exploration & Production

Cyprus centre stage in challenging East Med picture

The efforts of Israel, Lebanon and Turkey to develop their offshore resources could hinder Cyprus from tapping its own acreage.

By James Gavin 22 June 2017
Exploration & Production

Middle East rig count up as UAE targets growth

The number of rigs targeting gas in the Middle East rose by 4.3% in May from the previous month, to 98.

9 June 2017
Exploration & Production

PTTEP and Petronas seek cooperation in disputed waters

Thailand’s PTTEP and Malaysia’s Petronas are deepening their ties in exploring and developing offshore acreage in disputed waters.

8 June 2017
Exploration & Production

Japan restarts methane hydrate production

Japan was able to restart production of methane hydrates this week after sand clogged equipment in May.

8 June 2017
Exploration & Production

PDO signs Petrofac for Oman projects

Petroleum Development Oman has selected Petrofac for engineering, procurement and construction management support services for oil and gas projects in Oman.

8 June 2017
Exploration & Production

Gazprom signs field development MOUs in Iran

Gazprom has signed memorandums of understanding with Iran on participation in the development of four fields.

8 June 2017
Exploration & Production

Philippine Supreme Court Justice calls for defence of SCS territory

Philippine Supreme Court Justice Antonio Carpio has published a scathing attack on President Rodrigo Duterte’s calls for collaboration with China in the West Philippine Sea.

7 June 2017
Exploration & Production

Guyana gives Exxon production licence for Liza project

Guyana has granted an oil production licence to ExxonMobil for the Liza project in the country’s offshore Stabroek Block.

6 June 2017
Exploration & Production

Zion spuds Megiddo-Jezreel well

Zion Oil & Gas has started drilling the Megiddo-Jezreel 1 deep onshore well, which is located in the Jezreel Valley in Israel.

6 June 2017
Gabriel Obiang Lima has revealed the shortlist of Fortuna LNG’s offtakers. (Africa Oil & Power) Exploration & Production

Equatorial Guinea reveals offtaker shortlist for Fortuna

Equatorial Guinea has shortlisted three offtakers for the Fortuna FLNG plant, but the FID on the project looks likely to slip.

6 June 2017
The Dolphin platform offshore Trinidad. Shell now has significant assets in the country. (Shell) Exploration & Production

Shell joins dots in Trinidad-Venezuela puzzle

Shell has beefed up its offshore presence in Trinidad and Tobago, bringing the supermajor a step closer to Venezuela’s giant untapped fields.

6 June 2017
A Green Dragon gas facility in China. The CBM player is experiencing financial difficulties. (Green Dragon) Exploration & Production

Financial woes hit China CBM player Green Dragon

UK-listed Green Dragon Gas may be forced to sell its CBM assets if the company cannot solve its cashflow problems.

6 June 2017
Exploration & Production

BPTT sanctions Angelin project

BP Trinidad and Tobago has given the green light to development of its Angelin gas project, which will include the construction of a new offshore production facility.

5 June 2017
Exploration & Production

Malaysian SK316 stake stale proceeds to second stage

The sale of a $1 billion stake in the SK316 offshore gas block in the Malaysian state of Sarawak has advanced to the second stage.

5 June 2017
Exploration & Production

Irish parliament expected to ban fracking this week

The lower house of Ireland’s parliament has approved a law to ban fracking in the country, and the upper house is expected to do the same this week.

5 June 2017
The North Rankin platform in the North West Shelf.  (Woodside) Exploration & Production

High CO2 increases costs of Woodside’s Browse plans

Woodside’s plan to develop its Browse gas assets will be challenged by the fields’ high carbon dioxide content, which will drive up costs.

5 June 2017
Exploration & Production

China has 80 btoe of methane hydrates – ministry

China has an estimated 80 billion tons of oil equivalent of methane hydrates, the Ministry of Land and Resources said on Friday.

2 June 2017
Exploration & Production

PetroChina subsidiary to have 500 MMcm new capacity by winter

PetroChina’s Qinghai Oilfield subsidiary will have 500 million cubic metres of new production capacity in time for the 2017-2018 winter heating season.

2 June 2017
Exploration & Production

Russia keen to keep working with Kurdistan – Lavrov

Russia would like to continue working with Iraqi Kurdistan on oil and gas developments, Russian Foreign Minister Sergei Lavrov said on Friday.

2 June 2017
UAE Energy Minister Suhail al-Mazrouei at the OPEC meeting in Vienna in May. (PA) Exploration & Production

Abu Dhabi pivots from LNG to domestic sour gas

Abu Dhabi is looking to revive plans to develop its sour gas reserves rather than prioritising LNG imports.

2 June 2017
Exploration & Production

Cheap US shale gas forcing out Canada’s Nova Scotia projects

Canada will lose gas output from two projects off the coast of Nova Scotia as the country faces increased competition from cheaper United States shale gas.

1 June 2017

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