A BP drillship in the West Nile Delta Projects

Getting its house in order pays off for Egypt

Egypt has been paying debts and lifting prices in a bid to attract explorers, and the effort is being rewarded.

By The Wildcat 20 April 2018
Discoveries & Reserves

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
Projects

Shell plans Marcellus shale petrochemical plant

Royal Dutch Shell is planning to build an ethylene cracker plant in the Appalachian region of the United States (US) to process ethane from the prolific Marcellus shale gas formation.

7 June 2011
Discoveries & Reserves

Indonesia’s LNG exports make way for domestic market

A growing economy, dwindling gas resources and high oil prices are leading Indonesia, the world’s third largest LNG exporter, to reduce exports and use its own LNG production to meet domestic demand.

7 June 2011
Projects

Peruvian gas policy at crossroads on the eve of elections

The gas industry in Peru is likely to go through changes regardless of who is elected president on 5 June.

3 June 2011
Projects

Syria’s plans to become regional gas hub fall short

In the context of the past few years, Syria has enjoyed a dramatic surge in gas output in the past 18 months.

3 June 2011
Projects

Shtokman volumes underpin Gazprom MOUs with India

The Shtokman gas field in the Barents Sea is the main resource base underpinning a series of three preliminary agreements between Gazprom and Indian groups GAIL, Gujarat State Petroleum Company and Petronet LNG.

3 June 2011
Unconventional Gas

Marathon Oil doubles its Eagle Ford shale holdings

Marathon Oil Corporation has agreed to buy $3.5 billion worth of Eagle Ford shale assets from Hilcorp Resources Holdings.

2 June 2011
Projects

Orca to invest in Tanzania gas drilling programme

Orca Exploration is set to spend $35 million this year on a land rig in Tanzania to drill the Songo Songo West (SSW) exploration field, and is assembling a drilling team in Dar es Salaam ready to begin work as soon as the rig is secured.

2 June 2011
Projects

Sakhalin-1 gas production to begin 2016-2017

Natural gas production under the Sakhalin-1 project will begin no earlier than 2016-2017, Gazprom Deputy CEO Alexander Ananenkov said at a press conference today. He added that production might amount to 8 billion cubic metres.

2 June 2011
Projects

Israel’s Premium Holdings may buy stake in Leviathan shareholder

Israeli investment company Premium Holdings is looking into options to buy a 15% stake in Ratio Oil Exploration, which owns 15% of the giant Leviathan gas field off Israel’s Mediterranean coast.

2 June 2011
Projects

Iraq demands Shell gas deal be completed

The Iraqi government warned energy giant Royal Dutch Shell it must finalise a $12 billion gas gathering deal by next week or negotiations over the agreement would be terminated, Ahmed al-Shamma, the country’s deputy oil minister, said on 30 May.

1 June 2011
Projects

Rialto returns after Ivory Coast disruption

Australian explorer, Rialto Energy, said it has restarted operations in the Ivory Coast as foreign companies return to work after the overthrow of former president Laurent Gbagbo.

31 May 2011
Projects

Total buys 25% of Qatari hydrocarbon exploration licence from CNOOC

China National Offshore Oil Corporation (CNOOC), China’s leading offshore oil producer, sold a 25% stake in a licence to explore for hydrocarbons in Qatar to France’s Total, on 29 May.

31 May 2011
Licensing Rounds

BP banks on Reliance deal

BP’s failed Russian deal means that the Reliance Indian tie-up is that much more important for the company, but is it certain to go through?

31 May 2011
Projects

Indian consortium bids for 15% stake in Yamal LNG

A consortium of Indian companies, ONGC Videsh, Gail and Petronet LNG, is preparing a non-binding, indicative bid for a 15% stake in Yamal LNG, the Hindustan Times reported on Thursday.

31 May 2011
Projects

Royal Dutch Shell’s Russian talks compounds BP misery

Royal Dutch Shell moved to capitalise on the impasse reached between BP and Rosneft by holding talks over Arctic Sea exploration with the Russian company in Moscow.

27 May 2011
Projects

KOGAS ups stake in Iraq’s Akkas gas project

State-run Korea Gas Corp said, on Thursday, it has taken full ownership of the Akkas gas development in Iraq, following the withdrawal of KazMunaiGas Exploration Production from the project.

27 May 2011
Projects

India petroleum ministry to supply gas to “core” industry users

India’s government has decided to supply natural gas at regulated rates to a selection of priority consumers to allow Reliance Industries the choice to decide pricing levels. The decision will increase government revenue from the Krishna-Godavari (KG) D6 field once output is increased.

27 May 2011
Projects

ConocoPhillips secures Bangladesh drilling permission

Bangladesh has given United States oil major ConocoPhillips permission to drill for oil and gas in two deep sea blocks.

26 May 2011
Unconventional Gas

Obstacles loom large for South African shale gas

Shale gas reserves could make a valuable contribution to South Africa’s efforts to cut carbon emissions and improve energy security. But a government moratorium on exploration and strong opposition

23 May 2011

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