BP and Statoil seek better terms in Algeria
High production costs have forced Algeria’s hand to negotiate better terms for IOCs in the face of security concerns at facilities such as In Salah.
4 May 2016
Tunisia’s north-south gas pipeline faces delays
Territorial disputes have forced ETAP and OMV to ‘rearrange’ the pipe-laying schedule for the South Tunisian Gas Pipeline, sources have said.
22 April 2016
Oil and gas sector in need of military discipline
Ex-service personnel are increasingly moving up the management ranks in oil and gas companies to lead efficiency programmes.
22 March 2016
Efficiency the word as company margins squeezed
The low price of oil is forcing firms to look for new ways to make savings and to consider new alliances.
18 March 2016
Ireland’s offshore drillers seek low-cost solutions
Ireland’s Department of Energy has published its first Atlantic margin licensing round map, and contractors are looking for low-cost solutions to secure work.
2 March 2016
Second-tier E&P; companies feel the strain
While majors are able to weather the storm of low oil prices, smaller companies are having a much harder time.
25 February 2016
Irish licensing round pulls in the big names
Statoil and ExxonMobil have partnered to secure six licences in Ireland’s latest licensing round, while China has made its first foray into Irish waters with four options awarded to Nexen.
12 February 2016
No silver bullet to cut decommissioning costs
Tax breaks, new lifting vessels and cheap oil will help companies scrap their ageing North Sea infrastructure, but experts say there is no ideal solution.
10 February 2016
Lack of funding dampens Irish optimism
The Irish government will announce the results from its latest licensing round soon, but they are unlikely to be met with much enthusiasm from struggling E&P; companies.
3 February 2016
Desperate times ahead for Petroceltic
Cash-strapped, asset-stripped Petroceltic has again run out of money to pay its debts, and it may be looking to backroom dealings to help it avoid default.
19 January 2016
LNG carrier pool could transform spot charter market
The arrival of the Cool Pool could be a lifeline for shipping companies struggling to fill order books.
14 January 2016
Corrib still plagued by statutory challenges
Ireland’s Corrib field saw in the new year with a potential breach of its pollution licence, but other legal challenges are likely to prove bigger problems.
7 January 2016
Biogas seeing popularity growth in Europe
Generous subsidies and a drive for cleaner energy have seen biogas projects in Europe grow by 18% over the last year, but the sector is still dominated by small companies.
23 December 2015
Ireland faces up to supply security vulnerability
Dublin is taking steps to remedy Ireland’s susceptibility to gas supply disruptions, but the country's high cost base and a desire to keep costs down may be problematic.
16 December 2015
Technical prowess lends Statoil an Arctic edge
Companies are working hard to increase the length of their exploration season in the Arctic, with Statoil announcing it has found a way to reduce breakeven costs.
15 December 2015
Norway to lead the way in Arctic exploration
Excitement over Norway’s 23rd licensing round could put it on course to produce the first Arctic gas.
11 December 2015
Low LNG demand fosters shipping glut
Shipping activity is accelerating, but it is doing so on the back of supply factors, not demand, which could leave some sellers finding it difficult to turn a profit.
8 December 2015
Storm gathering for LNG EPC sector
Engineers specialising in LNG are facing a crunch as the rapid pace of expansion seen in the sector over the past few years starts to slacken.
20 November 2015
Strong interest delays award of Irish Atlantic acreage to 2016
Ireland is delaying awarding its offshore licences until early next year, following the unexpectedly high interest in its recent bidding round.
9 November 2015
Poland’s 2016 tender could be nail in shale coffin
Poland is preparing for a public tender of new oil and gas acreage next year, but of the 10 blocks on offer seven are conventional, suggesting the Polish shale revolution is all but dead.
2 November 2015About 68 article(s) for Astrid Madsen