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Exploration & Production

Sarajevo

Bosnia aims to draw foreign capital to gas sector

Sarajevo is seeking to reduce its dependence on Russian gas transiting Ukraine by starting its own production and diversifying imports.

4 hours ago Europe & Russia
South Pars Phase 12

Tehran must go it alone to develop discoveries

Iran will have to rely on domestic resources to develop its new fields as appetite from foreign investors has dwindled as a result of US sanctions.

4 hours ago Middle East & Africa
Darwin LNG

Darwin set to expand as Santos buys out Conoco

Following a period of belt-tightening, Australia’s second-largest gas group is expanding its asset base as it looks to raise its profile in the international LNG market.

5 hours ago Asia Pacific
Russian President Vladimir Putin with Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan.

Lukoil’s Ghasha stake boosts UAE’s sour gas plans

The arrival of the Russian company completes the tendering process for the concession and is positive for the UAE’s plans to commercialise its technically challenging offshore reserves.

Yesterday Middle East & Africa
A drilling module.

CNOOC strives to reverse decline in western South China Sea

The company is starting to turn around years of declining gas output from the area with a slate of projects that demonstrate its growing deepwater prowess.

3 days ago Asia Pacific
BP's plans for operations at the Tortue field

Second Senegal FLNG may compete with Nigeria

The successful appraisal of additional fields in the Grand Tortue complex adds credence to the case for at least one more FLNG plant in Senegal, which together with Mauritania could export almost as much gas as Nigeria by the end of next decade.

3 October 2019 Middle East & Africa
An FPSO naming ceremony in China.

Sales tax ups ante in Malaysian resources battle

The intensifying political struggle over hydrocarbons in the eastern Malaysian state of Sarawak is denting investor confidence in the region.

3 October 2019 Asia Pacific
An oil platform offshore Angola

Angolan gas blocks set for bid round

The country’s latest licensing round will include non-associated gas-prone blocks for the first time.

2 October 2019 Middle East & Africa
Turkey's Yavuz drillship at a Turkish port in Kocaeli province.

Ankara mulls new moves after Eni-Total deal in Cyprus

Tensions in Cyprus are set to rise following Turkey’s angry reaction to the signing of an exploration agreement for disputed waters off the southern coast of the island.

1 October 2019 Middle East & Africa
A PetroChina facility in the Ordos Basin

PetroChina hails new shale discoveries amid modest production outlook

PetroChina trumpeted its progress on domestic unconventional oil and gas exploration on Sunday, but there are fresh signs China’s shale production is falling short of targets.

30 September 2019 Asia Pacific
A Chinese CBM drilling rig

Recent shake-ups give Chinese CBM a boost

There is increasing evidence that China is shaking up its CBM sector with the aim of boosting output far beyond the 6 bcm/y it currently produces.

26 September 2019 Asia Pacific

Netherlands ups imports from Russia and Norway in 2018

The Netherlands increased imports of piped gas from Russia and Norway as production fell at the Groningen field.

19 September 2019 Europe & Russia
Mthuli Ncube, Zimbabwe's finance minister

Invictus looks for backer for Zimbabwe gas prospect

A gas prospect in northern Zimbabwe looks promising, but political and economic chaos in the country is discouraging interest.

19 September 2019 Middle East & Africa
Naftogaz drilling in Ukraine

Black Sea tender annulment sets back Ukraine

The annulment of the Dolphin tender risks undermining investor confidence in the country rather than attracting ‘big’ foreign players

19 September 2019 Europe & Russia
one of Exxon's offshore platforms

Exxon could sell out of Vietnam’s Blue Whale

ExxonMobil may turn its back on the 150 bcm Blue Whale project offshore Vietnam, a move that would make commercial sense and pave the way for new LNG terminals.

19 September 2019 Asia Pacific
Photo showing damaged Saudi oil infrastructure

Saudi drone attacks deliver oil supply shock

The position of Saudi Arabia as a reliable supplier is at stake as the kingdom’s oil and gas infrastructure becomes more vulnerable to sabotage.

16 September 2019 Middle East & Africa
A Mahakam Block drilling rig

Indonesian gas exports set to hit 20-year low

Piped gas and LNG exports from Indonesia are expected to hit a two-decade low in 2019 as NOC Pertamina is struggling to revive falling production from the Mahakam field.

12 September 2019 Asia Pacific
An offshore platform at the Bayu-Undan field

Big decisions for East Timor as treaty is ratified

The maritime boundary treaty between East Timor and Australia has been ratified, giving the Southeast Asian nation control over valuable assets in the Timor Sea, but a strategic plan for further development is lacking.

5 September 2019 Asia Pacific
An pipelaying vessel working on the PNG LNG project

PNG’s clearance of Pasca field signals more to come

Papua New Guinea’s government has approved the country’s first offshore gas field development as it presses ahead with plans to gain more control over and rewards from its rich resources sector.

2 September 2019 Asia Pacific
Part of the Groningen gas field's infrastructure

Groningen declines could gather pace

Dutch gas production may fall more quickly as the pressure on the Groningen field mounts.

2 September 2019 Europe & Russia

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