Total’s Offshore Cyprus Block 11 Could Rival Egypt’s Zohr Natural Gas DiscoveryJan 12, 2017Driven by the success of Eni’s major Zohr Field gas discovery offshore Egypt in 2015, companies are rethinking the Eastern Mediterranean region’s gas potential, according to new analysis from IHS Markit...
Demand for Norwegian GasJan 11, 2017A new record for gas exports from Norway was set in 2016, when 108.56 billion standard cubic metres (scm) were delivered within Gassco’s operatorship...
S&P Global Platts – Oil and Gas Outlook 2017Jan 9, 2017S&P Global Platts, the independent provider of information and benchmark prices for the commodities and energy markets, offers an overview of the key trends and themes to watch for in 2017.
Statoil to Increase Exploration Drilling in 2017Jan 4, 2017Statoil reports plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016.
BP and PTT Sign LNG Sale and Purchase AgreementJan 2, 2017BP and PTT Public Limited Company have entered into a sales and purchase agreement for liquefied natural gas (LNG).
Statoil to Drill Exploration Well in the Norwegian SeaJan 2, 2017The Petroleum Safety Authority (PSA) Norway has given Statoil consent to drill exploration well 6507/3-12 in the Norwegian Sea.
Conclusion of Tanzania DrillingDec 29, 2016Ophir and its joint venture partners, BG Tanzania (Shell) and Pavilion Energy, have concluded the drilling of two exploration wells offshore Tanzania...
New Natural Gas Discovery Onshore Papua New GuineaDec 29, 2016Exxon Mobil Corporation has announced a new natural gas discovery in the Papua New Guinea North Highlands, 21 kilometres northwest of the Hides Gas Field.
Empyrean Energy Granted Significant O&G Offshore PermitDec 19, 2016Empyrean Energy plc has announced that it has been awarded a permit for 100% of the exploration rights for Block 29/11, located in the Pearl River Mouth Basin, offshore China...
Total Joins SEA\LNG to Support Ambitious Growth PlansDec 16, 2016Total, the world’s fourth-ranked international oil and gas company, has joined SEA\LNG, a multi-sector industry coalition created to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.
DSME and Kongsberg Maritime Ink New Joint Development AgreementDec 9, 2016DSME and Kongsberg Maritime have signed a Joint Development Agreement (JDA) for a new LNG FSRU regasification control system.
BP Announces Start of Drilling in Southern North SeaDec 6, 2016BP has announced that drilling has commenced on a potential carboniferous gas play in southern North Sea block 43/26a that, if successful, could open up a new phase of development in the region.
BP Buys 10% Interest in Egypt’s Super-Giant Zohr Gas FieldNov 28, 2016BP has announced that it has agreed to buy from Eni a 10% interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas field, for USD 375 million.
Ivory Coast – Total Becomes the Operator of LNG Terminal ProjectNov 28, 2016The CI-GNL (Ivory Coast LNG) consortium led by Total has been awarded the rights to build and operate a liquefied natural gas (LNG) re-gasification terminal in Ivory Coast...
Oil Discovery in the Southern Barents Sea Neiden ProspectNov 23, 2016Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has completed the Neiden exploration well 7220/6-2R as an oil and gas discovery.
Total and SOCAR Sign Agreement to Develop Absheron DiscoveryNov 22, 2016Total and SOCAR, the national oil company of Azerbaijan, have signed an agreement establishing the contractual and commercial terms for a first phase of production of the Absheron gas and condensate field...
S&P Global Platts – Prices Spike Higher as French Nuclear Crisis DeepensNov 21, 2016S&P Global Platts reports that European power prices spiked higher in early November as unscheduled nuclear outages in France continued to squeeze supply margins...
Petrobras Oil and Natural Gas Production in OctoberNov 14, 2016Petrobras has announced that its total oil and natural gas production in October was 2.81 million barrels of oil equivalent per day (boed)...
New Seismic Data Obtained Using FloatSeis™ TechnologyNov 10, 2016Late October 2016, GWL explored the Barents Sea’s Norwegian shelf segment employing its new FloatSeis™ marine seismic technology.
Total Signs Heads of Agreement to Develop Phase 11 of the Giant South Pars Gas FieldNov 9, 2016Total has signed a Heads of Agreement (HoA) with the National Iranian Oil Company (NIOC) for the development of phase 11 of South Pars...
Wärtsilä’s Cooperation with ENGIE Aims at Developing Small-Scale LNG MarketsNov 8, 2016Wärtsilä has signed a Memorandum of Understanding (MoU) with the French multinational energy company ENGIE, to develop solutions and services within the small scale LNG...
Chevron Announces First Gas at UK Alder FieldNov 8, 2016Chevron North Sea Limited has announced it has started production at Alder, a high-pressure, high-temperature (HPHT) gas condensate field in the Central North Sea.
Dresser-Rand Business to Supply Compressor Trains to GhanaOct 18, 2016The Dresser-Rand business, as part of Siemens Power and Gas, recently secured a contract to supply two compressor trains to an onshore receiving facility in Ghana...
Oil and Gas Discovery at the Njord North Flank Exploration Well and Side-TrackOct 18, 2016Faroe Petroleum has announced an oil and gas discovery at the Njord North Flank in the Norwegian Sea (Faroe 7.5%).