Mitsui has reached an agreement with Santos concerning the acquisition of Santos' 35% working interest in the Kipper gas and condensate field offshore Southern Australia. The sales and purchase agreement was signed on 6 November 2015 between…
Petronas has laid the keel of its second floating LNG vessel, the Petronas Floating LNG2, in Geoje Island, South Korea. JGC Group and Samsung Heavy Industries (SHI), the consortium leading the engineering, procurement, construction, installation and commissioning of PFLNG2…
Italy’s Eni encountered a new oil and condensate discovery in the Marine XII block, offshore Congo. Image from Eni. The Nkala Marine prospect is located in Marine XII block, about…
Less than eight months after its discovery, BP and the Egyptian government signed a heads of agreement to rapidly progress the development of the Atoll deepwater field offshore Egypt as early as 2018. BP's…
SapuraKencana Energy (SKE) secured the approval from Petronas for the field development plan (FDP) for the SK310 B15 gas field development project, offshore East Malaysia. The B15 field, which was discovered in December 2010, is located…
Shortly before Houston-based Noble Energy released its Q3 2015 earnings, Israeli Prime Minister Benjamin Netanyahu said that the country intends to fast-track natural gas development, especially now that the country’s economic minister, Aryeh Deri…
Chevron subsidiary Chevron Overseas (Congo) began oil and gas production from the Lianzi Field, the company’s first cross-border project between the Republic of Congo and the Republic of Angola, offshore Africa. Map of Lianzi…
Audrey Raj explains how an old deepwater field such as Malampaya continues to power the Philippines and benefit its economy. In early 2015, the Malampaya Phase 3 depletion compression platform was towed from its fabrication site in Subic Bay…
Heather Saucier speaks with Mark Randolph and Susan Gourvenec, professors at the University of Western Australia’s Centre for Offshore Foundation Systems, about deepwater geotechnical challenges, such as complex carbonates found off the coast of Australia…
The Mediterranean and North African region is largely considered to be a promising frontier oil and gas area, and yet, border tensions, and internal disputes have seriously held back exploration efforts. Audrey Leon surveys the prospects…
Chemicals company INEOS has increased acquired the 25% interest in the Clipper South gas field, further increasing its ownership in North Sea fields. INEOS had announced earlier this month its acquisition of a portfolio of natural gas assets…
A new report reveals that whilst the current environment is creating opportunities for innovation, almost half of oil and gas executives admit they have fallen short of their innovation goals. The number of respondents saying they have fallen…
Eni CEO Claudo Descalzi met with Israel’s Prime Minister Benjamin Netanyahu and Energy and Water Minister Yuval Steinitz in Jerusalem today (29 October) to discuss potential joint development of natural gas in the Eastern Mediterranean as…
Mozambique is looking forward to some US$691 million spending on exploration after naming successful bidders in its fifth licensing round. ExxonMobil, with partner Rosneft, has led the pack in bids to win new acreage, including deepwater areas…
New analysis is estimating that Eni’s Zohr natural gas discovery has significant technical, commercial, and strategic implications for the gas market in Egypt, according to IHS Energy. Map of Zohr…
Subscribe
