Chemicals and oil products group Ineos' subsidiary Ineos UK SNS has agreed to acquire a majority stake in two West of Shetland exploration licenses from Siccar Point Energy. The area, called the Northern Gas Fields, contains the estimated 1-3 Tcf recoverable Lyon prospect…
Independent Oil and Gas says it will drill a well on its Harvey license in the UK southern North Sea within two years, after a new report estimated 45-286 Bcf on the block. The competent person's report by ERC Equipoise says the…
With the entry of ExxonMobil, East Africa has entered the gas business for the long term. Can South Africa catch up? EIC’s Andrew Scutter sets the scene. Over the last decade, recent oil and gas discoveries across East Africa have made the region a key frontier for hydrocarbon exploration…
Independent Oil and Gas (IOG) has submitted the field development plan (FDP) for the Vulcan Satellites hub development in the UK North Sea to the Oil and Gas Authority (OGA). The Vulcan Satellites FDP covers the three 100%-owned and operated Southern North Sea gas fields…
Norwegian energy consultancy Add Energy and Australian firm Transborders Energy (TBE) are working together, with help from MODEC and TechnipFMC, to create a fast deployment business model for floating liquefied natural gas (FLNG) concept to access small-scale stranded resources…
Russian gas giant Gazprom Neft says it has made a new discovery containing 255 million tonne of oil equivalent (ca.1.8 bn boe) in place on the Ayashsky license block, in the Okhotsk Sea. The Ayashsky block in the Okhotsk Sea forms part of the Sakhalin-3 project…
Chevron has started LNG production at the Wheatstone Project in Western Australia. The first cargo is on track to be shipped in the coming weeks. At full capacity, the Wheatstone Project's two train LNG facility will supply 8.9 MTPA of LNG for export to Asia…
Production has resumed at the Tamar gas field offshore Israel after a crack was found in an emission pipe used to release natural gas and pressure, according to partner Delek Drilling. Noble was performing upgrade and improvement as planned…
CATS Management Limited (CML) has signed a heads of terms with Premier Oil and Dana Petroleum to develop the infrastructure for the Tolmount field in the Southern North Sea. CML and Dana Petroleum will jointly construct and own the Tolmount platform and export pipeline in equal shares…
Independent Oil and Gas (IOG) has signed a letter of intent and consultancy master services agreement (CMSA) with Schlumberger in relation to development of its two Southern North Sea gas hubs, the Blythe Hub and the Vulcan Satellites Hub…
Hyperdynamics will seek a two-year appraisal period to test the Fatala prospect area for commercial resources, but will go solo after partner South Atlantic Petroleum (Sapetro) decided to withdraw from the joint operating agreement (JOA)…
Baker Hughes, a GE company (BHGE) has won a major subsea contract from Petrobel for phase two of the supergiant Zohr gas field in the Mediterranean Sea, offshore Egypt. BHGE will provide project management, engineering procurement, fabrication…
Deep Gulf Energy III (DGE III) has encountered hydrocarbon pay at the Rampart Deep well in the deepwater Gulf of Mexico, according to partner Stone Energy. Deepwater Asgard. Image from Transocean…
The field development plan for the Karish and Tanin fields offshore Israel has been approved by the Israeli Petroleum Commissioner. Energean Israel, a 50/50 joint venture between Energean Oil & Gas and Kerogen Capital, plan to drill three wells…
Statoil has struck a minor gas find at a wildcat well near the Heidrun field in the Norwegian Sea where it could become a possible tieback, according to the Norwegian Petroleum Directorate (NPD). Map of 6507/8-9…
Subscribe
