Offshore Natural Gas News - page 8


Yakaar-2 Offshore Well Confirms Gas Resource

Sep 24, 2019

American upstream oil company Kosmos Energy reported that the Yakaar-2 appraisal well offshore Senegal has confirmed a world-scale natural gas resource in the BP-ledYakaar-Teranga gas project.The Yakaar-2 appraisal well was drilled in approximately 2…

Energean Power FPSO Floated Out

Sep 23, 2019

A timelapse video from Energean shows the floating production, storage and offloading unit (FPSO) Energean Power being built over 10 months and then floated out from a COSCO shipyard in Zhoushan, China.The FPSO, which floated out in mid-September…

Mitsui Looks to Sell BassGas Stake

Sep 19, 2019

Japan's Mitsui & Co has put its 40% stake in the BassGas project off southeastern Australia up for sale, the company said on Thursday.Mitsui's stake in the BassGas project, which includes the undeveloped Trefoil gas project, could be worth about A$360 million ($244 million)…

Equinor Finds Gas in the Norwegian Sea

Sep 17, 2019

Norway's Equinor has discovered a gas field in its Eagle prospect in the Norwegian Sea, the energy company said on Tuesday, adding that it plans to extract resources via existing platforms in the areaThe company discovered the gas field along with Norwegian partners Aker BP and Wellesley Petroleum…

Utgard Comes on Stream

Sep 17, 2019

Norwegian energy company Equinor said it has started production from the Utgard gas and condensate field, spanning the Norwegian-UK border in the North Sea. Recoverable resources are estimated at around 40 million barrels of oil equivalent (boe) and daily production on plateau will be around 43…

Aasta Hansteen Output Can Exceed Max Capacity

Sep 11, 2019

Norway's Aasta Hansteen field, which exports gas to Britain and other European countries, has on several occasions produced more than its maximum level, pipeline operator Gassco and operator Equinor told Reuters.Located in the Norwegian Sea…

Woodside Looks to Sell Gas Assets

Sep 10, 2019

Australian oil and gas producer Woodside is seeking to reduce its stakes in the Scarborough gas field at home and in Canada's Kitimat liquefied natural gas (LNG) project to cut its capital exposure, its chief executive told Reuters on Tuesday…

Sleipnir Installs Leviathan Topsides

Sep 09, 2019

The topsides for Noble Energy’s Leviathan development in the Mediterranean were installed this weekend by the world's largest crane vessel, offshore contractor Heerema Marine Contractors announced.Sleipnir installed the Leviathan development’s two main topsides with a total weight of 24…

Dongfang Topside Floated Out in China

Sep 05, 2019

Heavy lift and transport company ALE said it performed an 18,000t topside load-out and floatover transportation from a yard in Zhuhai, China. The topside will form part of a new offshore platform in the Dongfang gas fields in the South China Sea to support natural gas development in the region…

Total Eyes $10 Billion North Sea Investments

Sep 03, 2019

French energy producer Total could invest up to $10 billion in the North Sea over the next five years but cost discipline must be maintained as a matter of urgency, Chief Executive Officer Patrick Pouyanne said on Tuesday.As part of its efforts…

Brazil Oil Production Jumps 7% in July

Sep 03, 2019

Brazilian oil production increased to 2.77 million barrels per day (bpd) on average in July, up 7% from a year earlier, local oil and fuels regulator ANP said on Monday.Natural gas production also increased by 7% in July from the same month last year to 124 million cubic meters…

Bayu Undan Gas Contracts Updated

Sep 02, 2019

Liquefied natural gas producer ConocoPhillips announced new production sharing contracts with East Timor for the ageing Bayu Undan gas field on Saturday, following the implementation of a new maritime border with Australia.The gas condensate deposit in the Timor Sea…

SSE Selling North Sea Gas Fields

Sep 02, 2019

British energy provider SSE has kicked off the process to sell its 140 million cubic feet per day portfolio of North Sea gas fields in a single package, a sale document seen by Reuters showed.SSE said in May it was looking to sell its gas production assets…

Maintenance to Cut Troll Field Gas Output

Aug 28, 2019

Norway's Troll gas field, the country's largest gas export source to Britain and continental Europe, will see its output availability cut by 1.8 billion cubic meters (bcm) in 2020, early maintenance estimates showed on Wednesday.The estimates…

Noble Makes Discovery off Equatorial Guinea

Aug 27, 2019

Noble Energy has made a new discovery in Block 1 offshore Equatorial Guinea, with the U.S. company expecting to produce new oil by tapping into existing infrastructure by October, the oil minister said on Tuesday.'We are excited to announce this discovery…

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