Cyprus-based Energean E&P Holdings Ltd. has farmed-in and taken over as operator of the Sara and Myra license blocks about 25 mi. off the coast of Israel. [shaded blue in map at right] Six of the seven partners agreed to the farm-in, including Modiin Energy Limited Partnership…
The US Energy Information Administration (EIA) announced on 10 June that they predict US oil and natural-gas production in the Gulf of Mexico is at low risk of hurricane-related production outages for the 2014 hurricane season. The EIA…
Saudi Aramco made a deepwater oil discovery, Al-Haryd, in the Red Sea in 2013, the firm has revealed in its annual report. The discovery was one of three oil and two gas fields made by Saudi Aramco in 2013, taking its total number of discovered fields to 121…
SapuraKencana Energy Sarawak Inc. (SKE) announced the discovery of four non-associated natural gas wells in the SK408 Production Sharing Contract (PSC) area. These are the first four wells of a 10-well commitment in the SK408 PSC, a 4480sq km area…
Premier Oil has announced a gas discovery on the Singa Laut-1 well in Tuna production sharing contract (Premier Oil operator, 65%) offshore Indonesia. The well penetrated 177ft of net gas-bearing reservoir quality sands within the targeted Oligocene sequence…
Limited vessel and rig availability have meant delays on two Alpha Petroleum Resources' UK projects, the Blythe development and appraisal on the Skipper field. The firm is planning to submit a field development plan for the southern North Sea Blythe gas field project Q4…
Ophir Energy announced that partner and operator BG Group made a new gas discovery in Block 1, located in the Mafia Deep basin off Tanzania. The Taachui-1 well’s net pay amounted to 155m, with estimates for the mean recoverable resource placed at 1Tcf…
Total will exit the Shah Deniz field, following an agreement the French explorer reached with Turkish state-owned oil company TPAO. Total will sell its 10% interest in Azerbaijan field and associated South Caucasus pipeline for US$1.5 billion…
Marine terminal service company Smit Lamnalco believes it has an important contribution to make as new safety regulations for floating gas terminal facilities are drawn up. Group Business Development Manager Andrew Brown points out that although…
GDF Suez E&P UK has struck has on the UK southern North Sea (SNS) Cepheus 44/12a-6 exploration well. A gas column was found within the Permian Lower Leman sandstone, the primary reservoir target. The well was spudded on 9 March 2014 and drilled to 12…
Calgary-based Sterling Resources issued its 1Q results today, reporting US$20.5million revenue attributable to production from the Breagh gas field in the UK North Sea, and expenses of $2.6 million during the quarter. The average expected…
Operator Maersk Oil is to use a new standalone installation to develop the ultra-high-pressure, high-temperature (uHP/HT) Culzean gas field in the central North Sea about 145 miles east of Aberdeen. The field, one of the largest gas discoveries of recent years in the UK North Sea…
Woodside Energy has axed its plans to purchase a sizeable stake in Israel’s Leviathan gas project, terminating its February memorandum of understanding (MOU) with the joint venture participants, the Australian company announced 20 May. This…
Japan's JX Nippon Oil & Gas Exploration Corp., a wholly-owned unit of JX Holdings, says Petronas has approved the field develoment plan for the Layang gas field. JX Nippon intends to develop the field off the coast of the Malaysia's Sarawak state on Borneo…
Höegh LNG Holdings Ltd. has signed a letter of intent (LOI) with Egyptian Natural Gas Holding Co. (Egas) for the use of one of Höegh's floating storage and regasification units (FSRUs) – currently under construction at Hyundai Heavy Industries…