Offshore Natural Gas News - page 3


Court Order Threatens Leviathan Output

Dec 18, 2019

Companies developing the huge natural gas field Leviathan will try to convince an Israeli court on Wednesday to remove an injunction that threatens to delay production due to environmental concerns.On Tuesday, the Jerusalem District Court, in a surprise decision…

A Blue/Green Energy Revolution

Dec 17, 2019

A seismic shift in the dialogue around big oil and climate has occurred in the past 12 months. It’s a change in how big oil is orientating itself around what many call the energy transition. Climate goals - governmental, international and industry…

Subsea 7 to Install Risers at Lingshui 17-2

Dec 17, 2019

Services firm Subsea 7 said it has been awarded a contract to install risers for CNOOC’s Lingshui 17-2 gas field development project in the South China Sea.The contract from Offshore Oil Engineering Co. (COOEC) — worth between $50 million and…

BP Confirms 'World Class' Gas off Mauritania and Senegal

Dec 16, 2019

BP announced on Monday that its three-well drilling program offshore Mauritania and Senegal encountered gas in 'high quality', confirming the supermajor's confidence in the 'world-class scale' of the hydrocarbon resources in the West African region…

Turkey Launches Oil Exploration Drone

Dec 16, 2019

A Turkish drone meant to help seek hydrocarbons in the eastern Mediterranean landed at an airport on the divided island of Cyprus on Monday, a Turkish official said, in a move that could further stoke tensions between Turkey and Greece.The breakaway…

Malaysian State Open to Buying Petronas Stake

Dec 11, 2019

Malaysia's Terengganu state said on Wednesday it was open to buying a stake in national energy giant Petronas, after Prime Minister Mahathir Mohamad said he was considering such a sale to raise funds for his heavily-indebted federal government…

Neptune Buys East Sepinggan Stake

Dec 05, 2019

Neptune Energy has acquired from Eni a 20% participating interest in the in the East Sepinggan area offshore Indonesia.Eni, with 65% interest, will continue to be the operator of the area which is located in the East Sepinggan area, offshore East Kalimantan in Indonesia…

Santos Lifts 2025 Production Forecast

Dec 03, 2019

Santos Ltd on Tuesday increased its forecast for 2025 production by 20% underpinned by oil and gas projects it plans to develop in Australia and Papua New Guinea.The company plans to produce 120 million barrels of oil equivalent (mmboe) a year by 2025…

Leviathan Gas Exports Expected by Month's End

Dec 02, 2019

Israel's largest offshore natural gas field, Leviathan, will begin supplying the local market by the end of this month, with exports to Egypt and Jordan following shortly after, an official from the field's operator said on Monday.'Within 2-3 weeks we will open the wells and start to supply the gas…

Energean Targets Net Zero Carbon Output by 2050

Dec 02, 2019

Mediterranean-focused oil and gas producer Energean has joined a U.N.-backed initiative and committed to reducing its net carbon emissions to zero by 2050, its chief executive said on Monday.Oil and gas producers have come under heavy pressure…

OMV Petrom Ready to Develop Black Sea Gas Field

Dec 02, 2019

Romania's OMV Petrom is ready to press on with a multibillion euro investment in the giant Black Sea gas project it holds with ExxonMobil once Bucharest's new government lifts regulatory barriers to doing so, it said on Monday.A final investment…

Subsea Tieback Research Hub Opens in WA

Nov 29, 2019

A new research and technology center backed by Chevron and Woodside has been launched at The University of Western Australia (UWA) to study long subsea tiebacks.The Center for Long Subsea Tiebacks laboratory located at UWA will focus on long…

Topside Floated for Dongfang Gas Field

Nov 28, 2019

ALE 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 South China Sea to support natural gas development in the region.The Dongfang gas…

Mexico to Build Pipeline From Port of Tuxpan to Yucatan Peninsula

Nov 27, 2019

Mexico will soon launch a tender for the construction of a pipeline to bring natural gas from the eastern port of Tuxpan to the cities of Merida and Cancun in the Yucatan peninsula, President Andres Manuel Lopez Obrador said on Wednesday.Speaking at a regular news conference…

Total Criticizes EIB's Decision Not to Finance Gas

Nov 21, 2019

Total criticized on Thursday the European Investment Bank's decision to stop financing all fossil fuel projects including gas, saying companies that might switch to gas-fired power plants from heavy-polluting coal could now reconsider.'I think…

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