Offshore Natural Gas News - page 3


Eni Starts Production from Baleine Field in Côte d’Ivoire

Aug 28, 2023

Eni has started production of oil and gas from the Baleine Field, located in the waters offshore Côte d’Ivoire.The milestone comes less than two years after the discovery in September 2021 and less than a year and a half after final investment decision…

LNG: Asian Spot Prices Fall as Woodside Averts Strike

Aug 25, 2023

Asian spot liquefied natural gas (LNG) prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days.The average…

Israel Will Expand Gas Exports to Egypt

Aug 23, 2023

Israel on Wednesday said it will boost natural gas production from its offshore Tamar field and increase exports to Egypt, which is contending with rising demand and falling output.Exports to Egypt will be increased by an additional 38.7 billion cubic meters (bcm) of natural gas over 11 years…

Wintershall Dea Starts Production at Dvalin Field Off Norway

Aug 23, 2023

Wintershall Dea on Wednesday announced it has started production from the Dvalin gas field in the Norwegian Sea together with the partners Petoro and Sval Energi, providing significant new gas volumes to the European market.The field helps underpin…

Australia LNG Strikes Would Need to Last Over a Month to Spike Prices, Analysts Say

Aug 22, 2023

Threatened strikes by workers at Australian liquefied natural gas (LNG) providers would need to last more than a month to significantly push up global prices, analysts said this week.The Woodside Energy and Chevron operations supply about 10%…

Wison’s FLNG FEED Design Earns AIP from ABS

Jun 26, 2023

Classification society ABS announced it has granted approval In principle (AIP) to Wison Offshore and Marine’s (WOM) Extended FEED on its standardized 3.5 MTPA floating liquefied natural gas (FLNG) design.WOM has said the standardized design…

Petrobras Says Reinjection of Gas in Wells is Essential to Oil Production

Jun 22, 2023

Brazil's state-run oil company Petrobras said on Thursday the reinjection of natural gas in wells is essential to its oil production, especially in its pre-salt fields.Speaking at an event, its Chief Executive Jean Paul Prates also said the…

OMV Petrom and Romgaz Take FID on Neptun Deep

Jun 21, 2023

OMV Petrom, the largest integrated energy company in South-Eastern Europe, and Romgaz, the largest producer of natural gas in Romania, have approved the development plan for the Domino and Pelican South commercial natural gas fields in the Neptun Deep block…

Qatar Strikes Second Big LNG Supply Deal with China

Jun 20, 2023

Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.China National…

Cyprus Seeks Mediterranean Gas Link to Israel

Jun 20, 2023

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters.Proposals by the new centrist Cypriot government, which came to power in March…

TotalEnergies Prepares for Mozambique LNG Restart

May 23, 2023

French energy company TotalEnergies will make good on an action plan to address the rights of residents near its Mozambique LNG project over the summer, the oil major said on Tuesday, taking a step closer towards a restart.'At this time there is no date for a restart…

Vietnam's PM Approves $135 Billion Power Plan for 2030

May 15, 2023

HANOI, May 16 (Reuters) - Vietnam said on Tuesday it has approved a long-awaited power plan for this decade, in a move meant to boost wind energy and gas, while reducing reliance on coal.Known as PDP8, the plan aims to ensuring energy security…

Eni CEO Sees No Major Energy Price Upsets in 2023

May 01, 2023

The CEO of Italian oil and gas company Eni, Claudio Descalzi, has said he does not expect any 'big shocks' on the energy markets this year.'European gas storages are full and, although the global economy has restarted, demand is not at its highest because China has not yet resumed full operations…

UK Court to Hear Greenpeace Challenge to Oil and Gas Licensing Round

Apr 24, 2023

Britain's High Court is expected to decide on Tuesday whether to grant Greenpeace permission to proceed with a challenge to the country's last oil and gas licensing round on climate grounds, the activist group said on Monday.Last year Britain…

Exxon Considers Selling Stake in LNG Terminal Offshore Italy

Mar 16, 2023

Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…

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