Gas News

Rocksource's Ivory disappoints

Dec 02, 2014

Rocksource said it encountered a thick well-developed basin floor fan sand with a gas-accumulation at the top in the Kvitnos target in the PL 528 Ivory exploration well in the Norwegian Sea. In the deeper Lysing target, the well penetrated a poorer than expected water-bearing sand…

Putin: South Stream pipeline at a halt

Dec 02, 2014

Russian President Vladimir Putin said that Russia will discontinue current plans for the South Stream pipeline, citing continuing opposition from Europe, specifically Bulgaria. Instead, he announced preliminary plans to create a gas hub for southern Europe at the Turkish-Greek border…

Fosun, Roc Oil deal nears completion

Nov 17, 2014

Fosun International subsidiary Transcendent Resources has almost completed its off-market takeover bid of Roc Oil. The Hong Kong-based Fosun announced that it has received acceptances of 92.595% of all existing Roc shares, which translates to 363…

McDermott completes Ichthys installation

Nov 12, 2014

McDermott International delivered its 7,200-ton riser support structure (RSS) tower for the Ichthys project in the Browse basin, about 124mi off Western Australia. Engineered in Singapore and fabricated on Batam Island, Indonesia, the RSS tower is more than 328ft tall…

Total: Kashagan production to resume by 2017

Nov 11, 2014

Production could resume as early as 2016 for the Kashagan oil and gas project off Kazakhstan following the replacement of pipeline infrastructure, Total’s President of Exploration and Production Arnaud Breuillac told Bloomberg. Production…

PA Resources drops Dutch blocks

Nov 10, 2014

Tulip Oil will pick up partner PA Resources’ 30% equity in blocks Q7/Q10a off The Netherlands. Under the agreement, Tulip Oil will pay a consideration of almost US$1.6 million upon completion of the transaction; further payment is contingent on certain asset milestones being met…

RWE Dea moves on Atlas

Nov 05, 2014

RWE Dea Norge has started drilling the Atlas exploration well in production license 420 after approval from the Norwegian Petroleum Directorate (NPD).   Atlas, also known as well 35/9-12 S, is located in the North Sea approximately 45km off Norway…

Total adds to Garantiana resources

Nov 03, 2014

Total E&P Norge encountered oil after drilling an appraisal well on the Garantiana prospect in production license 554 in the Norwegian North Sea. Appraisal well 34/6-3 S was drilled on Garantiana and exploration well 34/6-3 A, a sidetrack well…

Noble Energy sets Leviathan production date

Oct 31, 2014

Noble Energy has targeted an early 2018 start-up date for its giant Leviathan gas field off Israel, according to its 3Q earnings statement. In addition, the Houston-based independent received government approval for a gas delivery point for the field in the northern part of Israel…

Eni departs Heron

Oct 29, 2014

Eni's Australian subsidiary decided to shed its stake in the Heron area off Northern Australia after opting out of plans to drill a second well inside permit area NT/P68. The Italian explorer also elected to hold its current 50% share in the Blackwood area…

Exxon, OMV Petrom spud Romanian well

Oct 28, 2014

ExxonMobil started drilling the Pelican South-1 well, its third and latest prospect in the Neptun Block off Romania in the Black Sea. Pelican South-1 is being drilled by Diamond Offshore's ultra-deepwater semisubmersible Ocean Endeavor about 155km offshore…

Drilling starts at Eldfisk

Oct 22, 2014

ConocoPhillips kicked-off the drilling campaign on its Eldfisk II project with Maersk Innovator. Five wells have been pre-drilled, and the drilling operations of the remaining 35 wells has now begun. Eldfisk II is one of four fields that comprise the Greater Ekofisk Area…

DeepOcean completes Liwan contract

Oct 07, 2014

DeepOcean UK completed work on the Liwan 3-2 development offshore China. The project is part of the Liwan gas project, located 300km southeast of the Hong Kong, and includes the Liuhua 34-2 and Liuhua 29-1 fields. All three fields share a subsea production system…

Subsea7 taps Trelleborg for Nigeria

Oct 03, 2014

Subsea 7 awarded Trelleborg’s offshore unit a contract for phase two of the Erha North project, off Nigeria. Under the contract, Trelleborg will supply several tonnes of its high-temperature advanced silicone insulation solution, Vikotherm S1…

Exxon chief: US in ‘a new era of energy abundance’

Oct 03, 2014

ExxonMobil chief executive officer Rex Tillerson spoke at the first-ever Greater Houston Partnership’s “State of Energy” event, giving his perspectives on the intrinsic ties between the energy industry and the city of Houston and highlighting North America’s…

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