Offshore Natural Gas News - page 76


WEC - opportunities and challenges for Russia

Oct 18, 2013

Forces transforming the global energy industry are presenting both opportunities and challenges for Russia, according to senior government and industry figures at the World Energy Congress in Korea. Alexander Novak, Minister of Energy…

UK decommissioning deeds launched

Oct 18, 2013

The first decommissioning relief deeds have been presented by new Economic Secretary to the Treasury Nicky Morgan to senior representatives from the oil and gas industry.  The deeds will provide greater certainty over the tax relief companies…

Arctic exploration challenges

Oct 15, 2013

The international hunt for resources in the arctic is unlikely to lead to confrontation, but it is possible, the SPE Arctic and Extreme Environments conference heard in Moscow today.  Former British diplomat in Russia, Sir Anthony Brenton…

BP's North Sea renewal campaign

Oct 15, 2013

After two years of planning, BP is about to launch a major renewal program on its North Sea Magnus and ETAP facilities. BP explained the program—and its long term aims—to Elaine Maslin. Operators in the North Sea are tackling a thorny…

Shutdown could affect GOM

Oct 11, 2013

Over the past week, the government shutdown has steadily crept into more sectors of the oil and gas industry. The Energy Information Administration (EIA) shuttered today, sending a message to subscribers at 1 pm ET that it would furlough…

Corporate foreign policy

Oct 10, 2013

Developing economies continue to be a core feature of global exploration efforts. Dr Peter Davis looks at managing political, societal and ethical risks in such regions. As Dick Cheney once observed, “the good Lord didn’t see fit to put…

East Africa remains hot property

Oct 09, 2013

Wood Mackenzie has predicted upstream investment in East Africa will reach US$7 billion by 2018. Martin Kelly, head of Sub Sahara Africa upstream research for Wood Mackenzie, told delegates at the East Africa Oil and Gas Conference today…

Wood Group and Siemens create JV

Oct 09, 2013

UK-based engineering firm Wood Group is to form a joint venture with Germany’s Siemens to provide integrated rotating equipment services.  The JV will comprise the maintenance and power solutions businesses of Wood Group GTS (excluding its Rolls Wood Group…

Corac developing in-pipe gas compressor

Oct 08, 2013

Corac Group subsidiary Corac Energy Technologies (CET) has signed an amendment to its contract with Aramco Overseas Company, a subsidiary of Saudi Aramco, for a revised scope of work to develop an in-pipe gas compressor (IGC).  The amendment will enable CET to support the design…

Aker Solutions on Murchison decommissioning

Oct 07, 2013

Aker Solutions has secured a three year contract for the first phase of decommissioning the Murchison platform in the North Sea, operated by CNR International (UK).  Aker Solutions will manage the engineering design, procurement and offshore…

Tanzania round launch Oct 25

Oct 07, 2013

Tanzania’ government has announced that the delayed 4th Licensing Round is to be launched later this month.  Seven deepwater offshore blocks and the Lake Tanganyika North offshore block will be available in the round, to be launched in Tanzania’s capital Dar es Salaam…

Noble Energy’s Cyprus A-2 flow test

Oct 04, 2013

Noble Energy, Inc. announced that the A-2 appraisal well drilled on the Block 12 discovery off Cyprus encountered about 120ft of net natural gas pay within Miocene-aged sands. The Cyprus A-2 well, which is more than four miles northeast of the A-1 discovery location…

BG touts Pweza-3 flow

Oct 02, 2013

BG Group successfully completed a drill-stem test in the Pweza gas field in block 4 off southern Tanzania. The Pweza-3 appraisal was drilled approximately 2km north of the original Pweza discovery well by the Deepsea Metro-1 drillship in 1400m of water…

Salamander plugs Thai prospect

Sep 30, 2013

Salamander Energy plugged and abandoned its offshore Ayutthaya exploration well prospect in Block G4/50 in the Gulf of Thailand as a dry hole.  Ayutthaya is located less than 1 mi. northeast of the recent Surin oil discovery. The well was spud earlier this month…

W&T picks up Dantzler stake

Sep 30, 2013

W&T Offshore announced that it has acquited 20% interest in the Noble Energy's Dantzler prospect in the deepwater Gulf of Mexico. The Dantzler prospect is located in Mississippi Canyon blocks 738/782 off Louisiana. Noble has begun drilling…

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