Offshore Natural Gas News - page 77

 

Chevron launches US$90m fund

Sep 26, 2013

Chevron Technology Ventures (CTV) announced today that it has launched its CTV Fund V, a US$90 million venture capital fund to invest in early- to mid-stage companies and in limited partnership funds. Investments from CTV Fund V will…

RWE Dea UK extends work with ODE

Sep 26, 2013

German operator RWE Dea UK has agreed a five year, £40 million, contract with engineering and operations support services contractor Offshore Design Engineering (ODE) to support its southern North Sea fields.  ODE has already been working for RWE…

Prelude turret takes shape

Sep 24, 2013

Drydocks World today marked the sailaway of the Prelude floating liquified natural gas (FLNG) vessel turret modules to the owner Shell. The first Module, the bogie support structure, standing 22m high, with a diameter of 30m and weighing…

Iskrystall wildcat proves gas

Sep 23, 2013

Statoil ASA, along with partners Eni Norge and Petoro, made a gas discovery at the Iskrystall prospect on PL608 off Norway in the Barents Sea. The well is approximately 30km southwest of 7220/8-1 Johan Castberg and about 240km north of Hammerfest…

Ithaca agrees string of deals

Sep 23, 2013

Ithaca Energy has agreed string of farm-out deals on a number of UK North Sea assets.  Newly formed private-equity backed Oyster Petroleum is to take a 9% working interest in west of Shetland licences containing the Handcross prospect…

Breagh set back again

Sep 23, 2013

First production on the southern North Sea RWE Dea UK-operated Breagh gas field has been set back, again.  Sterling Resources, a partner on the project, said production start-up will now be delayed until mid-October, according to RWE…

Siri still offline, says Noreco

Sep 23, 2013

Noreco has said an end could be in sight to some of its production problems across UK, Norwegian and Danish North Sea sector assets.  The firm’s Huntington and Oselvar fields were both shut-in during parts of August. At the E.ON E&P-operated UK North Sea Huntington field…

Serica in Morocco, Namibia drilling

Sep 17, 2013

Serica Energy has said a drilling campaign will start offshore Morocco in October.  Drilling will be carried out on the Foum Draa and Sidi Moussa blocks in October, and H1 2014 respectively.  The well on the Foum Draa block (operated by Cairn Energy…

New player gets US$150 million backing

Sep 16, 2013

A newly formed UK-focused exploration company has secured US$150 million of funding from Norwegian private equity outfit HitecVision.  Oyster Petroleum's management team comprises of Richard Morgan as CEO, along with former colleagues Nigel Platt and David Went…

Sunbird awards contract off South Africa

Sep 14, 2013

Australian operator Sunbird Energy Ltd. has awarded a contract to Wood Group Kenny (WGK) Australia  to provide engineering and project management services for the Ibhubesi gas project, off the west coast of South Africa. The…

New O&GUK board members

Sep 13, 2013

Oil & Gas UK, the representative organisation for the oil and gas industry, today announces new appointments to its board. The appointments are: Eric D’Argentre, UK General Manager, Perenco UK Luke Farajallah, Managing Director…

Drilling due to start on Tamar

Sep 13, 2013

Drilling on the South West Tamar prospect, offshore Israel, is due to start in the next two weeks, partners on the project have said.  Delek Group, a partner on the Noble Energy-operated project, said the exploration well at South West (SW) Tamar prospect…

PDVSA, Chevron to develop offshore gas field

Sep 12, 2013

Venezuela and Trinidad and Tobago announced Wednesday that the former’s state-held oil company Petróleos de Venezuela, S.A. (PDVSA) will develop an offshore natural gas field in partnership with Chevron. This agreement marks the end of a…

Noble finds GOM gas

Sep 11, 2013

Noble Energy Inc. has hit 50ft of net natural gas pay in a high-quality Miocene reservoir at its Troubadour prospect in the deepwater Gulf of Mexico. The well was drilled to a total depth of 19,510ft by the ultradeepwater semisubmersible ENSCO 8501…

Seychelles extension for WHL

Sep 11, 2013

Australian exploration firm WHL Energy is to apply for an amendment to its petroleum agreement with Seychelles petroleum industry regulator PetroSeychelles, leading to renewed farm-out talks. The proposed amendment is an extension to agreed work program commitments…

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