Offshore Natural Gas News - page 78

 

Barents discovery for Lundin

Sep 10, 2013

Lundin Petroleum has made an oil discovery on the Ghohta prospect in exploration licence PL492 in the Barents Sea.  The well, 7120/1-3, 35km north west of the Snøhvit field, found a 75m oil column beneath a 25m gas/condensate cap in dolomitized and karstified carbonate in a Permian target…

BP in offshore Egypt find

Sep 09, 2013

BP has announced a deepwater gas discovery in the East Nile Delta offshore Egypt. Wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38m net of Oligocene sands.  The company says the well…

OE13: PEMEX delves deep

Sep 05, 2013

Lakach is PEMEX’s first deepwater project, with gas production due to start in 2016. It will meet dual strategic goals of expanding PEMEX expertise in DW development, and meet internal demand for natural gas. “Lakach is a very good exercise for us…

OE13: Geopolitics, price and technology…

Sep 05, 2013

Former BP CEO Tony Hayward, now CEO of Genel Energy, focused on geopolitics, prices, and technology, while explaining the role of the independent in challenging conventional thinking, at a keynote session on IOCs yesterday. Geopolitics has defined the field of play…

OE13: Solar powered UK?

Sep 05, 2013

In the short term there will be a dash for gas, but longer term the key to global energy supplies could be solar, yesterday’s SPE Offshore Europe breakfast briefing heard. Professor John Miles, Arup/Royal Academy of Engineering research professor in transitional energy strategies…

OE13: Energy demand to continue - BP

Sep 05, 2013

More people, more wealth, more energy demand—that has been the story of the world’s civilization over the past 250 years, and it is expected to continue. That is one of the messages from BP chief economist Christof Ruehl, who will lead…

OE13: Welcome to SPE Offshore Europe 2013

Sep 03, 2013

The UK oil and gas industry has served our country for over 100 years. It delivers the energy needed to fuel and power our economy, provides vital revenue for the UK Treasury and supports about 450,000 jobs in Britain. The oil and gas industry has an impressive history…

OE13: Keiller - the next 50 years

Sep 03, 2013

I am very excited about the future of the oil & gas industry in the North Sea and internationally. The theme of this year’s SPE Offshore Europe conference is The next 50 years – but 50 years ago no-one could have predicted the way the UK oil & gas industry would develop or how we operate now…

OE13: A shale gale in Europe?

Sep 03, 2013

Shale gas, and now tight oil has seen an unprecedented increase in energy supply in North America. It has entirely changed the energy landscape, resulting in a dramatic fall of the gas price and reversing long-term decline in US oil supplies…

OE13: The shifting global energy system

Sep 03, 2013

The foundations of the global energy system are shifting and the lives of energy policy makers are not getting any easier. If they didn’t have enough to worry about with securing affordable, sustainable supplies of energy to meet national needs…

OE13: Record North Sea investment

Sep 03, 2013

As the North Sea continues to attract record investment, the scale of opportunity for the supply chain is growing, says the EIC. The growth is characterised by four key areas of activity: small or marginal developments, led by a growing number of independents…

OMV takes Madagascar stake

Sep 02, 2013

OMV is to invest in an offshore exploration block west of Madagascar. OMV will acquire a 40% stake in the Grand Prix block from Niko Resources (Niko). OMV will farm-in to the area for the planned drilling of an exploration well. OMV will…

Romanian exploration campaign starts

Sep 02, 2013

Petroceltic International has launched drilling campaigns offshore Romania and in Kurdistan. The Romanian campaign, in the Black Sea, started with the spudding of the Cobalcescu South exploration well using the GSP Prometeu jack-up drill rig…

Scandinavia: investing to grow

Sep 01, 2013

Scandinavia’s oil and gas industry, focused on Norway and Denmark, is expecting a resurgence. Espen Erlingsen looks at trends in the sector. The North Sea is characterized by large, producing platforms with declining production. To stop the falling production in the North Sea…

Danish Energy Agency releases annual report

Sep 01, 2013

The Danish offshore is a mature oil and gas province with 40 years of production, but the Danish Energy Agency’s latest annual report,* says that the country is expected to remain a net exporter of oil through 2020, while gas production is…

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