Offshore Natural Gas News - page 79

 

Global Briefs: September 2013

Sep 01, 2013

Alaska states Arctic needs Alaska’s Lt. Governor Mead Treadwell stated the case for the state’s needs at the Ice-Diminished Arctic Conference in Washington, D.C. He emphasized the need for safety, security, and economic development in the region…

PDVSA joins ENI on Perla

Aug 30, 2013

ENI and Venezuela’s state oil company has agreed to create a new joint venture to exploit the Perla field condensate reserves, estimated at 170MM bbls. PDVSA will hold 60% in the new venture, with ENI holding the remaining 40%. ENI is co-operator of Cardón IV…

Canyon leadership takes on Aminex

Aug 29, 2013

East Africa-focused oil and gas exploration company Aminex is to be led by the founders of private Maldova-focused exploration firm Canyon Oil and Gas. Canyon's co-founders Jay Bhattacherjee and Philip Thompson will become Aminex’s chief executive and chief operating officer…

Tanzania appraisal success

Aug 28, 2013

Latest drilling on the Pweza-2 discovery offshore Tanzania has confirmed resource estimates, according to partner Ophir Energy. Appraisal drilling was completed on Pweza-2 in Block 4, 2km to the south of the Pweza-1 discovery, using the DeepSea Metro 1 drillship…

Rosneft, Exxon advance LNG project

Aug 26, 2013

Rosneft and ExxonMobil have commenced the contractor selection process for design and engineering work at its proposed LNG project in the Russian Far East, Rosneft announced. In 2013-2014 Rosneft and ExxonMobil plan to complete design work…

India increases Mozambique stakes

Aug 26, 2013

Indian energy firm ONGC Videsh Limited (OVL) has agreed to buy a 10% stake in the Rovuma Area 1 block, offshore Mozambique, from Anadarko, for US$ 2,640 million. Area 1 covers about 2.6 million acres in the deepwater Rovuma Basin and…

Deepwater gas strike off India

Aug 23, 2013

Reliance Industries (RIL) and BP have made a second deepwater gas condensate discovery in the Cauvery basin offshore India. The discovery, named D-56, was made in well CYIIID5-S1 on Block CY-DWN-2001/2, in 1743m water depth, 62km off the coast…

Höegh selected for FLNG FEED

Aug 22, 2013

Höegh LNG has signed a contract with an Asia based national oil company to conduct pre-front-end engineering design (FEED) engineering work for an offshore floating LNG facility (FLNG) with a two million-tonne per annum production capacity…

Record spending in North Sea

Aug 21, 2013

Upstream oil and gas investment on the UK Continental Shelf (UKCS) reached a record £13.5 billion this year, according to a new study. But, despite the high spending, production efficiency continues to be an issue in the North Sea, says Oil & Gas UK’s 2013 Economic Report…

Technip forms GTL alliance with Sasol

Aug 21, 2013

Technip has joined forces with South African energy and chemicals firm Sasol to offer front-end engineering services on future Sasol gas-to-liquids (GTL) projects. The new alliance will also enable Technip to be part of the execution of GTL projects with Sasol…

UK business secretary to lead Offshore Europe keynote

Aug 20, 2013

Vince Cable, MP, secretary of state for business, innovation and skills (BIS) is to speak at SPE Offshore Europe 2013 at one of the conference’s keynote sessions. The session, The technology imperative – collaborating today to realise the next 50 years of North Sea potential…

OMV strikes US$2.65bn deal

Aug 20, 2013

Austrian energy group OMV is to buy Norwegian and UK North Sea assets from Norway’s Statoil in a US$2.65billion deal. The deal will see OMV acquire 19% interest in the producing Gullfaks field and 24% in the Gudrun field, both oil and gas fields offshore the Norwegian Continental Shelf…

Gabon discovery for Total

Aug 19, 2013

Total encountered gas and condensate at its Diaman-1B well offshore Gabon, partner Cobalt International Energy announced. The well, located in the Diaba block, was drilled to 5585m total depth, finding 50-55m of net hydrocarbons in the pre-salt formations…

ONGC touts discoveries off India

Aug 15, 2013

India's Oil & Natural Gas Corp. (ONGC) announced three offshore and one onshore discovery during Q1 of its fiscal year 2013-2014, which ended 30 June, and one additional onshore discovery in August 2013 (Q2). Offshore: New prospect discovery: exploratory well KGOSN041NANL-2…

Tanzanian LNG site select in 2H

Aug 15, 2013

Independent exploration firm Ophir Energy has said the preferred site for Tanzania’s first multi-train LNG facility could be announced later this year. The firm, a partner with operator BG Group on Blocks 1, 3 and 4, offshore Tanzania…

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