Offshore Natural Gas News - page 10

 

Mubadala in Talks to Buy $1.1 Billion Stake in Israeli Gas Field

Apr 26, 2021

Delek Drilling said on Monday it has signed a non-binding deal to sell its stake in the east Mediterranean natural gas field Tamar to Abu Dhabi's Mubadala Petroleum for $1.1 billion.The deal, if finalized, would be among the most significant…

Indonesia's First-quarter Oil, Gas Liftings Miss Targets

Apr 26, 2021

Indonesia's first-quarter crude oil and natural gas liftings missed their targets because of technical issues at wells and postponements at a liquefied natural gas (LNG) project, data from upstream oil and gas regulator SKK Migas showed on Monday…

Total Declares Force Majeure on $20B Mozambique LNG Project After Attacks

Apr 26, 2021

French energy group Total declared force majeure on its $20 billion liquefied natural gas (LNG) project in Mozambique and confirmed it had withdrawn all staff from the construction site following insurgent attacks last month.Dozens of civilians…

NOVATEK Elects New Board of Directors

Apr 23, 2021

Russia's largest independent natural gas producer PAO NOVATEK announced Friday that the annual general meeting of shareholders (AGM) approved the election of members to the board of directors.The following members were elected to the board of directors:Andrei I…

Santos Posts 9% Revenue Rise, Sees Higher LNG Prices in Q2

Apr 21, 2021

Australian gas producer Santos Ltd on Thursday posted a 9.2% rise in first-quarter revenue, helped by firmer commodity markets as global economies recover from last year's pandemic lows, and forecast stronger liquefied natural gas (LNG) prices for the second quarter…

Gas Leak Prompts Shutdown of Two Alaska Platforms

Apr 06, 2021

Hilcorp Energy Co. has shut down two oil platforms in Alaska’s Cook Inlet in response to a natural gas leak discovered last week.The affected platforms account for roughly an eighth of the total Cook Inlet basin oil production of a little more than 11…

2021: A Year of Offshore Energy Potential

Apr 05, 2021

After what has seemed like the longest year ever, the offshore energy sector is emerging from a position of strength, from the standpoint of both economics and sustainability. Between the lockdowns implemented to reduce COVID-19, which reduced energy demand…

CNOOC Needs to Double Down on Drilling and Deals in Carbon-cutting Gas Pivot

Mar 11, 2021

A rapid rise in offshore drilling and deepwater gas extraction may seem an unlikely path to lower emissions, but are central planks of Chinese energy major CNOOC Ltd’s plan to help hit Beijing’s climate goals.While global peers like BP, Royal…

Subsea Pipeline Could Double Israeli Gas Exports to Egypt

Mar 09, 2021

A subsea pipeline that would connect Israel's Leviathan gas field to Egyptian liquefied natural gas (LNG) terminals could double Israel's gas export capacity to Egypt, the Israeli energy minister said on Tuesday.Israel started exporting gas…

Pipe Laying for Nord Stream 2 Restarts in Danish Waters

Feb 07, 2021

The consortium behind the Russia-led Nord Stream 2 natural gas pipeline has resumed laying pipes in the waters of Denmark, it said on Saturday, despite mounting pressure on the project from Washington.Construction of the link, which would double…

US Plans to Sanction Russian Vessel Involved in Nord Stream 2

Jan 18, 2021

The United States has told European allies it plans to impose sanctions on a Russian pipe-laying ship, 'Fortuna', involved in construction of the Nord Stream 2 gas pipeline from Russia to Germany, German business daily Handelsblatt reported on Monday…

Saipem Wins FEED Work for Ichthys LNG Project

Nov 25, 2020

Italian oilfield services firm Saipem confirms it has secured a contract award to conduct booster compression module (BCM) front end engineering and design (FEED) services for the INPEX-operated Ichthys LNG energy development offshore Australia…

Israel, Lebanon Hold Second Round of Sea Border Talks

Oct 28, 2020

Israel and Lebanon on Wednesday held a second round of U.S.-mediated talks over their disputed sea border that has held up hydrocarbon exploration in the potentially gas-rich area, though sources said gaps between the sides remain large.Delegations from the long-time foes reconvened at a U…

Nord Stream 2 Pipelaying Vessel Nears Project Hub

Oct 26, 2020

Russian pipe-laying vessel Akademik Cherskiy, expected to be used to finish the Moscow-led Nord Stream 2 gas pipeline, is heading towards the German project hub of Mukran, Refinitiv Eikon data showed on Monday.According to the ship tracking data…

Platform Leaking Natural Gas in US Gulf of Mexico

Sep 01, 2020

The U.S. Coast Guard said it was responding to a natural gas release from an unmanned production platform approximately three miles offshore of Corpus Christi, Texas, Tuesday.The agency said its watchstanders received a report of white smoke…

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