Falkland Oil And Gas News

 

Beach Energy Boosts Gas Supply to Australian East Coast Market with Two Otway Basin Wells

May 17, 2023

Australian oil and gas company Beach Energy said Wednesday it had connected the offshore Otway Basin Thylacine North 1 and 2 development wells to the Otway Gas Plant and is now delivering additional gas into the Australian East Coast gas market…

Indonesia Auctions Trio of Oil and Gas Blocks

Apr 10, 2023

Indonesia has put three oil and gas exploration blocks out for tender in its first bidding round of the year, with estimated resources of more than 2.4 billion barrel of oil and 9 trillion cubic feet of gas, its energy ministry said.Indonesia plans to offer 10 oil and gas working areas this year…

Western Gas to Link its Equus Gas Field to North West Shelf And Pluto LNG Plants

Dec 20, 2022

Australian oil and gas company Western Gas has signed non-binding milestone agreements with the North West Shelf Project participants and Pluto LNG in Australia to process up to 3 Mtpa of gas from its Equus offshore gas field for LNG export and the WA market from 2027…

Centrica Reopens UK's Rough Gas Storage Site in Time for Winter

Oct 28, 2022

British Gas owner Centrica has reopened its Rough gas storage site off England's east coast at about 20% of its previous capacity, enough to heat 1 million homes for 100 days this winter, the company said on Friday.Countries across Europe have…

Denmark's Ørsted Strikes Deal to Buy Norwegian Gas via Baltic Pipe Pipeline

Oct 27, 2022

Denmark's Ørsted and Norway's Equinor have signed a contract under which Equinor will supply Norwegian gas to Denmark via Baltic Pipe. The agreement covers the period from January 1, 2023 to April 1, 2024, and the total volumes of gas supplied during the period will be around 8 TWh…

Energean Starts Gas Production from Karish Field Offshore Israel

Oct 26, 2022

Oil and gas company Energean plc said Wednesday it had started gas production at its Karish gas field in the Mediterranean Sea, offshore Israel.'Gas is being produced from the Karish Main-02 well and the flow of gas is being steadily ramped up…

Pipeline Agreement for Chariot's Anchois

Sep 08, 2022

Africa-focused oil and gas company Chariot it has signed a pipeline tie-in agreement that takes it a step forward in unlocking its Anchois gas project offshore Morocco. The agreement was signed with the Office National des Hydrocarbures et des…

Heavy Norwegian Gas Maintenance Adds to Energy Price Pressure

Aug 26, 2022

Norway, which has overtaken Russia as the biggest gas supplier to Europe in the wake of the war in Ukraine, will curtail its gas exports significantly next month due to heavy maintenance activity, with some work deferred from earlier this year…

Norway's July Gas Exports Hit Record High

Aug 15, 2022

Norwegian natural gas exports hit a record high of 128.4 billion crowns ($13.26 billion) in July as prices and demand in Europe surged amid the disruption of Russian supplies, official data showed on Monday.Natural gas revenues were four times higher than for July last year…

EU Eyes Increased Imports of Azeri Gas in Pivot Away from Russia

Jul 15, 2022

The European Commission has proposed to EU countries a deal with Azerbaijan to increase imports of natural gas and support the expansion of a pipeline to do this, according to a draft document seen by Reuters.The draft memorandum of understanding…

Greece Can Cope With Possible Russian Gas Disruptions Thanks to LNG - Minister

Jul 04, 2022

Greece can cope well with potential cuts in Russian gas supply due to the availability of liquefied natural gas (LNG) as an alternative, its energy minister said on Monday after a meeting with energy suppliers and grid operators on energy security…

Wasted Gas: As Global Supplies Tighten, Here’s 210 bcm of Natural Gas for the Taking – IEA Report

Jun 15, 2022

A new report from the International Energy Agency (IEA) estimates that if there was a concerted, global effort to eliminate unnecessary flaring and control leaks across the supply chain, nearly 210 billion cubic meters (bcm) of natural gas could be made available to gas markets…

No Oil, Gas Found at Closely Watched Exploration Well off W. Australia

Jun 06, 2022

Western Gas said on Monday its Sasanof-1 exploration well off Western Australia found no hydrocarbons, in a big disappointment for one of the most closely watched drilling campaigns in Australia this year.Ahead of drilling, the Sasanof prospect…

Romania Moves Forward with "Much Awaited" Offshore Law

Apr 18, 2022

Romanian Prime Minister Nicolae-Ionel Ciucă last Friday, with the other two leaders of the ruling coalition, Marcel Ciolacu and Kelemen Hunor, signed the Offshore Law, aimed at ensuring stability and legislative predictability for oil and gas…

Aker BP Gets Gov't OK to Raise Gas Output from Skarv Offshore Field

Mar 28, 2022

Norway's Aker BP has won permission to increase gas exports from its Skarv field, the country's energy ministry said on Monday, enabling the company to take advantage of high gas prices that now exceed the price of oil.Until now, Aker BP has…

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