Gas News

 

Norway: Oil industry 2020 Spending Set to Rise

Feb 20, 2020

Norwegian oil and gas investments, the key driver of the country's economy, will rise more than previously expected this year before declining in 2021, an industry survey by the national statistics agency (SSB) showed on Thursday.The survey is closely watched by Norway's central bank…

Wintershall Noordzee Starts Gas Production from Sillimanite Field

Feb 20, 2020

Wintershall Noordzee has started gas production from its operated Sillimanite field in the North Sea area between the UK and the Netherlands.The company, a joint venture of Wintershall Dea and Gazprom EP International, said Thursday the unitized gas field…

Energean: Karish Main-02 Well a Success

Feb 20, 2020

Energean Oil and Gas has announced successful results from production measurement performed during clean-up of the Karish Main-02 development well, in the Karish Main structure, offshore IsraelThe Mediterranean Sea-focused company working to…

Indonesia: Inpex Finds Buyers for Masela Gas

Feb 19, 2020

A unit of Japan's Inpex Corp signed on Wednesday a memorandum of understanding to supply gas to Indonesian state companies PT Perusahaan Listrik Negara (PLN) and PT Pupuk Indonesia.It would be the first sales deal for gas produced from Indonesia's…

Neptune Brings Online HPHT Well in Dutch North Sea

Feb 19, 2020

Neptune Energy has started gas production from the new L5a-D4 well. According to Neptune, the well sits in the deepest producing gas field of the Dutch North Sea.L5a-D4 is a high pressure, high temperature well located in the L5a-D field, around 100 kilometers north of Den Helder…

Premier Oil Charters Solstad PSV for Tolmount Field Ops

Feb 19, 2020

UK-based oil company Premier Oil has chartered a Solstad Offshore vessel to support its Tolmount field operations in the UK sector of the North Sea.The Norwegian offshore vessel operator Solstad said Wednesday that it had won a contract for the platform supply vessel Normand Flipper…

Cooper's Sole Offshore Gas Field to Go Online by February End

Feb 18, 2020

Australia's Cooper Energy has said that the production of gas from its Sole gas project is set to begin later in February, with full production aimed for March.The company said Tuesday the Sole Gas Project had passed a critical milestone with…

Five Oil Majors Sign Offshore Exploration Deals in Egypt

Feb 17, 2020

Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters off its western coast on the Mediterranean, the petroleum minister said, the first such deals in that offshore region. The five companies are Royal Dutch Shell…

Oil Firms to Spend $53Bn at Stabroek Block

Feb 16, 2020

Global oil firms are preparing to spend more than $53 billion in Guyana’s coveted Stabroek Block during the coming decade.According to Rystad Energy research, recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in resource estimates…

Woodside Pushes Back Browse FID Again

Feb 14, 2020

Australian oil and gas giant Woodside has delayed the long-expected Final Investment Decision for the massive Browse gas development off W. Australia again. The offshore area comprising the Brecknock, Calliance, and Torosa fields - the Browse resource - sits in the offshore Browse Basin…

Leviathan Gas Output Cut Due to 'Malfunction'

Feb 14, 2020

Israel's Energy Ministry said on Thursday it limited production at the new Leviathan natural gas field to 60% after a malfunction was discovered in the project's subsea pipeline.The Leviathan partners said in a statement there was no malfunction…

Woodside: Weak LNG Prices, Coronavirus Slowing Projects

Feb 13, 2020

Australia's Woodside Petroleum Ltd warned on Thursday the coronavirus outbreak is hampering its efforts to seal gas deals and sell stakes in a key growth project, as it reported a 25% drop in annual underlying profit. The profit fall was in…

Leviathan Group Seeking FLNG Partner

Feb 12, 2020

The energy companies that own Israel's offshore Leviathan gas field are seeking partners to build a floating liquefied natural gas (FLNG) platform and possibly to explore for oil in ultra-deepwater, a CEO from the group said. Leviathan, one…

Upstream Sector Leads O&A M&A in 2019

Feb 11, 2020

A latest research revealed that the upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and gas industry in 2019, generating some high-value transactions during the process.According to GlobalData's theme report…

UKCS Mediation Pilot Launched

Feb 10, 2020

UK oil and gas industry regulator Oil and Gas Authority (OGA) has revealed that it has launched a year-long UK Continental Shelf (UKCS) “mediation pilot”.According to the OGA, the pilot aims to test the extent to which mediation can resolve certain disputes between oil and gas licensees…

Current News

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DOF Subsea Orders Two Work-class ROVs from Forum Energy Technologies

DOF Subsea Orders Two Work-class ROVs from Forum Energy Technologies

Subsea Tech Firm Ashtead Appoints Chief Technology Officer

Subsea Tech Firm Ashtead Appoints Chief Technology Officer

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