Gas News

 

Cairn hits oil, gas in last SNE probe

Aug 07, 2017

Cairn Energy has discovered hydrocarbons at its SNE North-1 wildcat well offshore Senegal, as well as oil in a deeper secondary objective, marking the end to the company’s five-well drilling campaign for the year.   Map of the SNE field…

Husky, CNOOC start up BD gas field

Aug 01, 2017

Joint operator Husky-CNOOC Madura has started first production from the BD gas field in Indonesia. The BD gas field is in the Madura Strait in 55m water depth. It is being produced via an unmanned wellhead platform, a floating production…

IOG submits Blythe hub FDP

Jul 19, 2017

Independent Oil and Gas has submitted a field development plan (FDP) to the UK Oil and Gas Authority (OGA) for the Blythe Hub. The project comprises the Blythe and Elgood fields, which are 100% owned and operated by IOG, and are in the…

WoodMac unveils energy outlook to 2035

Jun 19, 2017

Wood Mackenzie recently published a comparison of Wood Mackenzie’s Energy View to 2035, versus similar outlooks published by the International Energy Agency (IEA NP), BP, and ExxonMobil. Some key points: All forecasts expect energy demand growth through 2035 – however…

Australia to fund gas exploration study

Jun 16, 2017

The Australian government will complete a study into offshore gas basins in Southern Australia, as part of a US$90 million investment in domestic gas security and supply. Minister for Resources and Northern Australia Senator Matt Canavan said the study of the Gippsland…

Parkmead takes Farne stake to 100%

May 10, 2017

UK independent Parkmead has agreed a deal with Verus Petroleum to acquire 50% interest in North Sea License P.2209 containing the Farne Extension prospect and a further four prospective leads. The moves secures 100% interest in the license for Parkmead…

BP, Kosmos in major Senegal find, potential new LNG hub

May 08, 2017

Dallas-based Kosmos Energy and BP have made a new, major gas discovery offshore Senegal, which could support a second LNG hub in the basin, according to the independent. Kosmos estimates that the Yakaar-1 discovery, drilled using the Atwood Achiever drillship…

Genesis on deepwater MJ field FPSO FEED study

Feb 13, 2017

India's Reliance Industries Ltd. (RIL) has awarded Genesis a contract to undertake front end engineering design (FEED) on the MJ field deepwater development in block KG-DWN-98/3 in the Bay of Bengal. This project will consider a seven…

Petrofac inks Cygnus extension

Dec 07, 2016

Petrofac has been given a four and a half year contract extension on its integrated support services contract on the Cygnus gas field. The extension to December 2021 is worth about US$70 million and includes the provision of enhanced construction services and production supervision…

Is the end in sight?

Nov 14, 2016

The end of one of the worst downturns in the history of oil and gas may be in sight, as OPEC’s November meeting looms large – bringing with it fresh hopes of a production cut and consequent market rebalancing. In this context, Douglas…

Inpex hits gas off Japan

Oct 28, 2016

Inpex made a gas find at an exploration well offshore the Shimane and Yamaguchi prefectures in Japan. The Transocean M.G. Hulme Jr., from Inpex. The Transocean M.G. Hulme Jr. semisubmersible…

Southern North Sea under spotlight

Oct 24, 2016

Businesses working in the East of England gas industry were told there were at least another 20 years’ production left in the Southern North Sea by a government expert at Westminster. Production is expected to continue until at least 2035…

Woodside mulls Myanmar gas development options, plans further drilling

May 20, 2016

Woodside is considering development options on its two discoveries offshore Myanmar, as well as a 4-7 well drilling campaign next year, the firm said this morning.  The plans, potentially involving tie-backs or even a standalone development…

Premier completes E.ON deal

Apr 29, 2016

UK-based independent Premier Oil has completed its deal to by E.ON's UK North Sea assets. On 13 January 2016, Premier announced that it had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of US$120 million…

GAS gets Chirag survey gig

Feb 29, 2016

Italian geotechnical firm GAS has been appointed to perform survey and positioning support activities for the Chirag oil project offshore Azerbaijan.  The work scope covers the laying of 8.33km of the 18in water injection pipeline and…

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Exxon to Close Two Houston-area Office Towers

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US Takes Step Toward Oil and Gas Auction Off Alaska Coast Next Year

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Italian Bank Could Fund Novatek's Giant Arctic LNG 2 Project

Shell Expects Ida-hit Offshore Platform to Restart in November

Shell Expects Ida-hit Offshore Platform to Restart in November

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