Gas News


Russia-China deal opens up 'New Europe' for Gazprom

May 22, 2014

Following almost two decades of negotiation, Russia and China have agreed a deal to supply 38 billion cubic meters (bcm) per annum of gas from Gazprom's East Siberian fields into China via the Power of Siberia pipeline. Details on pricing…

Shah Deniz 2 takes off

Apr 23, 2014

With the subsea construction vessel (SCV) associated with the Shah Deniz Phase 2 natural gas development expected to hit the waters in April 2017, contracting for the project is in full swing. Two more major contracts totaling nearly US$500 million announced 23 April…

Juliet field hits plateau rate

Mar 13, 2014

France-based GDF Suez announced that the Juliet field in the Southern Gas Basin is now producing at its plateau rate of 80MMsqcfg/d. This is the equivalent to 400,000bbl/month. The fast track project has been executed and successfully…

Pil discovery in Norwegian Sea

Mar 06, 2014

An oil and gas discovery has been made on the Pil exploration well, which sits in the Norwegian Sea. London-based Faroe Petroleum said the Pil well (6406/12-3S) encountered a gross hydrocarbon-bearing reservoir section with about 135m…

BP kickstarts Na Kika

Feb 24, 2014

The third phase of the Na Kika field in the Gulf of Mexico recently entered production, BP announced. Phase 3 production started on 19 Feb 2014, with a second well expected to come online 2Q 2014. Sitting in around 6300ft of water…

Delek extends licenses

Feb 13, 2014

Delek Group's gas subsidiaries announced that the Petroleum Commissioner of the Ministry of Energy and Water Resources announced to the partners in Rachel/349 and Amit/350 licenses its decision with regards to extending the validity of these licenses until 20 March 2014…

Iran woos western oil co's

Jan 24, 2014

Tehran’s leadership has promised a new, attractive investment model for oil contracts by September, to woo Western business back into Iran. The pledge was made at the World Economic Forum meeting in Davos, Switzerland, yesterday.  According to the Financial Times…

Cobalt confirms presalt find

Jan 16, 2014

Houston’s Cobalt International Energy, Inc. reported that its Lontra #1 presalt discovery well in Block 20, offshore Angola, found more oil and gas than estimated. Drill stem test placed Lontra’s well production at a stabilized flow rate…

City Technology gas detectors

Nov 11, 2013

Established by a team of scientists in 1977, City Technology has grown into a global business, with 50 million people worldwide using its gas detection sensors. With a range of more than 300 products detecting 28 different gases, City Technology…

US DOE widens approval for LNG exports from Cove Point

Sep 11, 2013

The Obama administration on Wednesday authorized additional natural gas exports from a fourth US facility. Dominion Resources Inc. subsidiary Dominion Cove Point LNG LP received conditional permission from the US Department of Energy…

Pemex unloads more than 11MMbo in Progreso, Yucatan

Sep 11, 2013

On September 9, Petróleos Mexicanos (Pemex) reported that between January and August 2013, the company unloaded a total of 11.1MMbo to satisfy the market needs of two regions in Mexico: the northern Quintana Roo area and the Yucatan. Of the 11…

Total E&P Australia discovers gas

Jul 10, 2013

Browse Basin gas discovery Total E&P Australia discovered gas at the Bassett West-1 exploration well in WA-408-P in the Browse Basin off Western Australia state. The well is about 475km north-northeast of Broome and reached 5239m TD in 368m of water…

BG adds to Tanzanian gas finds

Jul 03, 2013

BG Group has made a gas discovery in the Ngisi-1 well in Block 4 offshore Tanzania. The Ngisi-1 well, drilled by the Deepsea Metro 1 drillship, was also used to appraise the Chewa gas field, resulting in an upgrade in estimated recoverable resources in the block…

Competing interests walk a tightrope

Jun 05, 2013

Off the coast of Summerland, California, they didn’t drill the first-ever offshore oil well. They hammered it. “Engineers” used a pile driver to pound a pipe 455ft into the seabed in about 30ft of water. Yield was moderate; the site shut down after several years…

NorSea Group invests in Scrabster

Apr 24, 2013

NorSea Group, the leading supplier of base services and integrated logistics systems to the Norwegian oil and gas industry, and the Scrabster Harbour Trust in Caithness have just signed an agreement which will result in major investment and new job prospects for the local economy…

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