Gas News

 

IOG increases Vulcan Satellites reserves, close to FDP submission

Oct 12, 2017

UK firm Independent Oil and Gas (IOG) says it expects to award key project contactors and submit a field development plan for its Vulcan Satellites hub later this month following a report which has significantly increased reserves numbers for the fields…

Ruby well unlocks new Dutch, German play

Sep 27, 2017

Hansa Hydrocarbon's N05-1 exploration well offshore the Netherlands on the GEms licences has made a significant has discovery. Map of Geldsackplate. From Hansa. The Ruby discovery extends across the N04…

IOG inks master services agreement with Schlumberger

Sep 25, 2017

Independent Oil and Gas (IOG) has signed a letter of intent and consultancy master services agreement (CMSA) with Schlumberger in relation to development of its two Southern North Sea gas hubs, the Blythe Hub and the Vulcan Satellites Hub…

First gas from Cygnus Bravo

Aug 08, 2017

First gas has been exported from Cygnus Bravo, a satellite to Engie E&P UK's Cygnus field development in the UK southern North Sea. Cygnus Bravo is a wellhead platform 7km from Cygnus Alpha, to which first gas was exported on 1 August…

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…

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