Gas News

 

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…

Late Laggan-Tormore comes onstream

Feb 08, 2016

First gas from Total’s Laggan and Tormore gas and condensate subsea-to-shore development has finally been achieved. Originally due on stream at the end of 2014, the Laggan-Tormore development, has suffered delays, resulting in massive costs for onshore contractor Petrofac…

NPD skeptical of plugging proposal

Nov 23, 2015

Reusing wells on the Norwegian shelf can be good business. This is why the Norwegian Petroleum Directorate (NPD) is skeptical of the proposal to plug wells as a measure to keep drilling rigs in activity. As resource steward, the NPD wants…

OE15: SPE looks for student opinion

Aug 11, 2015

During Offshore Europe, a panel of leading international industry experts will discuss the preconceived perceptions that students and graduates have of a career in oil and gas, and how they differ from the experiences of those operating in the sector…

Wood Group acquires BETA

Jun 30, 2015

Wood Group acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. BETA’s expertise in advanced vibration, pulsation stress…

OneSubsea in Africa subsea gig

May 28, 2015

OneSubsea has been awarded a US$330 million subsea production systems contract for a gas project offshore North Africa.  The scope of supply for the 13-well development includes subsea production equipment, tooling, and installation and commissioning services…

Kosmos in further Tortue find

May 18, 2015

Kosmos Energy hit additional hydrocarbon pay at its Tortue-1 exploration well offshore Mauritania, western North Africa. Mauritania map. From Kosmos. Tortue-1 is located in Block C8…

Karoon hits at third Santos well

Apr 13, 2015

Karoon Gas Australia made a discovery at the Echidna-1 exploration well, the third in the Santos drilling campaign, offshore Brazil. Image from Karoon.   According to the Australian company…

Wood Mackenzie: Low prices need deeper cuts

Apr 13, 2015

The rapid and aggressive response by oil and gas companies to low oil prices has stabilized the sector; the price required for companies to be cash flow neutral in 2015 has dropped by over US$20/bbl to $72/bbl. Wood Mackenzie believes further…

Statoil hits again at Aasta Hansteen

Apr 13, 2015

Statoil confirmed its second discovery in the Aasta Hansteen area with the Roald Rygg prospect in the Norwegian Sea. Map of Roald Rygg. From Statoil.   The gas discovery was made at…

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