Gas News

 

Johan Castberg delayed until 2015

Jun 30, 2014

Statoil announced further delay in developing the Johan Castberg project, postponing final concept selection on the Barents Sea project until 2015.  “Unfortunately, the exploration campaign has proven less new oil resources in the Castberg area than expected…

Ichthys hits halfway mark

Jun 25, 2014

Inpex’s Australian Ichthys LNG project has reached 50% completion less than two-and-a-half years after its final investment decision was made, the Japanese operator announced on 25 June 2014. The company said that the semisubmersible pipelay…

Lukoil kicks off Caspian drilling

Jun 23, 2014

Russian national Rosneft and private oil giant Lukoil have started drilling appraisal well №. 1 at the Caspian Oil Co.-operated Ribachya structure in the North Caspian project license. Total prospective resources of the block are estimated at 1…

Mubadala confirms gas discovery in Malaysia

Jun 23, 2014

Mubadala Petroleum announced today that appraisal drilling and testing has confirmed the Pegaga discovery in Block SK320 offshore Malaysia as a substantial gas discovery with significant commercial potential. A third discovery, Sirih-1…

Sensory perception

Jun 20, 2014

In offshore application, the workers’ lives and the asset’s integrity can all come down to the tiny sensors within a gas detector. City Technology’s John Warburton discusses why gas sensors are…

Karoon releases Pharos-1 progress report

Jun 17, 2014

Karoon Gas Australia Ltd. announced on 16 June that the Pharos‐1 well, located offshore Western Australia, was drilling ahead at 4570 mRT in the 8½-in. hole section. Since last reported on 30 May, the 12¼-in. hole section was drilled 1719m from the 133⁄8-in…

Kashagan production remains frozen

Jun 13, 2014

North Caspian Operating Co. BV (NCOC), the seven-company consortium behind Kashagan development, confirmed 12 June that production is not expected to resume in 2014. It appears that “both oil and gas lines might have to be fully replaced…

DNV grabs Goliat contract

Jun 13, 2014

Eni Norge AS awarded DNV GL a framework agreement for the supply of inspection services to the Goliat platform in the Barents Sea. The term of the contract is three years, with an option for a two-year extension. The assignment consists of…

Key role for Barents gas

Jun 11, 2014

Resources in the Barents Sea could play a key role in maintaining Norwegian gas output in the 2020s and beyond, according to a Gassco report on new gas transport and processing facilities. Planned exploration activity up to 2017 is expected…

BG strikes Tanzanian gas

Jun 04, 2014

Ophir Energy announced that partner and operator BG Group made a new gas discovery in Block 1, located in the Mafia Deep basin off Tanzania. The Taachui-1 well’s net pay amounted to 155m, with estimates for the mean recoverable resource placed at 1Tcf…

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…

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