Gas News

 

Australia: Chevron to Sell Its Stake in North West Shelf Project

Jun 18, 2020

Chevron Corp aims to sell its minority stake in Australia's biggest and oldest liquefied natural gas (LNG) project, the North West Shelf, after drawing interest from potential buyers, the company said on Thursday.The move marks a long-awaited…

BP Review: Global Energy Consumption Rose by 1.3% in 2019

Jun 17, 2020

BP published its benchmark Statistical Review of World Energy for 2019 on Wednesday which showed that renewable power accounted for over 40% of the growth in primary energy.Here are some highlights from the report which can be downloaded here* Primary energy consumption rose by 1…

Santos, Gold Fields Pen 3-Year Gas Supply Deal

Jun 16, 2020

Australia's oil and gas company Santos has entered into a new gas supply agreement with Gold Fields Limited for its three gold mines in Western Australia.Santos will supply nearly 5.5 petajoules of natural gas from its Varanus Island gas plant over three years…

Inpex Completes Refinancing Part of Ichthys Funding

Jun 16, 2020

Japan's Inpex Corp said on Tuesday it has completed the previously launched refinancing of part of the funding for the Ichthys liquefied natural gas (LNG) project in Australia.Announcing a deal with seven export credit agencies and 28 commercial banks aimed at improving borrowing conditions…

Gazprom, RusGazDobycha Reach Semakovskoye Gas Field FID

Jun 04, 2020

Russian oil and gas companies Gazprom and RusGazDobycha have reached a final investment decision for the development of the Semakovskoye gas field in the Taz Bay in Yamal-Nenets Autonomous Area.The field, which is located in the waters of Taz Bay and partly on land in the Taz Peninsula…

Allseas' Solitaire Vessel 'Up and Running' at Karish

Jun 01, 2020

Allseas' Solitaire vessel is 'up and running' with pipelay works on the Karish project in the Mediterranean Sea, offshore Israel, the vessel-owner said Friday.'Over the next few weeks, [Solitaire] will lay 90 km of export gas pipeline in water depths up to 1750 m…

Gastech Postponed for 2021

May 28, 2020

Gastech, one of the world's largest gas, LNG and energy industries events has been postponed for 2021 due to the COVID-19 pandemic.The event was expected to take place in Singapore in September this year, however, the organizers have now decided to delay the event to September 13 to 16…

Leviathan Gas for New Israeli Desalination Plant

May 27, 2020

The partners in Israel's offshore Leviathan natural gas field have agreed to sell about 2.5 billion shekels ($716 million) of gas to IDE Technologies for its planned desalination plant along the Israeli coast, according to a source familiar with deal…

OGA: UK North Sea Gas Less Carbon Intensive than Imported LNG

May 26, 2020

Gas produced from the offshore platforms in the UK North Sea is less carbon-intensive than LNG imported in the UK, the UK oil and gas regulator OGA said Tuesday.According to the OGA analysis, the production of natural gas from the UK Continental…

Conrad: Mako Discovery One of 'Largest Ever' in West Natuna Basin

May 26, 2020

Conrad Petroleum, the operator of the Duyung offshore block in Indonesia containing the Mako gas field, has said that an independent resource audit has shown that  Mako is one of the largest gas fields ever discovered in West Natuna Basin.Following the drilling campaign completed in late 2019…

QP: North Field Works Going Full Steam Ahead

May 25, 2020

Qatar Petroleum's Saad Sherida Al-Kaabi in a webinar last week said the country was pressing ahead with the giant offshore North Field expansion despite the dire situation in the energy market where he feels it'll take 1-2 years for demand to…

Gas Output to Resume at Israel's Leviathan After Brief Halt

May 25, 2020

Production at Israel's offshore Leviathan natural gas field will resume in the coming hours after an emergency shutdown on Saturday, the project's operator Noble Energy said [on Saturday].The platform's flare system had been activated to burn off excess gas…

Indonesia OKs Coro's Duyung PSC Farm-In

May 22, 2020

Southeast Asian focused upstream oil and gas company Coro Energy has received all the necessary approvals by the Indonesian Government and has completed the acquisition of an interest in the Duyung offshore block, containing the Mako gas field…

Noble Energy Hires Temis Flotel for E. Guinea Hook-Up

May 14, 2020

Singapore-based offshore vessel provider Nortrans has won a contract to provide offshore accommodation services to Noble Energy in Equatorial Guinea.Nortrans' Managing Director Kjell Gauksheim said Wednesday that Noble Energy had awarded Nortrans…

Williams to Transport Chevron's Anchor Gas

May 08, 2020

U.S. oil major Chevron has awarded pipeline operator Williams a contract for the provision of offshore natural gas transportation services for the Anchor development in the U.S. Gulf of Mexico.Anchor, sanctioned in December 2019, is located…

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