Centrica Resources Norge has made a small gas discovery about 20km from Statoil's Aasta Hansteen development in the Norwegian North Sea, says the Norwegian Petroleum Directorate (NPD). The 6707/10-3 S well, in production license 528 B…
Scientific drilling confirmed the presence of natural gas hydrates on the North and Central American continental shelves in late 1970s and early 1980s, but it was only recently that researchers began to seriously assess methane hydrate development…
North Celtic Sea focused explorer Lansdowne Oil & Gas has entered into a farm-in agreement with PSE Kinsale Energy - a wholly owned subsidiary of Malaysia's Petronas. Under the terms of the agreement, Kinsale Energy will acquire an 80%…
Eni and Sonangol have agreed to up a joint team aimed at studying the potential of the non-associated gas present in the Lower Congo basin. Under the agreement, Eni and Sonangol will set up a joint team aimed at studying the potential…
South Stream Transport, the company charged with overseeing the planning, construction and operation of the South Stream pipeline is ready to start construction on the most complicated part of the project, Gazprom says. Once built, South…
More than 2000 exhibiting companies and over 60,000 oil and gas professionals from 127 countries are expected at this week’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), at Abu Dhabi's national exhibition center, ADNEC…
Petroleos Mexicanos (Pemex) will develop a US$6 billion gas liquefaction facility on the Pacific coast to enhance its export opportunities to Asia. The company said that it is aiming for a 2020 start date. The goal is to take advantage…
Singapore’s Keppel is in a deal with Malaysia’s Petronas to buy up to 1 million-tonne of liquefied natural gas (LNG) per year, over a period of 10 years. The deal is between Keppel Infrastructure Holdings through its indirect wholly-owned subsidiary…
Noble Energy has targeted an early 2018 start-up date for its giant Leviathan gas field off Israel, according to its 3Q earnings statement. In addition, the Houston-based independent received government approval for a gas delivery point for the field in the northern part of Israel…
Eni's Australian subsidiary decided to shed its stake in the Heron area off Northern Australia after opting out of plans to drill a second well inside permit area NT/P68. The Italian explorer also elected to hold its current 50% share in the Blackwood area…
Kenya will need to focus on providing a competitive and stable fiscal environment if it is to fully exploit its offshore gas industry and attract investors ahead of Mozambique and Tanzania, says an analyst with research and consulting firm GlobalData…
Petroleos Mexicanos (Pemex) and Chevron entered into a memorandum of understanding (MOU) intent on increasing cooperation in areas such as deepwater, heavy oil and mature fields. The preliminary deal also covers collaboration on natural gas…
The Saint-Petersburg International Mercantile Exchange (SPIMEX) began on-exchange natural gas trading. The opening ceremony was attended by Rosneft head Igor Sechin (photo, at right), who is also Chairman of the Management Board of SPIMEX…
GDF SUEZ E&P and BP have made an oil and gas discovery spanning two blocks in the in the UK Central North Sea. The discovery well 30/1f-13AZ, which spans GDF SUEZ-operated Block 30/1f (license P1588) and BP-operated Block 30/1c (license P363)…
NEL has invested more than £0.5 million in the development of its Glasgow-based Wet Gas Facility. The investment has created the UK’s only independent commercial test facility able to test meters to such high flowrates for wet gas conditions…
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