Natural Gas News

 

Eni and Sonangol ink JV

Nov 18, 2014

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 project progress

Nov 18, 2014

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…

ADIPEC opens doors

Nov 09, 2014

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…

Pemex to build $6 billion LNG plant

Nov 05, 2014

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…

Keppel to buy LNG from Petronas

Nov 05, 2014

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 sets Leviathan production date

Oct 31, 2014

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 departs Heron

Oct 29, 2014

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…

GlobalData: Kenya investment on the rise

Oct 28, 2014

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…

Pemex, Chevron team up

Oct 27, 2014

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…

Russia begins natural gas trading at SPIMEX

Oct 24, 2014

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…

BP/GDF make joint North Sea discovery

Oct 23, 2014

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 opens wet gas facility

Oct 21, 2014

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…

Tamar, Dolphinus LOI to supply Egypt with gas

Oct 20, 2014

Tamar partners and Dolphinus Holdings Ltd. signed a letter of intent for the supply of natural gas from the Tamar project located offshore Israel, to Dolphinus for use in Egypt.  Map of Tamar field. From Noble…

Rhum field re-start imminent

Oct 20, 2014

BP is due to restart production at the high-pressure, high-temperature (HPHT) Rhum gas field in the UK North Sea, four years after the field was shut in due to Western sanctions against its 50% owner, Iran. A BP spokesperson said today that production was due to restart soon…

Petrobras starts Iracema production

Oct 15, 2014

Petrobras has begun production from FPSO Cidade de Mangaratiba, located in Block BM-S-11 of the giant Lula field. The start-up represents the first in the Iracema Sul area of the presalt Santos basin, located 300km off the coasts of the Rio de Janeiro and São Paulo states…

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