Three Japanese exploration companies, led by project operator Idemitsu Kosan Co., announced the discovery of natural gas and condensate at the fourth well in Blocks 05-1b and 05-1c offshore southern Vietnam. The discovery was in the Dai Nga structure in Blocks 05-1b and 05-1c…
Nigeria focused Oando Energy Resources Inc. (OER) has completed the acquisition of ConocoPhillips' Nigerian upstream oil and gas business for a total cash consideration of US$1.5 billion, after customary adjustments, plus a deferred consideration of $33 million…
Offshore industry body Oil & Gas UK has confirmed two new senior appointments to its board. Effective from spring 2014, Trevor Garlick, regional president North Sea at BP, and John Pearson, Group President, AMEC Europe, have been appointed as the co-chairmen of the organisation…
Iran, India and Oman are preparing to begin official negotiations for delivery of the Iranian natural gas to the Indian market through a deepwater pipeline. Iranian Foreign Minister Mohammad Javad Zarif, Indian Foreign Minister Salman Khurshid…
Oil & Gas UK, the representative organisation for the oil and gas industry, today announces new appointments to its board. The appointments are: Eric D’Argentre, UK General Manager, Perenco UK Luke Farajallah, Managing Director…
The Myanmar-China natural gas pipeline is now delivering hydrocarbons produced from the Bay of Bengal, offshore Myanmar, to China. The soon-to-be complete, parallel oil pipeline will transport Middle East and African oil. The pipeline projects have five investors from four countries: China…
Chevron Corporation’s subsidiary Cabinda Gulf Oil Co. Ltd. today confirmed that initial production of liquefied natural gas (LNG) has commenced at the Angola LNG project. Angola LNG is one of the largest energy projects on the African continent…
National Iranian Oil Company (NIOC) plans to absorb as much as US $25 billion worth of investment for its development, exploratory and seismic operations during the current Iranian calendar year up to March 2014. At the closing ceremony of seismic operations at Ahwaz oil field…
Sakhalin-II is an intergrated, export-oriented oil and gas development, and Russia’s first offshore gas project. It handles production from Piltun-Astokhskoye oil field and the Lunskoye natural gas field in the Okhotsk Sea, and is managed and operated by Sakhalin Energy Investment Co…
Iran will invest US$16 billion to develop the offshore South Pars gas complex over the next 10 months, a natural gas company director said. Pars Oil and Gas Co. Managing Director Mohammadreza Zahiri said that most of the funding will come from domestic sources…
Iranian Offshore Engineering & Construction announced that its 3300t jacket is bound for South Pars field. The 67m high jacket will be installed 115km off Asalouyeh, Iran, in 61m of water.
Mike Bowyer was presented with Oil & Gas UK’s prestigious 2012 award for services to safety last month in recognition of his many years supporting the North Sea’s Step Change in Safety initiative. As co-chair of its workforce engagement steering group…
Last December, OE carried a report by the National Iranian Gas Company on the key facets and status of its massive, 24-phase South Pars gas field development in the Persian Gulf. Here, with the help of local contractor IOEC, we put together…
Historically, the Middle East play has been an onshore story, with one notable exception: the South Pars/North Field offshore Iran and Qatar. That looks to be a changing trend as operators pursue the offshore gas potential. Jennifer Pallanich reports…
The South Pars gas field, located in the Persian Gulf between Iran and Qatar, is one of the largest independent gas reservoirs in the world. The estimated 14tcm of gas and 18 billion barrels of gas condensates on the Iranian part of the field…
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