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…
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…
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 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…
After two and a half years, Santos Gladstone Liquefied Natural Gas (GLNG) fed natural gas into its 420km gas transmission pipeline for the first time using its primary compressor station in the Fairview field in southwest Queensland. Santos…
Lundin Norway has found gas and oil in wildcat well 7220-11-1 on the Alta prospect in production license 609 in the Barents Sea. The well was drilled about 20km northeast of the Gohta oil and gas discovery 7120/1-3 and about 190km northwest of Hammerfest…
Statoil and its Tanzanian co-venture Exxon Mobil have made a seventh gas discovery offshore the prolific East African country. The Giligiliani-1 discovery contains some 1.2 trillion cubic feet (Tcf) of natural gas in place, taking total In place volumes in Block 2 to about 21Tcf…
Malaysian state-owned oil firm Petronas has bought Statoil’s stakes in the BP-operated Shah Deniz project from Norway’s Statoil for US$2.25 billion. Statoil says the move, which sees it exit the Shah Deniz project, is part of its portfolio management…
One contractor died and two others suffered injuries 13 September while conducting maintenance on a Chevron natural gas pipeline off the Louisiana coast. From Chevron. The contractor…
A fire at an offshore natural gas platform in Alaska’s Cook Inlet forced four workers to evacuate and destroyed the crew’s living quarters. According to officials, no one suffered injuries and the environmental risk was minimal. Photo from Nikiski Fire Dept…
Statoil Petroleum has made a gas discovery in wildcat well 7220/2-1 on the Isfjell prospect in production licence 714. The well, the first in PL714, was drilled in about 429m water depth, using the Transocean Spitsbergen semisubmersible drilling rig (pictured)…
Faroe Petroleum has completed the acquisition of a 53.1% operated interest in the Schooner field and a 60% operated interest in the Ketch field in the UK southern North Sea gas basin from Tullow Oil. Both fields are in Blocks 44/26a and 43…
Australia-based Sunbird Energy has agreed a deal to raise more than AUD$25 million to help advance its Ibhubesi Gas Project offshore South Africa. The deal involves Pan-African investment company Vandasia Investments acquiring 43.9% interest…