Sasol has announced a joint pre-feasibility study for a large-scale gas-to-liquids (GTL) plant, which will be based on gas from the Rovuma Basin in northern Mozambique. The study, which is being conducted in conjunction with Mozambique’s national oil company…
A cost reduction program has meant Total has now decided to move forward with its West of Shetland Edradour subsea development, the French oil major said today. Edradour, in Block 206/4a, in about 300m water depth, 75km northwest of the Shetlands…
Woodside announced that the Toro-1 exploration well in permit WA-430-P has intersected approximately 150m gross gas and 65m net gas within the Mungaroo Formation target. The Toro-1 well was drilled to a total depth of 3724m, referenced from the rig rotary table…
Premier announced today that the first gas under the Domestic Swap Agreement (DSA) commenced on 1 July. Premier will supply up to an additional 40BBtud (gross) from its operated Natuna Sea Block A offshore Indonesia to the domestic market…
Laffayete, Louisiana-based Stone Energy agreed to sell its non-core Gulf of Mexico conventional shelf properties to Talos Energy Offshore for US$200 million in cash and $117 million in future undiscounted liabilities, the company announced on 30 June 2014…
The Leviathan field consortium has signed a preliminary deal with BG Group to export up to 3.75Tcf of natural gas over a 15-year period to the UK major’s LNG plant in Idku, Egpyt, operator Noble Energy announced. Under the terms of the non-binding letter of intent (LOI)…
UK-based, Africa-focused explorer Bowleven has agreed to sell a 50% stake in the Etinde Permit, offshore Cameroon, to LUKOIL and NewAge, for about US$250 million, under a conditional agreement. LUKOIL is to acquire a 37.5% interest in the Etinde Permit…
Updated 26 June The US House of Representatives passed bill HR6, the Domestic Prosperity and Global Freedom Act on 24 June, after debates held this week. The House Energy & Commerce (E&C) committee approved HR 6, authored and sponsored by Rep…
Santos (40%) and GDF SUEZ (60% and operator) have said that the Bonaparte LNG project partners will consider other potential development options, in addition to the floating LNG concept, to develop the Petrel, Tern and Frigate natural gas fields…
Genesis Oil & Gas consultants has been awarded an upstream concept select study by BG Group, as operator of Blocks 1, 3, and 4, offshore Tanzania. Genesis' scope of work includes considering the upstream facilities required to develop large discoveries made in the three blocks…
Statoil announced the discovery of 2 to 3tcf of natural gas in place in the Piri-1 well, bringing the total of in-place natural gas volumes up to approximately 20tcf in Block 2 offshore Tanzania. The new gas discovery was made in the…
Cyprus-based Energean E&P Holdings Ltd. has farmed-in and taken over as operator of the Sara and Myra license blocks about 25 mi. off the coast of Israel. [shaded blue in map at right] Six of the seven partners agreed to the farm-in, including Modiin Energy Limited Partnership…
The US Energy Information Administration (EIA) announced on 10 June that they predict US oil and natural-gas production in the Gulf of Mexico is at low risk of hurricane-related production outages for the 2014 hurricane season. The EIA…
Saudi Aramco made a deepwater oil discovery, Al-Haryd, in the Red Sea in 2013, the firm has revealed in its annual report. The discovery was one of three oil and two gas fields made by Saudi Aramco in 2013, taking its total number of discovered fields to 121…
SapuraKencana Energy Sarawak Inc. (SKE) announced the discovery of four non-associated natural gas wells in the SK408 Production Sharing Contract (PSC) area. These are the first four wells of a 10-well commitment in the SK408 PSC, a 4480sq km area…
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