Natural Gas News

 

Eni strikes Gamma gas off Libya

Apr 05, 2017

Italian giant Eni has discovered gas and condensate at the Gamma prospect, offshore Libya. Image of Area D, from National Oil Corp. Gamma is in the Contract Area D, 140km offshore from Tripoli…

Trendsetter gets Leviathan contracts

Apr 05, 2017

Trendsetter Engineering has been awarded multiple contracts to design and manufacture subsea production equipment for Noble Energy’s Leviathan Project, a large natural gas field development in the Eastern Mediterranean Sea off the coast of Israel…

Aker BP, Faroe approve Tambar redevelopment

Mar 30, 2017

Aker BP has approved the redevelopment of Tambar in the southern North Sea that is expected to extend the production period by some 10 years. Image of Ula, from Aker BP. The plan consists of two additional wells and gas lift…

Castex sets Hummer first oil for Q3

Mar 30, 2017

Petsec Energy is estimating first production at its Hummer oil and gas field in late Q3 2017. The company provided an update on the development of field, which extends over Main Pass Blocks 270, 273 and 274, in the Gulf of Mexico, offshore Louisiana…

BP in third Egyptian gas find

Mar 27, 2017

BP has scored again with a third gas find at the North Damietta Offshore Concession in the East Nile Delta, Egypt, the supermajor said today (27 March). According to BP, 37m of net gas pay was found at the Qattameya Shallow-1 exploration well in high quality Pliocene sandstones…

Video: Eni's Jangkrik to set sail to Indonesia

Mar 21, 2017

Eni’s Jangkrik floating production unit (FPU) is ready to set sail to the deepwater Kutei Basin offshore Indonesia, with first gas forecasted for June. Image of the Jangkrik ceremony, from Eni Twitter…

Statoil in minor Mim find

Mar 10, 2017

Statoil made a 1-5 Bcm gas discovery at the Mim prospect in the Norwegian Sea, according to the Norwegian Petroleum Directorate (NPD). Map from the NPD. The finds were made at wildcat well 6507/3-12 and appraisal well 6507/3-12 A…

Exxon joins Eni at Area 4 off Mozambique

Mar 09, 2017

US giant ExxonMobil and Italy’s Eni signed a US$2.8 billion cash deal that will see ExxonMobil acquire 25% indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Map of Area 4…

Exxon, Sevan ink FLNG frame agreement

Feb 24, 2017

Norwegian cylindrical floating production unit designer Sevan Marine won a long-term framework agreement with US supermajor ExxonMobil. Sevan Marine has been working with ExxonMobil since 2015, when it was given a feasibility study to…

Noble sanctions Leviathan

Feb 23, 2017

Noble Energy has sanctioned the US$3.75 billion phase one of the giant Leviathan project, as partners in the Israeli gas field have approved the final investment decision.  Leviathan sits in1600m water depth, 130km offshore Israel, and is estimated to contain 22 Tcf of natural gas…

Chevron picks up new Australian exploration permit

Feb 20, 2017

US oil major Chevron has picked up a new exploration permit in a 'gas-rich' part of the Carnarvon Basin, offshore western Australia.  Chevron paid US$2.3 million (A$3 million) for the cash bid permit WA-526-P, which will last six years…

BP completes Zohr stake acquisition

Feb 14, 2017

BP has completed the US$375 million deal to buy a 10% interest in the Shorouk concession offshore Egypt, containing the super-giant Zohr gas field. Eni CEO Claudio Descalzi, Bob Dudley, CEO of BP, and the Egyptian Minister of Petroleum…

Aussie tax changes could risk investment

Feb 01, 2017

Although Australia has some of the most progressive fiscal regimes for offshore oil and gas, the country is being short-changed in LNG exports, which is on the verge of further expansion this year. Audrey Raj reports.  Shell’s…

LR starts Subsea Inspection Services

Jan 31, 2017

Lloyd’s Register (LR), a provider of integrity, compliance and specialist risk consulting services, has begun its Subsea Inspection Services to support underwater inspections of subsea pipelines, assets and facilities to energy companies operating offshore…

Eni strikes gas at Merakes 2 off Indonesia

Jan 31, 2017

Italian giant Eni discovered pay at the first appraisal well of its Merakes discovery offshore Indonesia. Image from Eni. The company successfully drilled and tested the Merakes 2 well…

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