Tuesday, June 18, 2013
Displaying 81 - 90 of 2954 articles
Far East Energy announced that 7 new wells have been commenced in the 12 days since the last 2013 China drilling program update release issued on Thursday, May 16, bringing to 23 the number of wells spudded in 2013. They are production wells 62-4D, 81-1D, 81-2D, 81-3D, and 165D and appraisal/exploration...
The Iran-Pakistan gas pipeline project may not be completed by the deadline of December 2014 because of the political transition in Pakistan. The project was delayed because important approvals for beginning construction of the pipeline could not be obtained from the caretaker government, Petroleum...
Energi Mega Persada (ENRG) has said that its subsidiary, EMP Energi Indonesia, has signed an agreement to divest its 10% stake in the Masela PSC block (Abadi LNG project) to INPEX Masela and Shell Upstream Overseas Services. ENRG plans to use the proceed from the sale...
Roc Oil and partners in the Basker Manta Gummy (BMG) gas project off Victoria, Australia have started the process of selling the mothballed asset. Roc’s partners in the project include Beach Energy and Indonesia's Pertamina Hulu. Mothballed for about a year, Basker Manta Gummy is thought to contain...
Royal Dutch Shell has pulled out from talks with Anadarko Petroleum Corp regarding buying a share of its gas discoveries off the coast of Mozambique, because the asking price had risen too high. Wall Street Journal reported that the Anglo-Dutch firm is returning its exploration focus to the...
Following a ten year decline, Santos' gas production capacity in the Cooper Basin in central Australia has risen for the past three years and is poised to surge by 30 per cent over the next two years, Sydney Morning Herald said. Santos said capacity at its operations in the Cooper Basin had risen for...
Italy’s energy firm Eni will reduce the quantity of gas it buys from Algeria. Eni and Algeria's Sonatrach have agreed on a package solution for 2013 and 2014 within the framework of their commercial discussions under the existing gas contract, Eni said. “This agreement is part of the...
Qatar’s proven gas reserves estimated at 885 tn cubic feet (tcf) will last around 160 years at the 2011 production rates, according to a report by Qatar National Bank (QNB). The Gulf state has world’s third largest gas reserves, QNB said in its soon-to-be-published ‘Qatar Economic...
The LNG export stalemate that has long plagued US liquefaction project proponents this month made a breakthrough. Freeport LNG has inched that much closer to joining the ranks of Cheniere Energy after securing consent to ship out LNG to an unlimited list of importing countries. The Department...
Essar Oilfields Services is planning to buy six specialised on-shore drilling rigs at a cost of about $36 million for coal bed methane (CBM) drilling contracts in India. The company sees significant opportunities in the CBM exploration sector, as new blocks are set to launch exploration in the coming months.
