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Gas Discovery

Tanzania Offers Six Oil Blocks for Exploration

Tanzania has invited energy explorers to bid for six blocks in the east African nation that is fast becoming a new frontier in the hunt for oil and gas. According to a statement by the Tanzania Petroleum Development Corporation seen by Reuters, the six blocks are all inland and stretch from the southeast of the country to the northwest. Bidders have until December 3 to submit their documents. Tanzania has at least 14 companies exploring at sites both on and offshore, and it has so far found three areas with natural gas deposits. Its last licensing round was in 2004. Prospectors are studying east Africa afresh as insecurity in other parts of the continent and increasing energy nationalism elsewhere push them to seek new sources. Gas discoveries in Tanzania, and oil discoveries on the border between Uganda and Congo has peaked interest in the region, which had been largely overlooked. Among the companies exploring in Tanzania are Dutch group Shell International (RDSa.L), France's Maurel and Prom (MAUP.PA), Petrobras of Brazil (PETR4.SA) (PBR.N) and Ras al-Khaimah Gas Commission of United Arab Emirates. [Source: Reuters]


Deepwater Gas Discovery

Gas has been found by StatoilHydro in the Asterix prospect, which lies in 1,360 metres of water 345 kilometres west of Sandnessjøen in the Norwegian Sea. Preliminary estimates put the proven recoverable volume, which is located 80 kilometres west of the Luva gas discovery, at about 16 billion cubic metres (100 million barrels of oil equivalent). “This represents one of the bigger discoveries off Norway in recent years, and we’re very pleased with the result


Oil, Gas Industry Push Deeper

The oil and gas expanded the offshore drilling frontier in the Gulf of Mexico. Already one of the most explored basins in the world, the Gulf of Mexico’s deepest hydrocarbon deposits will be auctioned off later this year, the result of political maneuvering in the waning moments of the last Congress. This new area will attract interest from companies with deep pockets and lots of patience, according to industry experts.


Santos Strikes Oil

According to reports, the Australian oil exploration company Santos announced an oil and gas discovery at the Dua-4X exploration well currently being drilled in exploration Block 12E, offshore of Vietnam. Initial tests at the Dua-4X and Dua-4X ST1 wells, operated by Premier Oil, discovered oil and another well is to be drilled to evaluate reserves in the southern part of the field, said a Santos report. Santos have agreed in April this year to take a 37


Cygnus Begins Jacket Fabrication

L-R - Ian Conacher  GDF SUEZ E&P UK, Greg McKenna Centrica, John Robertson BiFab MD, R Jean-Claude Perdigues managing director of GDF SUEZ E&P  UK, Martin Adam BiFab, Gerry Harrison Bayerngas MD  and Ian Potts BiFab.

The ceremonial first cut of steel for the construction of the jackets on the Cygnus gas field project was celebrated today by operator GDF SUEZ E&P U.K. and partners Centrica Energy and Bayerngas at Burntisland Fabrication’s (BiFab) Methil yard in Fife, Scotland. This latest project milestone involves BiFab’s manufacturing facilities at Methil, Burntisland and Arnish and is expected to create 100 new jobs at Methil and 15 apprentice positions will be created at Methil and


Dana Gas Egypt Production Reaches 200 Million SCFD

egypt plant2.jpg

Dana Gas, one of  Middle East's leading regional private sector natural gas Company, announces that it has achieved gas production level in Egypt of 200 million standard cubic feet per day (equivalent of 41,500 boepd, including over 8,000 barrels per day of associated liquids), the highest level for the company in the country in 2 years. This represents a growth of 29% over the 2012 average. The Company’s core operations in the Nile Delta and its Egyptian Bahrain Gas Derivatives


Drillship Contracts Worth US$4-billion Awarded to Sembcorp

Sembcorp Marine secures US$ 4.032 Billion drillship contracts from Sete Brasil. Sembcorp Marine Ltd, through Jurong Offshore Pte Ltd’s wholly-owned subsidiarieshas secured contracts from Sete Brasil Participacǒes S.A. (Sete Brasil), for the design and construction of five drillships based on Jurong Shipyard’s proprietary Jurong Espadon drillship design. In addition to the above, Sembcorp Marine had earlier in the year announced that its wholly-owned Brazilian shipyard Estaleiro


Global Drilling Expected To Bounce Back In 2000

World drilling activity for oil and gas fell 24 percent in 1999 from 1998, but levels should bounce back in 2000, IHS Energy Group said. "In 2000, I expect levels to reach at least those of 1998," said Ian Cross, Asia director for IHS, who produced an IHS report on world drilling activity in 1999. "Some areas in 2000 will be slow to catch up. I think the Far East will be one of them. There is less money going into this region," he said.


Significant Gas and Condensate Discovery in the North Sea

The jack-up rig Maersk Gallant. (Photo: Ole Jørgen Bratland / Statoil)

Statoil has made a significant gas and condensate discovery in the King Lear prospect in the southern part of the Norwegian North Sea along with its partner Total E&P Norge. Exploration well 2/4-21 drilled by the jack-up rig Maersk Gallant in production licences 146 and 333, has proven a 48-metre gas/condensate column in the main bore 2/4-21 and an additional 70-metre gas/condensate column in the side-track 2/4-21A


CNOOC Announces Discovery

CNOOC Limited announced that it has achieved a new discovery, Luda (LD) 27-1, in Bohai Bay. Discovery well LD 27-1-1 is an independent wildcat spudded this July. The well was drilled in 16 meters of water to a total depth of 2772 meters. LD 27-1-1 encountered 34 meters of oil pay in 7 pay zones. The well was tested to flow 179 barrels of oil per day from three intervals 1170-1180, 1261-1267, 2691-2696 metres during drill stem tests.


East and South China Sea Disputes Need Creative Diplomacy

China and the United States appear headed for a damaging confrontation over the extent of China's territorial claims in the South and East China Seas. Now that China has become the world's largest importer of oil, and energy more generally


RWE Dea Starts Gas Production in Egypt

RWE Dea achieved first production from the Central Treatment Plant

  RWE Dea achieved first production from the Central Treatment Plant (CTP) of the Disouq Development Project in Egypt. Production commenced at an initial rate of 45 million standard cubic feet gas per day. Total production of 150 million standard cubic feet gas per day from the Disouq


New Western Flank Oil Discovery at Balgowan-1

Map of PEL 91 including Balgowan-1 and Burners-1

  Drillsearch Energy Limited announced that a new oil discovery at the Balgowan-1 exploration well in PEL 91 on the Western Flank Oil Fairway of the Cooper Basin. Wireline logs carried out at Balgowan-1 have confirmed a 9-metre gross oil column in the McKinlay-Namur and as a result


Sound Oil's Nervesa Gas Discovery

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  Sound Oil, the European / Mediterranean focused upstream oil and gas company, is pleased to update investors on its continued progress with the proposed second well addressing the Southern limb of the Nervesa gas discovery, onshore Italy.  


Lundin Petroleum Finds Arctic Oil

Arctic scene: File photo

Swedish oil firm Lundin Petroleum has confirmed the size of a significant oil discovery in the Arctic, the company said on Monday after completing a second well. The Gohta discovery in the Norwegian section of the Barents Sea is now estimated to contain between 111 and 232 million barrels Of oil


Fastnet to Farm in Tendrara Lakbir

Fastnet to farm in Tendrara Lakbir

  Fastnet, the UK and Irish listed E&P company focussed on near term exploration and appraisal acreage in Morocco and the Celtic Sea, announced that its wholly owned subsidiary Pathfinder Hydrocarbon Ventures Limited (Pathfinder) has entered into an amended exclusive option agreement


Greece Promises Tax Cut to Attract O&G Majors

Ionnis Maniatis

Greece is planning to cut tax rates for oil and gas companies as it wants to attract them to help exploit its untapped offshore hydrocarbon resources, its energy minister said on Tuesday. Under the plan, oil and gas explorers will pay 25 percent tax, down from 40 percent currently


Australia's AWE, PPP, NZOG To Drill 2nd Oil Well Off NZ Coast

Australia's AWE Limited, Pan Pacific Petroleum and New Zealand Oil and Gas Ltd will drill a $ 40 million oil exploration well off the coast of New Zealand after they were unable to case a first well drilled at the site, NZ Oil and Gas said on Tuesday.


Completion Of 2D Seismic Acquisition Programme - Somalia

Courtesy Soma Oil & Gas

  Soma Oil & Gas Exploration Limited, the Somalia focused oil and gas exploration company, announced the completion of its offshore seismic acquisition programme which commenced in February 2014. The seismic acquisition programme was carried out by SeaBird Exploration


Only a Fraction of LNG Export Projects Will be Built: Shell

Shell Prelude rendering courtesy of Shell

Only a fraction of the natural gas export projects being developed around the globe will become reality as high costs and weakening gas prices torpedo those that until recently promised huge returns on investment. Large natural gas field discoveries on and offshore have prompted several


Origin Buys Karoon's Offshore Gas Interest For $800 Mln

Origin Logo

Australian energy company Origin Energy Ltd said on Monday it will buy oil and gas explorer Karoon Gas Ltd's 40 percent stake in Poseidon, Browse Basin gas assets for up to $800 million. In a statement, Origin said the purchase gives it a strategic stake in one


YPF Makes Gas Discovery In Western Argentina

  Argentina state oil producer YPF said on Sunday it had made a discovery of 'tight gas' in the western Argentine province of Mendoza. The find by the Paso de las Bardas Norte xp-37 exploration well has a potential 25 million barrels equivalent of recoverable resources


RWE Dea's 'The Breagh Story' Wins Film Awards In Houston, Hamburg

RWE Dea

At the WorldFest 2014 International Film Festival in Houston, RWE Dea won the platinum award in the documentary category with “The Breagh Story”. The film also won the silver award in the energy category at this year’s WorldMedia Festival held in Hamburg.  


Algerian Reggane Nord Gas Project entering execution phase

Reggane Nord gas project

  A project consortium that includes RWE Dea has signed a major contract for the construction of a natural gas processing plant and infrastructure in the Algerian Sahara for the Reggane Nord project. The contract is valued at US$976 million and represents an important step forward for the


Offshore Energy Timeline:1806-2014

  1806  - Spring pole cable drilling developed in US. 1844  - Fluid circulating rotary well drilling patented in England. 1845  - Circulated fluid used to remove drill cuttings for first time. 1860  - Fluid circulation rotary diamond coring drill developed in France.






 
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