BP & Maersk Oil Approve Front End
BP and its partner, Maersk Oil North Sea UK Limited, announced the approval of FEED (Front End Engineering and Design) for the Harding Area Gas Project. This is the first stage of a development project to allow the production of gas from the Harding area and prolong the life of the field beyond 2015. The project, which comprises a new gas processing platform bridge-linked to the existing Harding platform, will have the potential to process and export gas at rates of up to 400 million standard cubic feet of gas per day (mmscfd). The project would also involve the subsea tie-back of the Devenick field and a gas export pipeline to connect the new gas platform to the existing Brae gas transmission pipeline. The final project approval decision is expected to be made around the end of the year.
New Gas Shipping Firm Formed
Bergesen d.y. Group ASA plans to set up with A.P. Moeller a new gas shipping firm, Skandigas Ltd. Skandigas will specialize in semi-cooled gas ships of between 8,000 cubic meters and 22,000 cubic meters. Skandigas will be the main company in a new pool. Bergesen said that its partners in the Handygas- and Igloo-pools and A.P. Moeller's partners in the Moeller Semiref Pool, would be invited to participate in the new pool. The new pool will be marketed by the Danish partner and will begin operations from November 15 dependent on approval from existing pool partners, Bergesen said.
Major Conference Marks Helios Final Phase
A major international conference on November 27 in Copenhagen marked the final phase of the EU-funded Helios project. Helios is a cooperation research project within the EU´s seventh Framework Program for Research and Technical Development/Transportation with MAN Diesel & Turbo acting as coordinating partner. The general objective of the project is to develop a research platform for an electronically controlled, two-stroke, low-speed, marine diesel engine that operates on the principle of the direct injection of HP Compressed Natural Gas (CNG) to meet the needs of the emerging LNG market. A large audience of 100 experts from around the…
High Voltage Sub-sea Cable Contract for ABB
ABB wins Statoil order to install high voltage power subsea cables to the 'Troll' A gas platform on the western coast of Norway. The Troll A concrete deep water structure is the world’s largest natural gas production platform, 473 meters tall and weighs 1.2 million tons; it is the tallest structure ever to be moved by mankind. The platform can produce as much as 120 million cubic meters per day; it contains approximately 40 percent of the natural gas reserves on the Norwegian Continental Shelf and is a cornerstone of the gas supply to the European Continent.
Russia – Turkey Gas Pipeline Approved
Ankara hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Turkish Minister of Energy and Natural Resources. The parties discussed the main issues of constructing a new gas pipeline across the Black Sea towards Turkey. The meeting considered the preliminary feasibility study on the new gas pipeline and approved its new route. The four strings will have an aggregate capacity of 63 billion cubic meters a year. 660…
Qatar to Boost LNG Production by 30% Amid Arab Dispute
State-owned Qatar Petroleum said Tuesday it aims to raise Qatar’s LNG production from 77 million to 100 million tons per year. The new additional volumes will be secured by doubling the size of the new gas project in the southern sector of the North Field, which Qatar Petroleum had announced last April. This will increase the North Field’s production of natural gas, condensate and other associated products by one million barrels of oil equivalent per day. The announcement was made by Saad Sherida Al-Kaabi…
Hyundai Starts Export of LNG Fueled Engines
The new gas engine runs on liquefied natural gas rather than heavy crude oil and has a maximum power output of 13,000 bhp. The HiMSEN H35/40GV can be used to generate power for onshore power plants, commercial ships, and offshore facilities including drillships. The new engine emits 20% less carbon dioxide than diesel engines, reduces NOx emissions by 97% to reach world’s lowest level of 50 ppm, and improves engine performance by 47%. The Ulsan, South Korea-based company will export the engine to an onshore gas-powered power plant in the Middle East after final paint and packing work. Mr.
WorleyParsons Wins Contract from Saudi Aramco for Marjan Oilfield
Australia's WorleyParsons has won a contract from state oil firm Saudi Aramco to conduct engineering and design work for offshore facilities and pipelines for the expansion of the Marjan oilfield in Saudi Arabia, industry sources told Reuters. Worleyparsons and Saudi Aramco declined to comment. Under the new contract, the Australian company will design and engineer new offshore facilities such as platforms and additional pipelines to link to a new gas facility in Tanajib on the Gulf coast, and from Tanajib to the expanded natural gas liquid (NGL) facility in Khursaniyah, one of the sources said. Saudi Aramco is expanding the oilfield to meet increased demand for gas at home.
Aker Solutions Get Shetlands LNG Contract
Aker Solutions wins three year Total E&P UK & J/V partner Dong E&P UK contract for work on Shetland, Scotland, LNG plants on & offshore. The agreement includes provision of operations, maintenance and services support personnel for Total E&P UK at the new gas plant, which will receive gas from the Laggan and Tormore fields, west of Shetland. The contract is valid for three and a half years with an optional two year extension. It will see the creation of up to 150 positions in support of the contract, both on-site at SGP and onshore in Aberdeen. Contract value is undisclosed.
CNOOC to Invest $12B in Gas, Oil Exploration
The China National Offshore Oil Corporation (CNOOC) will invest $12.5b in gas and oil exploration in the next five years, CRI reported. By 2010, more than 50 new gas and oil fields of CNOOC Limited will be completed and put into production. The new fields, 24 of which are under construction and 13 under development assessment, are mainly located in East China's Bohai Sea, the Pearl River estuary and the Beibu Gulf in the South China Sea. By 2010, CNOOC Limited will have a production capacity of 50 million tons of oil equivalent, including 38 million tons of crude oil and 12.6 billion cubic meters of gas. (Source: CRI)
Texaco Announces Discovery Off Australia
Texaco announced two new gas discoveries in the Northern Carnarvon Basin, offshore Western Australia by joint ventures comprising Texaco, Chevron, ExxonMobil, Shell and BP. The Iago-1 well, located in Exploration Permit WA-25-P and the Io-1 well in Exploration Permit WA-267-P follow successful wildcat discoveries Geryon-1 (1999), Orthrus-1 (1999), Urania-1 (2000), Maenad-1 (2000) and Jansz-1 (2000) made by Texaco and its partners in the same area adjacent to the giant Gorgon gas field. The Iago-1 well was drilled to a total depth of 11,100 feet in a water depth of 387 feet. Wireline logs and formation tests have been run and indicate that a hydrocarbon column has been intersected in the Triassic Mungaroo Formation primary objective.
Malaysian Oil Sector Rebalances Portfolios
New research by DNV GL, the technical advisor to the oil and gas industry, has revealed that confidence in growth in the Malaysian oil and gas sector has tumbled since 2014, from 96% to 21%, with tough, short-term, cost-cutting efforts expected to increase in 2017. Diversification will be a hallmark of 2017, with 49% of those surveyed looking to increase investment in, or diversify into, areas beyond oil and gas. Thirty-seven per cent of senior oil and gas professionals in Malaysia are actively looking for new gas projects as a result of falling oil prices, compared to 31% globally.
Mobil Discovers New Gas Fields Of Australia
Mobil's wholly owned subsidiary, Mobil Exploration & Producing Australia Pty Ltd., has found significant new gas resources in the Carnarvon Basin, off the northwest coast of Western Australia. This follows two recent major discoveries in exploration permit WA-267-P, in which Mobil has a 25 percent interest. The Orthrus-1 well, the second well of a six-well exploration program in the permit, spudded on October 1 in 3,937 ft. (1,200 m) of water. It reached a depth of 11,712 ft. (3,570 m) and has intersected a total of 173 ft. (53 m) net gas pay. The Orthrus-1 well is located about 16 miles southwest of the Geryon-1 well, the first exploration well in WA-267-P. Geryon-1 was drilled to a total depth of 11,624 ft. (3,543 m).
Gazprom, OMV Meet on Establishing Nord Stream JV
At a Meeting held at the Gazprom headquarters between Alexey Miller, Chairman of the Company's Management Committee and Rainer Seele, Chairman of the Executive Board of OMV, issues of the Nord Stream II project implementation, particularly, the preparations for the Shareholders' Agreement on setting up a joint venture for constructing the new gas pipeline were addressed. This was pursuant to the June 18, 2015 Memorandum of Intent signed by Gazprom, E.ON, Shell and OMV stipulating…
Fourth LEG/LPG Tanker Started
Magne Morken, Managing Director of the Norwegian shipping company Solvang ASA, pushed the button of the computer-controlled plasma torch for the steel construction of the fourth gas tanker out of a series of four. Cutting of the first steel plate marks the start of the production process of the new gas tanker. The LEG/LPG tankers will have a length overall of 154.9 m, a breadth of 22.70 m and a cargo capacity of 17,000 m3. They will be able to operate at a speed of 17 knots. In addition to ethylene, the tankers will also be able to carry vinyl chloride monomer, ammonia and propylene oxide, cooled down to minus 48° C. Deliveries of these special vessels, yard numbers S. 653, S. 654, S. 681 and S. 682, are scheduled for the 3rd and 4th quarter of 2007 and the 3rd and 4th quarter of 2008.
New Gas Pipeline To Turkey
Alexey Miller, Chairman of the Gazprom Management Committee and Mehmet Konuk, Chairman of the Board of Directors of Botas Petroleum Pipeline Corporation yesterday, signed in Ankara a Memorandum of Understanding on constructing an offshore gas pipeline across the Black Sea towards Turkey. The Memorandum was signed in the presence of Vladimir Putin, President of the Russian Federation and Recep Erdogan, President of the Republic of Turkey. The new gas pipeline will have a capacity of 63 billion cubic meters…
ConocoPhillips Confirms North Sea Discovery
ConocoPhillips confirmed the discovery of a new gas condensate field in blocks 30/6 and 30/7 in the United Kingdom sector of the North Sea, approximately five miles (nine kilometres) west of the Judy field. ConocoPhillips UK Limited is the Operator and holds a participating interest of 36.5 percent in the new discovery along with ENI SpA (33.0 percent) and BG Group (30.5 percent). Exploration well 30/6-6, which ConocoPhillips drilled earlier this year in a water depth of 265 feet (81 meters), confirmed the presence of a hydrocarbon accumulation. An immediate sidetrack of the well, drilled to a total depth of approximately 16,000 feet (4800 meters) True Vertical Depth Subsea (TVDSS), further delineated the discovery.
Spirit Energy 76 Discovers New Gas Field
Unocal Corporation's Spirit Energy 76 unit said a wildcat exploration well in 240 ft. of water on its 100-percent owned Ship Shoal block 295 offshore Louisiana has discovered a significant new natural gas field with an ultimate discovery volume of as much as 130 billion cubic feet (bcf). Spirit Energy also said its net production reached 175,000 boepd at the end of 1999. The company expects continued production strength into 2000 due to increased development activities and exploration success resulting from higher capital spending in the last six months of 1999. "A discovery of this size in shallow water that can be brought on production quickly at high rates has extremely attractive economics," said Timothy H.
Qatar Issues Offshore Oil Construction Tender
Qatar Petroleum (QP) has issued a construction services tender covering its offshore fields as part of a three-year deal. The scope of works includes fabrication, piping, welding, painting, hydro testing and crane support facilities. In addition, three boats equipped with a deck-mounted crane and offshore construction crew will be required to work on QP's offshore facilities and operational structures. QP says the deal may be split into four separate contracts or could also be awarded as one job. The closing date for bids is 22 June with the contract scheduled to start by 26 September. While Qatar has halted exploration on its mammoth North field, four new gas blocks are to be tendered to oil majors in the next 12 months.
Discovery of Gas Accumulation at Espírito Santo Basin
Petróleo Brasileiro S.A. – Petrobras announces the discovery of new gas accumulation at Espírito Santo Basin post-salt. The discovery took place during drilling of well 3-BRSA-1259-ESS (ANP nomenclature) / 3-ESS-222 (Petrobras nomenclature), informally known as Tanganika, at a water depth of 1,043 meters, located in the Malombe Discovery Evaluation Plan (PAD), 72 km off the coast of the Espírito Santo state. The discovery was confirmed through logging carried out in reservoirs located at depth of around 2,880 meters. The well has reached the total depth of 2,996 meters.
DNV GL Gas Ready Notation
With the IGF Code practically finalized, the introduction of sulphur limits and burgeoning infrastructure and production capability, LNG as a ship fuel is spreading rapidly through the maritime world. DNV GL’s new GAS READY notation gives owners, who at the new building stage want to prepare their vessel for a potential conversion to LNG operation after delivery, a useful framework for contracting. It provides a clear picture of the level of LNG fuelled preparedness of their vessel, as well as guidance on the scope of the contemplated work to all involved parties.
New Zealand Mulls CNG Imports
New Zealand energy companies are considering importing compressed natural gas to help make up a possible gas shortfall when the Maui field runs dry in 2010, as reported in the New Zealand Herald. As the Maui gas field, off the south coast of Taranaki, nears the end of its life, concern is mounting about how to make up the energy shortfall if no new gas fields are found. CNG would overcome several objections to one of the alternatives gaining traction - the importation of liquefied natural gas. But it may be more complicated and expensive. If energy companies decide LNG is the most viable option, they would most likely - with Government help - spend as much as $684 million to build an LNG terminal at Marsden Point or New Plymouth.
Statoil Receives Contract
Statoil and British Gas Trading Ltd, a wholly owned subsidiary of Centrica, have signed a gas sales contract for supplies of five billion cubic metres of natural gas per year. Supplies will start on October 1, 2005 and run for 10 years. This is Statoil's largest sale since the Troll gas sales agreement in 1986 on the basis of annual volumes. The contract reinforces Statoil's position as the largest importer of gas to the UK. managing director of Statoil UK. increase the supply of gas to meet the UK's growing energy needs. supply. supplies of 1.6 bcm per year over fifteen years. "Statoil looks forward to cooperating with British Gas Trading. market, increases Statoil's commercial opportunities. market segment where we are not active. concludes Mr Bjørnson.