CNOOC Limited said it has achieved a total net production of 79.8 million barrels of oil equivalent (BOE)in the first quarter of 2012, representing 6.3% decrease year over year (YoY) mainly due to the suspension of production of Penglai 19-3 oilfield at Bohai which is operated under a production sha
ATWOOD OCEANICS said that one of its subsidiaries has been awarded a three year contract extension by Chevron Australia, for the semisubmersible Atwood Osprey. The Atwood Osprey commenced its initial three year drilling services contract with Chevron on May 27, 2011 for operations offshore Australia
Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting on boosting the use of natural gas as a vehicle fuel. Opening the meeting Alexey Miller said: “The time has come for a breakthrough in the Russian natural gas vehicle (NGV) market and Gazprom is the only domestic company
India’s Minister of Trade and Industry Anand Sharma announced India’s plans to double its imports of liquefied natural gas (LNG) from Qatar, having met with the Qatari counterpart Mohammed bin Saleh Al-Sada, who is also Chairman and Managing Director of Qatar Petroleum. Reuters cited India’s Trade M
Total announced first production from its Islay gas field in the Northern North Sea, 440 kilometers north-east of Aberdeen. Total operates and fully owns the Islay field, which was discovered mid 2008 and is mainly located in Block 3/15 of the United Kingdom sector and partly in Blocks 29/6a and 29/
Black & Veatch, in partnership with Chemtex, said it has been selected by Jilin Qianyuan Energy Development to deliver a major liquefied natural gas (LNG) facility. Once completed in late 2013, the 500,000 NM3/D plant will be the largest of its kind in northeast China and will feature Black & Veatch
Beach Energy Limited announced that the Moonta-1 shale and basin centred gas well has reached total depth of 3,810 metres yesterday. “Beach is greatly encouraged by initial indications from mud logs that the well is gas saturated throughout the Permian target zone, from the Toolachee Formation to ba
Karoon Gas Australia said that at 08:00 hours (WST) today, the Boreas-1 exploration well was ready to make up the 12-1/4” bottom-hole drilling assembly prior to running in the hole to drill ahead. Since the last report a 36” hole was drilled, the conductor was run and cemented at 572 m, a 17-1/2” ho
Oil Search of Papua New Guinea said it has spent US$357.8 million during the first quarter of 2012 on the PNG LNG Project. The company a has a 29% interest in the LNG project. Peter Botten, Managing Director of Oil Search, said: “Visible progress was made at the PNG LNG plant site during the first [
Tap Oil Limited announced that it has entered into a binding agreement with Rusa Resources Pty Ltd (Rusa) to participate in the exploration of a significant acreage position in the onshore Carnarvon Basin, Western Australia. Rusa holds full equity ownership in two special prospecting authority (SPA)
Qatargas, the world’s largest LNG producing company, has outlined its future direction, whilst recognising its achievements, in an address given at the 18th Annual Flame 2012 (16-20 April) Amsterdam. At the global LNG conference, Alaa Abu Jbara, Qatargas’ Chief Operating Officer, Commercial & Shippi
Air Products said it has signed an agreement with JKC Joint Venture (JV) and INPEX Operations Australia Pty Ltd, for the supply of the liquefaction technology and main cryogenic heat exchangers for two process trains that will produce a total of 8.4 million tons of LNG per year. Air Products’ LNG he
As reported by Reuters, workers at the GDF Suez’s three liquefied natural gas (LNG) terminals in France went back to work on Monday. The strike termination is a result of an agreement GDF Suez’s Elengy unit proposed to the workers, which includes an improved manner of profit sharing. “We’re restarti
Niko Resources announced that Zaratex N.V as operator of the Lhokseumawe PSC has initiated drilling operations on the Candralila-1 well in western Indonesia. Niko recently took a 30% non- operating participating interest in the PSC (government approvals pending). The Candralila-1 well is the first o
