Santos, as operator of the offshore Otway Basin producing fields (Casino, Netherby and Henry), in which AWE has a 25% equity, has completed a reassessment of reserves in those fields. As a result the initial proven plus probable (2P) recoverable reserves from these fields have reduced from 602.5 PJ
BG Egypt announced the start of incremental gas production on 19 January 2011 through the first part of Phase 7 of the West Delta Deep Marine (WDDM) Concession (BG Group 50%, PETRONAS 50%). This represents another successful milestone in the phased development of WDDM. Managed by the Joint Operating
Occidental Petroleum Corporation announced today it has been selected by the Government of Abu Dhabi to participate in the development of Abu Dhabi’s Shah gas field, one of the largest gas fields in the Middle East. Under the terms of the new agreement in principle, Oxy will hold a 40-percent partic
BHP Billiton today announced the approval of increased capital expenditure for the Esso Australia operated Kipper and Turrum projects in the Gippsland Basin, offshore Victoria. Kipper’s capital expenditure has increased to US$900 million (BHP Billiton share) and the facilities are now forecast to be
Two Wilh. Wilhelmsen companies join forces to provide a more comprehensive portfolio of solutions, equipment and services tailored to the maritime and offshore industries. The newly formed company, Wilhelmsen Technical Solutions, will be a global provider of fully engineered environmental, safety, H
Miller Petroleum, Inc. dba Miller Energy Resources, announced that Don A. Turkleson has been appointed to its Board of Directors. Mr. Turkleson fills a vacancy on the Board created by the resignation of one of our directors last June. Mr. Turkleson has over 35 years of accounting and financial exper
Bureau Veritas has issued rules for the classification of offshore floating gas units, covering structure design principles, hydrodynamic analysis, design loads, hull girder strength, hull scantlings, local structural improvements, the cargo containment system, stability and subdivision, arrangement
International oil and gas company INPEX CORPORATION has donated A$300,000 to the Queensland Premier’s Flood Relief Appeal and A$50,000 to the City of Perth Lord Mayor’s Gascoyne and Mid West Floods Appeal to assist in providing relief and rebuilding of communities affected by the recent floods. INPE
Nexans, the worldwide leader in the cable industry, has successfully completed a multi-million Euros, two-year, contract, for CCC (Consolidated Contractors Company S.A.L. (Offshore)-Teyseer Contracting Company W.L.L.-JV) based in Abu Dhabi, to supply power cables for the Ras Laffan Port Expansion pr
Statoil has been awarded interests in 11 production licences on the Norwegian continental shelf (NCS) yesterday, 18 January. Statoil is operator for eight of these licences. “We’re very pleased with this year’s awards,” says Gro Gunleiksrud Haatvedt, Statoil’s senior vice president for exploration o
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b
The Angola LNG company expects to start exporting liquid natural gas (LNG) in the first quarter of 2012, Angola’s oil minister, José Maria B… (macauhub) [mappress] Source: macauhub, January 19, 2011;
Petronet LNG Ltd, India’s largest importer of liquefied natural gas, Tuesday reported more than doubling of its net profit to about Rs 171 c… (yahoo news) [mappress] Source: yahoo news, January 19, 2011;
State-owned power firm (PLN) primary energy director Nur Pamudji said Wednesday that with his company’s dwindling stock of liquefied natural… [mappress] Source: thejakartapost, January 19, 2011;
