NEWS — Click on text to read news by category: General | Product | People | Worldwide
UK OGA Approves Development Plan for Buzzard Phase II Project, North Sea
August 9, 2018
The UK Oil and Gas Authority (OGA) has approved the development plan for the Nexens-operated Buzzard Phase II field located in the North Sea. Nexans has also received full sanction from its partners for the Buzzard Phase II (BPII) project.
BP Begins Gas Delivery from $28 Billion Shah Deniz 2 Project, Offshore Azerbaijan
August 9, 2018
BP and its Shah Deniz consortium partners have started commercial delivery of natural gas from $28bn Shah Deniz 2 development in the Caspian Sea offshore Azerbaijan, to Turkey. Said to be the first subsea development in the Caspian Sea, the
DNV GL Secure Cross-service Contract for Shell’s Penguins Field Redevelopment, UK
August 7, 2018
DNV GL has been awarded a cross-service contract to support Shell’s Penguins Field redevelopment in the UK Continental Shelf. The contract with Shell involves a team which will deliver an integrated verification and class project for the operator’s Penguins floating
Inpex Begins Production at $34 Billion Ichthys LNG Project, Australia
August 7, 2018
Japanese oil firm Inpex and its partners have started gas production from the $34bn Ichthys LNG project located about 220km offshore Western Australia. Production has commenced from the wellhead following successful completion of safety verifications, which included additional verifications of
Argentina to Start Natural Gas Exports to Chile in October 2018
August 6, 2018
Reuters quoted Argentina will begin exporting natural gas to Chile from October, the Argentine Energy Ministry as saying that, following a meeting between the governments of both countries. The gas will come primarily from the Vaca Muerta shale field in
Jemena Completes Construction of $603 Million Northern Gas Pipeline, Australia
August 6, 2018
Jemena has completed construction of the A$800m ($603m) Northern Gas Pipeline (NGP), an inter-state gas transmission pipeline laid between Northern Territory (NT) and Queensland in Australia. The 622km long Northern Gas Pipeline, which broke ground in last July, transports gas
Cuadrilla Secures Hydraulic Fracturing Approval for Horizontal Shale Gas Well, Lancashire
August 2, 2018
Cuadrilla has received final hydraulic fracture consent from the Department for Business, Energy & Industrial Strategy (BEIS) for its first horizontal shale gas exploration well at its Preston New Road site in Lancashire. All other relevant planning and permits required
Aker BP to Acquire Total’s Norway Offshore Acreage for $205 Million
August 2, 2018
Aker BP has signed a deal to acquire Total E&P Norge’s stakes in a portfolio of licenses located on the Norwegian Continental Shelf for a total of $205m. Included in the portfolio are four discoveries — Trell, Trine, Alve Nord
Petrobras Begins Production at Tartaruga Verde Field in Campos Basin, Offshore Brazil
July 31, 2018
Brazilian national oil company Petróleo Brasileiro (Petrobras) has commenced oil production from the Tartaruga Verde field located offshore Brazil in the deep waters of the Campos Basin. According to Petrobras, the Tartaruga Verde field has good quality oil (27º API).
NNPC Awards FEED Contracts for $4.3 Billion NLNG Train 7 Expansion Project, Nigeria
July 30, 2018
Nigerian National Petroleum (NNPC) and its partners have awarded awarded front-end engineering and design (FEED) contracts for Train 7 of the Nigeria Liquefied Natural Gas (NLNG), to enhance its output. The FEED contracts were awarded to B7 JV Consortium and
