Shell has started oil production from the Malikai Tension-Leg Platform (TLP), located 100-kilometres off the coast of the Malaysian state of Sabah. Located in waters up to 500-metres deep, Malikai is Shell’s second deep-water ...
Tags: Shell, Oil Production
During his stay in Perth, Australia for the 18th International LNG Conference, Senior Vice President of Sinopec Corp. Wang Zhigang met with Vice President of ExxonMobil Gas & Power Marketing Richard Guerrant on April 10, and ConocoPhillips ...
Tags: Sinopec, 18th International LNG Conference, ExxonMobil, ConocoPhillips
Alaskan legislators on Wednesday approved the state's buyout of TransCanada's interest in the Alaska LNG Project. The state House of Representatives voted Wednesday to approve funds for the acquisition, which was proposed by Governor Bill ...
Tags: Alaska LNG, TransCanada, oil revenues
Noble Energy's two long-awaited deepwater Gulf of Mexico fields came on stream ahead of schedule in late October and should reach peak in the next couple of weeks, the company's CEO said Monday. The Dantzler and Big Bend fields, in water ...
Tags: Noble Energy, Crude, sales volumes
The Indonesian government reached a deal with lawmakers late Wednesday to revise down its targets for subsidized fuel consumption and crude production in its 2014 budget to make the figures more realistic, officials said. The measure cuts ...
Tags: fuel consumption, crude production
The World Bank has called on Bangladesh to raise domestic natural gas prices after five years without an increase. "The administered price of domestically produced natural gas is fixed at a level considerably below that of the ...
Tags: Natural Gas, Domestic Prices
Farstad Shipping has been awarded the following charter contracts: Statoil has declared their one year option to extend the contract for the PSV Far Serenade (2009, UT 751 CD, 5,944 DWT). Saipem has declared their one year option to ...
The Australia Pacific LNG project is currently around 60% complete and remains on track to deliver its first cargo in mid-2015, joint venture partner Origin Energy said Thursday. Origin is the upstream operator of the coalseam gas-based ...
Tags: Pacific LNG, Chemicals
Statoil, along with partners ConocoPhillips and Nunaoil, has been awarded block 6 in the East Greenland licence round. Statoil will be operator of the block. Block 6 is located offshore north-east Greenland in a frontier area. Statoil ...
Senegal hopes to find shale gas in its onshore Paleozoic Basin in the next two years having awarded exploration licenses to international companies, the head of state-owned Petrosen said Thursday. The west African nation, already a small ...
Tags: Shale Gas, Metallurgy
Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) announced today that its wholly owned subsidiary, Corpus Christi Liquefaction, LLC ("Corpus Christi Liquefaction") and Bechtel Oil, Gas and Chemicals, Inc. ("Bechtel") have entered into ...
Tags: Cheniere Energy, Metallurgy
A group comprised of 17 oil and gas companies has established a project for joint seismic acquisition in the southeastern Barents Sea. Statoil is the operator of the project. At the request of the Norwegian Ministry of Petroleum and ...
Tags: Metallurgy, Mineral, Energy, oil, gas
ConocoPhillips (NYSE: COP) today announced a 2014 capital expenditures budget of $16.7 billion for continuing operations. Investments during 2014 will target the company's diverse portfolio of global opportunities. Approximately 55 percent ...
The CO2 EOR market is a well established sector of the oil and gas industry in the United States with the first commercial projects dating back to the early 1970s. The key enabler of this success has been the availability of a large volume ...
Tags: CO2, Oil Recovery
ConocoPhillips (NYSE: COP) today announced it has completed the transaction with Pertamina for the sale of its Algeria business unit for a total sales price of $1.75 billion, which resulted in proceeds of $1.65 billion, including customary ...
Tags: Metallurgy, Mineral, Energy