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Vestigo Petroleum Wins Rights to Develop Two Small Oil Fields Off Malaysia

Apr 21, 2021

Malaysia's Petronas has awarded the Production Sharing Contract (PSC) for the South East Collins Cluster under the newly introduced Small Field Asset (SFA) PSC terms, to Vestigo Petroleum.The South East Collins Cluster, located in water depths of 42 to 45 meters 70km northeast of Labuan Island, comprises two fields, South East Collins and Lokan which were discovered in the 1980s. With a combined estimated recoverable of 10MMstb…

Japan Opens Bidding for Goto Offshore Wind Farm

Jun 24, 2020

Japan's industry ministry on Wednesday launched a bidding process to select an operator for the 21 megawatt (MW) Goto offshore wind power project in Nagasaki, southern Japan, marking its first auction under a new law to promote the sector.The…

Chart Gets Order for Calcasieu Pass LNG

Aug 23, 2019

U.S. LNG equipment maker Chart Industries has received full notice to proceed (FNTP) regarding its production of cold boxes and brazed aluminium heat exchangers for Venture Global’s 10 million tpy Calcasieu Pass LNG export terminal project.The U…

EOG Bags Offshore Ireland Licence

Aug 08, 2019

United Kingdom-based exploration and production company Europa Oil & Gas  (EOG) has been awarded a 15-year frontier exploration licence for an area in the Slyne Basin, offshore Ireland.The area includes Europa’s flagship Inishkea prospect, which…

UK Plans to Boost Drilling

Jul 31, 2019

The Oil and Gas Authority (OGA), UK has published for the first time a Wells Strategy which provides a framework of how the OGA and industry will work together to deliver increased activity and improve performance.The OGA’s Wells Insights Report…

Woodfibre LNG Gets BC OGC Permit

Jul 05, 2019

Woodfibre LNG, a liquefied natural gas (LNG) export facility planned for Howe Sound on the southern B.C. coast,  has received its facility permit from the British Columbia (BC) Oil and Gas Commission (OGC).“Following a rigorous process, Woodfibre…

Novatek Wins New Russian Licences

May 24, 2019

Independent Russian gas producer Novatek and LNG operator Novatek has secured the right to explore on the Krasnoyarsk Territory.Russia’s largest LNG producer said in a press release that it has obtained five new licenses on the Krasnoyarsk Territory…

DOE Approves Port Arthur LNG Project

May 03, 2019

The U.S. Department of Energy (DOE) announced the signing of a long-term order authorizing the export of domestically produced liquefied natural gas (LNG) from Sempra Energy’s Port Arthur LNG export project to be built in Port Arthur, Texas…

Tellurian Clears Hurdle for LNG Export

May 02, 2019

Texas-based natural gas company Tellurian has announced that the US Department of Energy (DOE) Office of Fossil Energy has issued the long-term authorisation for Driftwood LNG to export domestically produced LNG from its proposed export facility to non-free trade agreement (non-FTA) countries…

BSOG Gets Approval in Offshore Romania

Apr 22, 2019

Romanian-based Black Sea Oil & Gas (BSOG), controlled by private equity firm Carlyle Group, said that it received approval from the Romanian government for the field development plan (FDP) for the Ana and Doina gas fields.The Ana and Doina gas fields make up the Midia Gas Development (MGD) Project…

FERC Authorises Driftwood LNG

Apr 21, 2019

U.S. Federal Energy Regulatory Commission (FERC) has granted the authorisation for the construction and operation of Tellurian's Driftwood LNG export facility in Louisiana, U.S.Driftwood LNG is a proposed 27.6 million tonnes per annum (mtpa) liquefaction export facility near Lake Charles…

ExxonMobil Wins 3 Blocks Off Argentina

Apr 17, 2019

U.S. oil major Exxon Mobil Corp said  that its unit and an affiliate of Qatar Petroleum had won three exploration blocks offshore Argentina.ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B…

Indonesia Okays Empyrean Plan for Mako Gas

Mar 12, 2019

Indonesia has approved the development plan for the Mako gas field, Empyrean Energy PLC and Coro Energy PLC said.Indonesia’s Ministry of Energy and Mineral Resources (MEMR) has approved the plan of development (POD) for the Mako gas field at the Duyung production sharing contract (PSC)…

EC Probes E.ON-Innogy Merger

Mar 11, 2019

The European Commission has opened an in-depth investigation into German utility E.on's  takeover of certain assets from domestic Innogy, saying the transaction may lead to higher prices for consumers.The deal, which is worth a reported €43 billion ($48 billion at today's conversion rate)…

Western Australia Curbs on Emissions

Mar 10, 2019

Western Australia’s Environmental Protection Authority (EPA)  has announced tough new measures aimed at curbing greenhouse gas emissions from large projects.This proposal could deter investment in the natural gas-rich state, a report in Reuters said quoting resource companies…

Current News

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After Sakhalin-2 Russia to Take Sakhalin-1 Project Under Its Control

Hellenic Cables to Deliver Inter-array Cables for Hai Long 2 & 3 Offshore Wind Farms in Taiwan

Hellenic Cables to Deliver Inter-array Cables for Hai Long 2 & 3 Offshore Wind Farms in Taiwan

'Energy Major' Buys 1,2 GW Floating Wind Farm Project from Hexicon Korea

'Energy Major' Buys 1,2 GW Floating Wind Farm Project from Hexicon Korea

Perdana to Provide AHTS Services to Petronas Carigali

Perdana to Provide AHTS Services to Petronas Carigali

OPEC's Secretary-General Barkindo Dies, Nigerian Oil Official Says

OPEC's Secretary-General Barkindo Dies, Nigerian Oil Official Says

Shell Joins Qatar's LNG Expansion Mega-Project

Shell Joins Qatar's LNG Expansion Mega-Project

Russia's Medvedev Says Oil Could Hit Up to $400 a Barrel if Japanese Proposal Adopted

Russia's Medvedev Says Oil Could Hit Up to $400 a Barrel if Japanese Proposal Adopted
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