Definition Unconventional oil and gas refers to the oil and gas resources which cannot be explored, developed and produced by conventional processes just in using the natural pressure of the wells and pumping or compression operations. These unconventional crude oil and natural gas are trapped in the pores of sediments rocks called shale Comments Until the 1990s the […]
Hess awarded FEED for Semi-submersible on WA-390-P Block Established in New Jersey, the American Hess Corporation (Hess) is based in New York City, USA. Since 2007, Hess holds the 100% working interest of the WA-390-P Block offshore Western Australia to develop the Equus project. Equus is part of the $6.8 billion Hess’s capital expenditure budget
Hess progresses on Australia deep offshore Equus LNG project Read More »
Woodside in talks with ExxonMobil, BHP and Hess Earlier this year, Woodside Petroleum (Woodside) and its partners Tokyo Gas Pluto Pty ltd (Tokyo gas) and Kansai Electric Power Australia Pty Ltd (Kansai Electric) started up operations of the Pluto LNG project. Tokyo Gas and Kansai Electric are in the same time the purchasers of Pluto gas
Woodside eyes on third parties to trigger Pluto LNG expansion Read More »
Definition FLNG is the acronym of Floating Liquefied Natural Gas and refers to floating production unit of liquefied natural gas (LNG). Floating Liquefied Natural Gas is not the chemical derivative of any form of natural gas, this wording was invented to describe the manufacturing process to produce LNG. Comments At the wellhead, the natural gas is in fact a
Geitungen rises Johan Sverdrup beyond Statoil’s expectations on Utsira High While Statoil and its partners, Maersk, Petoro, Det norske oljeselskap and Lundin, are running intensive discussions to develop the giant Johan Sverdrup fields, the Geitungen discovery confirms all the potential of the still unexplored Utsira High areas within the Norwegian Continental Shelf (NCS). Located 140 kilometers west
Statoil to revise upward Johan Sverdrup with Geitungen discovery Read More »
Qatar Petroleum in JV with Exxon to export US LNG Qatar Petroleum (QP) and ExxonMobil announced to use their joint venture called Golden Pass Products to export liquefied natural gas (LNG) from USA. Created with 70% Qatar Petroleum working interests, the Golden Pass LNG project was constructed as a LNG import terminal. With this LNG import terminal, Qatar was securing
US shale gas expansion pushes QP and Sabic to go global Read More »
Definition Conventional oil and gas refers to petroleum, or crude oil, and raw natural gas extracted from the ground by conventional means and methods. Comments In practice conventional oil and gas, or the term of conventional resources, applies to oil and gas which can be extracted, after the drilling operations, just by the natural pressure
Zadco to extend Zirku oil processing and gas treatment The Abu Dhabi company Zakum Development Company Oil Company (Zadco) is a joint venture between the national oil company (NOC) Abu Dhabi National Oil Company (ADNOC) and the international oil companies (IOCs) ExxonMobil and the Japan Oil Development Company (JODCO). Zadco was created in 1977 to
Zadco to call for tender on Zirku island expansion Read More »
Cairn, San Leon, Genel increase footprint in Morocco On the same week, Cairn Energy (Cairn) announced to sign a Farm-in Agreement for offshore exploration and production while San Leon Energy (San Leon) extended its oil shale onshore acreage, both in Morocco. These moves reflects the potential of resources and the momentum taken by Morocco in
Morocco to boost offshore exploration and oil shale development Read More »
Definition Oil shale refers to solid hydrocarbon (kerogen) rock resulting from a decomposed organic matter still at solid state, in a sedimentary rock unit. The oil shale may also be called black shale. Oil shale and shale oil must not be confused as they do not mean the same thing since shale oil designates tight oil or tight shale
