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QGEP gauges two FPSO sizes for Atlanta heavy crude The first Brazilian independent oil company Queiroz Galvao Exploration & Production (QGEP) and its partners, OGX Petróleo e Gás Participações S.A (OGX) and Barra Energia do Brasil Petróleo e Gás Ltda (Barra Energia), are currently evaluating two different schemes to develop the offshore Block BS-4 and select the […]

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E.ON to acquire stake in GDF-Suez Austen (ex Jacqui) On May 30th 2013, the German-based E.ON signed an agreement with the French GDF-Suez to take 25% stake in the Austen discovery in the Central UK North Sea. Until then, GDF-Suez was the solely owner of the working interests in Austen. After the transaction, GDF-Suez will hold 75% […]

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Anadarko combines subsea and FPU in Rovuma Area-1 The Houston based Anadarko Petroleum  (Anadarko) and its partners  Mitsui E&P (Mitsui), BPRL Ventures Mozambique B.V. (BPRL), Videocon Mozambique Rovuma (Videocon), PTTEP and ENH, are exploring all the potential solutions for the offshore part of its liquefied natural gas (LNG) project in the area-1 of the Rovuma Basin Offshore Mozambique. Since 2011, Anadarko accumulated major discoveries in the Area-1 […]

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British Columbia LNG project in design competition The Malaysia national oil company Petronas and its partner Japan Petroleum Exploration Corporation Ltd (Japex) are opening a design competition for the greenfield Pacific Northwest LNG project in British Columbia, Canada. This decision came out after the completion of the acquisition of the Canadian company Progress Energy Resources […]

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