Tags

ExxonMobil, BP, ConocoPhillips and TransCanada shape Alaska SC LNG

Kenai Peninsula selected to host Alaska SC LNG Trains The super major companies ExxonMobil, BP, ConocoPhillips and TransCanada have selected Nikiski on the Kenai Peninsula in South Central Alaska to locate the liquefied natural gas (LNG) plant for their giant Alaska South Central (SC) LNG Project. Over the last years these companies realized that the …

ExxonMobil, BP, ConocoPhillips and TransCanada shape Alaska SC LNG Read More »

Read

Shell, Nexus and Osaka set joint venture for Crux LNG and NGL

Shell, Nexus and Osaka to speed up Crux development Shell, Nexus Energy Ltd (Nexus) from Australia, and Osaka Gas Corp. Ltd (Osaka) have decided to merge their previous respective interests in Crux gas field into a newly created joint venture. Crux belongs to the offshore block AC/L9 of non-associated gas and is located by 170 meters deep …

Shell, Nexus and Osaka set joint venture for Crux LNG and NGL Read More »

Read

Recoverable Reserves

Definition Recoverable reserves are defined as the proportion of resources, here oil and gas, that can be technically, economically and legally possible to extract. The recoverable reserves may also be called proven reserves. Comments The recoverable reserves may be far different from the total resources called total Petroleum Initially-In-Place (PIIP). This Petroleum Initially-In-Place (PIIP) is an estimation resulting from exploration campaign …

Recoverable Reserves Read More »

Read

GDF Suez awards $2.2 billion Cygnus detailed design to AMEC

GDF Suez, Centrica and Bayerngas sanction Cygnus development  GDF Suez and its partners Centrica and Bayerngas  awarded the detailed design contract to AMEC for the development of the Cygnus natural gas field in the UK continental shelf in the southern North Sea. Cygnus was discovered in 1988 in the blocks 44/12a and 44/11a. Then several appraisal …

GDF Suez awards $2.2 billion Cygnus detailed design to AMEC Read More »

Read
Scroll to Top