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Statoil and Husky to consider FPSO for Flemish Pass The Norwegian national oil company (NOC) Statoil ASA (Statoil) and the Canadian company Husky Energy Inc. (Husky) are accumulating crude oil discoveries in the Flemish Pass basin that could justify a development with a floating production, storage and offloading (FPSO) vessel offshore the Newfoundland and Labrador […]
Total made final decision to develop Incahuasi gas field The French major company, Total and its partners, Gazprom from Russia and Tecpetrol de Bolivia (Tecpetrol), made the final investment decision (FID) to develop the gas and condensate discoveries from Incahuasi in Bolivia. In a country where the production of natural gas is historically dominated by […]
Lekoil to join YFP, Chevron and Vitol in Block OML 113 The local junior company Lekoil Ltd (Lekoil) signed a Sales and Purchase Agreement (SPA) with Panoro Energy (Panoro) from Norway to acquire its stake of the Aje project in the Oil Mining Lease 113 (OML 113). This transaction will apply to 6.502% of the […]
Cyprus selected Vassilikos to locate three LNG Trains The French major company, Total, is reported to have signed a memorandum of understanding (MOU) with the newly formed Cyprus National Hydrocarbons Company (CNHC) on the second liquefied natural gas (LNG) train of the Cyprus LNG project. Through this agreement Total is joining Noble Energy (Noble) from Houston, […]
Cobalt to join Majors in Angola pre-salt Kwansa Basin With the Cameia discovery, the junior Cobalt International Energy Company Inc. (Cobalt) is joining the major companies BP, Chevron, Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina, Statoil and Total in the development of the pre-salt oil and gas reserves lying in the Angola deep offshore Kwanza […]
Shell to compare FPSO with tie-back on Gumusut The Netherlands-based major company Shell is investigating through its joint venture Brunei Shell Petroleum (BSP) the optimized solution to develop the Geronggong oil field offshore the Sultanate of Brunei Darussalam (Brunei). Located 100 kilometers offshore Brunei by a water depth of 1,000 meters, the Geronggong oil field […]
Inpex and Shell awarded competitive FEED contracts Inpex Corporation (Inpex) from Japan and the international oil company Shell signed two contracts in parallel for the front end engineering and design (FEED) of the Abadi floating liquefied natural gas (Abadi FLNG) project in the Masela Block, offshore Indonesia. The Masela Block is located in the utmost […]
Apache and JX to join Carnarvon and Finder in Phoenix Apache Corporation (Apache) from USA and JX Nippon Oil & Gas Exploration (JX Nippon) from Japan have seen their project of Farm-in Agreement with Carnarvon Petroleum Ltd (Carnarvon) and Finder Exploration (Finder), both from Australia, approved by the Australian Authorities. Last October, Apache, JX Nippon […]
