BG flows more gas off Tanzania

BG flows more gas off Tanzania

Posted by Aaron Kerr August 27, 2014


UK giant BG Group has flowed more gas from an appraisal well on its Mzia discovery in Block 1, offshore the coast of southern Tanzania. BG carried out a second drill stem test on the Mzia-3 well which flowed gas at a maximum rate of 101 million cubic feet of gas per day. Block partner Ophir Energy said in a separate statement that the well flowed slightly ahead of expectations at an average controlled rate of 90 MMcfd for six… More

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Statoil confirms Mexico deep-water interest

Statoil confirms Mexico deep-water interest

Posted by Aaron Kerr August 25, 2014


Norway’s Statoil has confirmed its interest in Mexico offshore opportunities following the country’s launch of joint venture and public bid opportunities last week. Regulators have proposed to offer 169 exploration and development blocks in an initial Round One bid process, while state-led oil company Pemex will offer farm-ins to 10 areas including high-profile deep-water wildcats Trion and Exploratus. “Statoil would be interested in participating in exploration and production activities offshore, especially in under-explored areas with the potential for high impact… More

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Statoil opts for Oseberg subsea platform

Statoil opts for Oseberg subsea platform

Posted by Aaron Kerr August 22, 2014


Norwegian operator Statoil is moving ahead with plans to use a slimmed-down platform concept instead of a subsea tie-back for its Oseberg Future Development project. The company has handed out concept study contracts for a “subsea on slim legs” solution for the North Sea field to contractors,including Norway’s Kvaerner, in addition to the traditional subsea tie-back. The aim is to find a way to develop small deposits near existing fields more cheaply than through a subsea development. (Read more on this… More

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PT Pertamina boss leaves for Harvard job

PT Pertamina boss leaves for Harvard job

Posted by Aaron Kerr August 19, 2014


Indonesian state oil and gas company PT Pertamina’s chief executive director Karen Agustiawan is stepping down to take up an academic post at Harvard University in the US, reports said. Agustiawan will leave on 1 October, the country’s Minister of State for Enterprise Affairs Dahlan Iskan told reporters in Jakarta, according to Dow Jones Newswires. A successor is to be named by the company soon, the minister added. Agustiawan has served in the role since 2009, and was re-elected for… More

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Major discovery made off WA

Major discovery made off WA

Posted by Aaron Kerr August 18, 2014


US independent Apache Energy has confirmed four oil columns in the Phoenix South-1 well on the North West shelf offshore Western Australia. Early indications showed there could be 300 million barrels of oil in place, the company said on Monday. Joint venture partner Carnarvon Petroleum announced this was one of the most “significant developments in Australian oil and gas in recent times”. Carnarvon said it was too early to give a definite number on oil volumes but further technical evaluation… More

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