Results from two wells drilled by Statoil in association with the Dagny and Ermintrude discoveries in the North Sea will be important in choosing a development concept and further planning. An exploration well on the Dougal prospect found only traces of hydrocarbons in the Hugin formation, and has b
El Paso Pipeline Partners, L.P. announced that it plans to sell 12,000,000 common units in an underwritten public offering pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC). The partnership plans to grant the underwri
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b
Ensco plc announced that it has priced an underwritten offering of $1 billion principal amount of 3.25% senior unsecured notes due 2016 and $1.5 billion principal amount of 4.70% senior unsecured notes due 2021. The offering of notes was made pursuant to an effective shelf registration statement and
GE is pleased to announce that another significant milestone has been reached in its strategic acquisition of Wellstream Holdings PLC. This morning, Wellstream announced that the listing of its ordinary shares on the Official List had been cancelled and Wellstream’s shares ceased to be admitted to t
National Grid LNG Storage has announced it is to withdraw the remaining stocks of liquefied natural gas from its LNG storage facility at Partington near Manchester. The volume of gas remaining at Partington represents only about one per cent of current GB storage stocks. National Grid’s LNG storage
EOG Resources, Inc. announced that it has completed its previously announced public offering of 13,570,000 shares of common stock, including 1,770,000 shares issued upon full exercise of the underwriters’ over-allotment option, at a public offering price of $105.50 per share. EOG’s net proceeds from
By launching all the South Pars gas field phases, Iran’s yearly revenue from the field will rise to $110 billion, Iran’s Petroleum Minister, Dr. Mirkazemi announced here. It’s worth mentioning that, every phase of the South Pars will produce 25 million cubic meters of natural gas and some 40 thousan
Talisman Energy Inc. has announced it is deepening its strategic relationship with Sasol Limited (Sasol) in the Montney shale play, to include the sale of a 50% net working interest in its Cypress A assets, for a total consideration of C$1,050 million. Talisman will operate and manage the Cypress A
Federal Germany’s Ministry of Economics and Technology State Secretary Bernd Pfaffenbach said that Germany was in the final stages of import… (thepeninsulaqatar) [mappress] Source: thepeninsulaqatar, March 8, 2011;
CBM Asia Development Corp. announced that its operating partner MedcoEnergi reported it is mobilizing a workover rig to the CBM-SE-02 well at the Sekayu coalbed methane exploration project in South Sumatra, Indonesia. Medco plans to install a downhole pump and zone isolation packer to dewater the Pa
Liquefied natural gas, or LNG, demand in the Middle East is growing so quickly that the region could eventually consume its entire productio… (zawya) [mappress] Source: zawya, March 8, 2011;
Yemen an TOTAL have discussed the reconsideration of the price of purchasing power for Yemeni LNG under the previous contract the government… (sabanews) [mappress] Source: sabanews, March 8, 2011;
Enerflex has been contracted by BG subsidiary QGC to supply the upstream triethylene glycol (TEG) dehydration packages for the Queensland Curtis LNG Project in Queensland, representing a significant milestone in the region for Enerflex. The Queensland Curtis LNG (QCLNG) Project is being constructed
