While gas demand in Europe will struggle to recover to pre-financial crisis levels until the latter half of this decade, overall global gas demand continues to grow strongly, Ben Hollins, Head of Gas & Power Research for Wood Mackenzie told delegates in a presentation at FLAME 2013 in Amsterdam toda
Pakistan has raised its demand for natural gas imports from Iran to 30 million cubic meters (mcm) per day, deputy minister of petroleum and managing director of the National Iranian Gas Company (NIGC), Javad Owji announced. He said that negotiations have started with the Pakistani side to that effec
An increase in offshore discoveries is prompting a surge in exploration activity across the Middle East and Africa and driving up the amount spent on drilling, states the latest report form business intelligence firm GBI Research. The company’s latest oil and gas report forecasts offshore drilling e
Transfer of Iran’s gas to Pakistan guaranties peace and security in the region, Iranian president Mahmoud Ahmadinejad said. Addressing commencement ceremony of IP gas pipeline executive operation, Ahamdinejad said: “I believe if the countries of the region to strengthen their cooperation, they will
Qatar Petroleum (QP) and Wintershall said that they have made a gas discovery in exploration Block 4 North, offshore Qatar. Qatar Petroleum representing the Government of the State of Qatar and Wintershall entered into an Exploration and Production Sharing Agreement (EPSA) for Block 4 North in Novem
Qatar Petroleum (QP) and Wintershall announced today that they have made a gas discovery in exploration Block 4 North, offshore Qatar. Qatar Petroleum representing the Government of the State of Qatar and Wintershall entered into an Exploration and Production Sharing Agreement (EPSA) for Block 4 Nor
Watch the full video of a speech BP’s CEO Bob Dudley delivered at last week’s IHS Ceraweek. The speech titled: “Challenging Opportunities: The US, Russia and the World’s Energy Journey” covered developments in US energy trends and the challenges that lay ahead while focusing on the importance of the
Delek Group’s gas subsidiaries announced that a decision to drill Karish #1 has been approved based upon a report prepared by Netherland, Sewell and Associates (NSAI) of the unrisked gross (for 100% WI) prospective gas resources, as of December 31, 2012, for three prospective reservoirs located in t
1) JAPEX to Participate in Pacific Northwest LNG Project, Canada Japan Petroleum Exploration (JAPEX) said that it has entered into a Heads of Agreement with Petroliam Nasional Berhad （PETRONAS）to participate in a natural gas development and production project in British Columbia, Canada and a planne
Executive operations for the construction of the Iran-Pakistan (IP) gas pipeline in Pakistan’s soil will begin in the presence of the president of these two countries. The ceremony will also be attended by officials from some other countries. According to the report of the public relations of the Na
Top News of the Week March 4 – 9, 2013
If you were able to fly on board an EU Naval Force warship at sea to look at how it conducts counter piracy patrols off the coast of Somalia, the navy pilot that flies you on board may be a women, the officer of the watch ‘driving the ship’ across the Indian Ocean may be […]
The ever-growing maritime industries developed the need for steady offshore drilling and moving of storage assets to fill the gap between production and transportation of offshore energy goods such as crude oil. One of ways to transport crude oil from a floating production, storage and offloading (F
Noble Energy announced results from its second Leviathan appraisal well located in the Rachel license offshore Israel. The Leviathan #4 appraisal well was drilled to a total depth of 16,992 feet and encountered 454 net feet of natural gas pay in multiple intervals, the thickest net pay of any well d
