General – Grade A Methane
Europe’s transition to offshore gas production with lower methane emissions has reached a new milestone.
[Read more…] about North Sea’s first ‘Grade A’ methane-certified gas projectFinal Investment Decision on Leviathan gas expansion
Fossil Energy – Leviathan
Chevron and the working interest owners of the Leviathan natural gas reservoir have reached a Final Investment Decision (FID) to expand the production capacity of the strategic Leviathan production platform located offshore Israel.
[Read more…] about Final Investment Decision on Leviathan gas expansionADNOC secures financing for Hail and Ghasha gas development
General – Finance
In partnership with Eni and PTTEP, ADNOC announced the signing of a landmark structured financing transaction worth up to $11 billion (£8.4 billion) to monetise the future gas production of Hail and Ghasha.
[Read more…] about ADNOC secures financing for Hail and Ghasha gas developmentShell invests in Nigeria offshore gas development
Fossil Energy – Nigeria
Shell Nigeria Exploration and Production, together with Sunlink Energies and Resources Limited, have taken a final investment decision (FID) on the HI gas project offshore Nigeria.
[Read more…] about Shell invests in Nigeria offshore gas developmentSpirit Energy boosts gas production Morecambe Fields
Fossil Energy – Gas Production
Spirit Energy has completed the latest in a series of activities to boost gas production from its Morecambe hub, investing approximately £20 million to maximise economic recovery from the fields, located in the East Irish Sea.
[Read more…] about Spirit Energy boosts gas production Morecambe FieldsThe Netherlands and Germany sign treaty on North Sea gas production
Fossil Energy – Treaty
The Netherlands and Germany have signed a bilateral treaty on the joint and responsible exploitation of hydrocarbon fields in the territorial waters north of the Ems-Dollard area.
[Read more…] about The Netherlands and Germany sign treaty on North Sea gas productionShell boosts gas production from Norway’s Ormen Lange field
Fossil Energy – Gas Production
Shell and its partners have started up two subsea compression stations at Norway’s Ormen Lange gas field to help boost recovery of gas reserves, which are exported to European markets.
[Read more…] about Shell boosts gas production from Norway’s Ormen Lange fieldSOCAR, bp, and TPAO join forces in Caspian Gas Project
Fossil Energy – Caspian Sea
On June 3, the Turkish Petroleum Corporation (TPAO) signed an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR) and British energy giant bp to join the Shafag-Asiman gas project in the Caspian Sea.
[Read more…] about SOCAR, bp, and TPAO join forces in Caspian Gas ProjectAcquisition of additional interest in Cygnus Field
Fossil Energy – Acquisition
Ithaca Energy has signed a sale and purchase agreement to acquire an additional 46.25% stake in the Cygnus gas field from Spirit Energy for a purchase price of $154 million.
[Read more…] about Acquisition of additional interest in Cygnus FieldProduction start-up Merakes East field
Fossil Energy – Indonesia
Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia.
[Read more…] about Production start-up Merakes East field