(WO) — Eni has received approval from the Indonesian authorities to develop two large gas fields, Geng North and Gehem, in the Kutei Basin. The approval includes a 20-year extension of the Ganal and Rapak licenses. The Northern Hub project will integrate the Geng North and Gehem fields, which together contain significant gas […]
(WO) — Eni has received approval from the Indonesian authorities to develop two large gas fields, Geng North and Gehem, in the Kutei Basin. The approval includes a 20-year extension of the Ganal and Rapak licenses. The Northern Hub project will integrate the Geng North and Gehem fields, which together contain significant gas […]
(WO) — OMV (Norge) AS, the operator of license PL 1194, announced a significant gas discovery in the Norwegian Sea. The well, drilled by the Transocean Norge rig, returned estimated recoverable quantities of between 30 million and 140 million barrels of oil equivalent (MMboe). The deepwater well is located 300 km west of […]
By News.Az Turkey is making waves on the global energy scene, reaching new highs in oil and gas production. These achievements are the result of a bold national energy strategy aimed at reducing dependence on imported resources and increasing domestic production. Turkish Energy Minister A. Bayraktar shared the exciting news and emphasized the country’s ongoing […]
Azerbaijan is on track to meet its natural gas export target this year, but Baku still has a long way to go before the country can meet its ambitious export commitments for 2027. President Ilham Aliyev praises Azerbaijan as a “reliable supplier” announced at a policy conference in the United Kingdom in July that the […]
(WO) – PETRONAS recently commenced maiden gas production from the Kasawari field in Block SK316, approximately 200 km offshore Malaysia. The initial flow rate will be 200 MMcfd. Block SK316 is operated by PETRONAS Carigali Sdn Bhd (PETRONAS Carigali), which holds a 90% interest, while the remaining 10% is owned by Exploration and […]
The volume of daily natural gas production in the Sakarya gas field on the Black Sea has reached 6 million cubic meters (million m³), Energy and Natural Resources Minister Alparslan Bayraktar said on Saturday. Speaking at the meeting of the advisory board of the ruling Justice and Development Party (AK Party) in Zonguldak province, Bayraktar […]
Baghdad relies on profit sharing in new oil and gas contracts BAGHDAD, August 15 (Reuters) – Iraq is making the biggest changes in its relationship with global oil companies in decades, sources said Thursday, in a bid to attract more money to the country’s hydrocarbon sector and share in the profits from the development of […]
VIENNA (Reuters) – Heavy fighting between Ukrainian and Russian forces near a pipeline through which Russia supplies gas to landlocked Austria has not led to any disruptions in supplies, network operator Gas Connect Austria told Reuters on Tuesday. “We are not aware of any pressure fluctuations, all nominations are proceeding as planned and there are […]
Maguire: Key energy indicators for China until the end of 2024 LITTLETON, Colo., Aug. 13 (Reuters) – Lower consumption in China prompted the Organization of the Petroleum Exporting Countries (OPEC) this week to cut its forecasts for global oil demand growth, underscoring the crucial role the world’s second-largest economy plays in energy markets. Nevertheless, […]
